May 25, 2020

Russian central bank seeks to reverse diamond deal

Bank said it was seeking to reverse a $1.45 billion deal between Lukoil and Otkritie Holding.

May 22, 2020

Alrosa cuts 2020 production over falling demand

Company is cutting its output to 28-31 m carats, compared to initial guidance of 34 m carats.

May 22, 2020

Dominion Diamond unveils plan to avoid bankruptcy

It involves selling its assets for about $177 million, which could pave the way to restart its idled Ekati mine.

May 21, 2020

World’s fourth-biggest diamond mine cuts output

Angola’s Sociedade Mineira de Catoca, which operates the namesake diamond mine in the country, cited weak demand.

May 20, 2020

Alrosa pushes for sales of fluorescent diamonds

The Russian miner says fluorescence doesn’t negatively impact a diamond’s appearance

May 14, 2020

Sierra Leone mining revenue sinks

Mining accounts for more than 80% of the West African country's export revenue.

May 13, 2020

Diamonds: the brilliant new asset

Gold is nearing the all-time high; diamonds, a twenty year low.

May 13, 2020

Russia, Congo, Botswana hold 80% of global diamond reserves

Russia, Congo and Botswana combined have the lion's share of the world’s 1.1 billion million carats in reserves.

May 12, 2020

Lucapa finds 171-carat diamond at Angola mine

It's the 15th diamond over 100 carat recovered to date from the prolific Lulo mine.

May 12, 2020

Alrosa’s anemic April sales a new sign of market agony

The world’s top diamond producer by output saw sales dive 95% in April compared to the same month of 2019.