June 22, 2020 The masters of the diamond world are losing control De Beers struggles to generate interest from its customers while at least five buyers have broken from their long-term contracts with Alrosa.
June 17, 2020 Dominion Diamond sues partner in Diavik mine The Canadian miner, which is fighting bankruptcy, alleges DDMI is managing the mine to the benefit of its majority owner, Rio Tinto.
June 15, 2020 Rio won’t bid for remaining stake in Canadian diamond mine Rio owns 60% of the Diavik mine in Northwest Territories.
June 12, 2020 Top miners in good position to weather covid-19 – report PwC forecasts that miners will take a hit to EBITDA of approximately 6% in 2020.
June 11, 2020 South Africa mining output drops most in 39 years Total production decreased 47.3% from a year earlier.
June 10, 2020 Alrosa’s May sales drop 85% Sales of rough and polished diamonds stood at $40 million in May, a 85% drop from $266 million a year ago.
June 8, 2020 The diamond glut: Miners stuck with gems worth billions The five biggest producers are probably sitting on excess inventories worth about $3.5-billion.
June 5, 2020 Alrosa sees covid impact lingering after Q1 slide Russian diamond producer reported an 87% slide in first-quarter net profit.
June 4, 2020 MINING.COM MINUTE: Biggest stories of the week Fallout from Australian aboriginal cave blast widens, Novagold under short seller attack, and more...
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