October 8, 2020

Gold price rally lifts value of top 50 mining companies above $1 trillion for the first time

The Top 50 most valuable mining companies added $80.2 billion in market capitalization over the three months to end September.

October 5, 2020

Canadian “flawless” diamond sets online record of $15.7m at auction

The buyer, an unnamed Japanese man, bought the stone for his second daughter and has already renamed it after her — The Maiko Star.

October 2, 2020

South African union threatens strike at coal and diamond mines

NUM threatened to call a strike at mining companies De Beers, Exxaro and Petra Diamonds after failing to reach wage agreements.

October 1, 2020

Sierra Leone court lifts Octea asset freeze after complaint thrown out

Ruling relates to only one of several legal complaints against the BSGR subsidiary.

September 28, 2020

Lucapa’s sale fresh sign of diamond market recovery

The miner and its partners in Angola have sold $5.6 million worth of diamonds from the Lulo mine, in a fresh sign that the market is slowly improving.

September 27, 2020

Venezuelan opposition party demands environmentally friendlier mining operations

Encuentro Ciudadano is preparing a report aimed at informing discussions currently underway to modify the country’s mining law.

September 25, 2020

Rio Tinto’s Argyle Pink Diamonds Tender previewed virtually

In the era of covid-19, the tender was inspired by the Japanese philosophy of Ichigo Ichie, related to the unrepeatable nature of a moment in time.

September 24, 2020

First defined diamond grading system ratified

ISO 24016 is to be used for the grading and description of single unmounted polished diamonds of more than 0.25 carats.

September 23, 2020

De Beers cuts prices for smaller diamonds

Company reduced prices of rough diamonds smaller than one carat by more than 10%.

September 23, 2020

Some carbon-rich exoplanets may be made of diamonds

Researchers believe that carbon-rich exoplanets could convert to diamonds if water were present.