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.

August 19, 2020

Sierra Leone freezes assets of Steinmetz diamond unit

The country's High Court interim order affects the assets of Octea, a subsidiary of BSGR, and is linked to a lawsuit over alleged environmental damage.

August 18, 2020

Tiffany will soon reveal everywhere your diamond has traveled

Beginning in October, the luxury retailer will provide expanded origin details for newly sourced, individually registered diamonds.

August 12, 2020

Star Diamond and Rio Tinto to face off in court

Canadian judge ruled the junior has grounds to take its legal fight with RTEC to court over ownership of the Star-Orion South project.

August 11, 2020

Lucara ends second quarter with $14 million loss

82% revenue drop attributed mostly to pandemic-fuelled uncertainty in an already weak global diamond market.