June 25, 2020 Stornoway Diamond top executives to step down CEO Patrick Godin and EVP finance Annie Torkia Lagacé step down June 26.
June 25, 2020 Alrosa halts mine after several cases of covid-19 The company's International underground diamond mine will be closed for up to two weeks.
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.
Copper price nears $13,000 on tariffs woes, supply strain Mine outages, tariff risks and tight supply push copper toward a milestone despite weakening Chinese demand. December 29, 2025 | 05:51 am
