May 1, 2020

Lucapa Diamond restarts Lulo mine in Angola

Operations will resume on a two shift six-day week basis, with 50% of the workforce.

May 1, 2020

Petra Diamonds delays interest payment to borrow $21m

The move would allow Petra to draw 400 million ($21m) rand of a 1 billion rand revolving credit facility to saty afloat.

April 29, 2020

De Beers donates $200,000 to women’s support organizations in fight against covid-19

The donation will be split equally across Botswana, Canada, Namibia and South Africa.

April 29, 2020

Russian metals and mining firms reduce investment

Alrosa may review its 2020 production plan from the current 34.2 million carats as the pandemic hits its sales.

April 28, 2020

Silver miners hit hardest by lockdowns — report

Nearly two-thirds of global silver production is still on hold.

April 27, 2020

Gemfields ups security, human rights efforts

The miner is the only gemstone company to be recognized as a corporate member by Voluntary Principles on Security and Human Rights (VPSHR).

April 27, 2020

De Beers boosts output by 5.8% in Namibia

Namdeb, a joint venture between the Namibian government and De Beers, produced 511,000 carats in the first quarter.

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.