April 24, 2020 Diamonds need some new best friends Nearly seven decades after Marilyn Monroe’s immortal song, it's time for a new myth.
April 24, 2020 Gem Diamonds to restart Letšeng mine Lesotho diamond mine will reopen on April 27, following a phased ramp-up plan and in compliance with protocols for preventing the spread of covid-19.
April 23, 2020 De Beers axes production forecast amid market collapse As many other diamond miners, De Beers is trying to weather a shutdown of the global supply chain.
April 23, 2020 Anglo American to cut capex, costs due to coronavirus impact Anglo's exposure to South Africa, which accounts for about half of its profits, has forced the company to cut spending and reduce costs.
April 22, 2020 Venezuela allows gold mining in river basins A new resolution was approved almost in secrecy. The parliament rejects it.
April 22, 2020 Petra moves towards $650 million debt restructuring The company announced in February it was looking at strategic options in relation to its debt due in 2022.
April 22, 2020 Emissions to drop 6% this year due to pandemic The World Meteorological Organization says the forecast comes as covid-19 has brought transportation and industrial energy production to a near halt.
April 20, 2020 Anglo American board donates portion of pay to covid-19 fight Anglo American has already donated $25 million to covid-19 causes.
April 20, 2020 A look at rough diamond prices in the midst of the covid crisis Much of the diamond supply chain has been virtually suspended due to the pandemic.
April 16, 2020 Alrosa reports 9% production drop in Q1 Sales of rough and polished diamonds totalled $904 million.
First Quantum to sell Spanish mine for $190M Global Panduro, an entity controlled by US private equity Resource Capital Funds, will acquire the past-producing Las Cruces copper mine. December 24, 2025 | 07:28 am