August 31, 2020

Cheaper diamonds fire life into the hidden world of gem trading

De Beers and Alrosa decided last week they saw enough signs of recovering demand and seized the opportunity, cutting some prices by almost 10%.

August 30, 2020

Nano-diamond battery that lasts for 28,000 years closer to becoming commercial product

US startup NDB announced that the proof of concept of its nano-diamond battery achieved a breakthrough 40% charge.

August 27, 2020

Alrosa follows De Beers with price cuts

Company also changed its billing system so buyers can’t tell which stones are discounted, or by how much.

August 26, 2020

RioZim expects demand bounce after virus turmoil

Zimbabwe’s second-largest diamond miner sees demand picking up.

August 25, 2020

Botswana says no guarantee on De Beers deal by end-2020

The deal is necessary for the Debswana Mining Company, jointly held by De Beers and the Botswana government, as it provides the country with around two-thirds of its foreign exchange.

August 24, 2020

De Beers cuts diamond prices after covid-19 curbs demand

The world’s No. 1 producer is cutting prices for larger stones by almost 10% starting this week.

August 21, 2020

Gem Diamonds finds 442 carat rough at Letšeng mine

The type II withe diamond is one of the largest gem quality rocks recovered this year.

August 20, 2020

Young Diamantaires launch fundraiser for SA school

#morethanadiamond campaign aims to build a library and kitchen at Renaissance High School in Messina, South Africa.

August 19, 2020

Mountain Province looks to biggest shareholder for revenue, refinancing

After closing a C$50 million alternative diamond sale deal in June with Dunebridge Worldwide, company is proposing to double the value of the sales agreement to C$100 million.

August 19, 2020

Alrosa to mine upper levels at Inter

Production is expected to start in the Q4 2020.