Diamond Top Stories

South African billionaire Wiese returns to his diamond-hunting roots

The 82-year-old serial investor has dived into something that harkens back to the start of his storied career nearly half a century ago.

Bloomberg News | February 26, 2024 | 9:23 am

What to expect in 2024 after diamond sector’s price plunge

Going into 2024, it is likely that miners will release…

Paul Zimnisky | February 25, 2024 | 6:45 am

Anglo American to review assets after writedowns and profit plunge

The miner has announced a $1.6 billion impairment charge on…

Reuters | February 22, 2024 | 9:51 am

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Anglo American said it will review its assets after a…

Reuters | February 22, 2024 | 6:49 am

Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Recoveries include a 320-carat gem-quality, an 111-carat Type IIa white…

Staff Writer | February 21, 2024 | 1:28 pm

Plane carrying Rio Tinto workers crashes in Canada’s Northwest, six dead

Four passengers and two crew members died after a small Jetstream aircraft on its way to the company's Diavik mine crashed shortly after take-off.

Reuters | January 24, 2024 | 3:15 am

Gahcho Kué diamond sales fall on weaker demand

Revenue declined to $243.7 million from 2.7 million carats sold at an average value of $90 per carat.

Colin McClelland | January 23, 2024 | 1:56 pm

Canada gives mineral-rich Arctic region of Nunavut control over its resources

Nunavut is home to some of the minerals critical for battery production.

Reuters | January 18, 2024 | 7:41 am

De Beers cuts diamond prices to revive sales

The world’s top producer made one of the steepest cuts to its diamond prices in years.

Bloomberg News | January 15, 2024 | 7:21 am

The top 50 biggest mining companies in the world

Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.

MINING.com Editor | January 12, 2024 | 2:59 am

Gem Diamonds and Lucara find first big stones of 2024

Gem Diamonds has unearthed a 295-carat rough at its Letšeng mine in Lesotho, while Lucara recovered a 166-carat rough at Letšeng in Botswana.

Cecilia Jamasmie | January 11, 2024 | 3:24 am

Gemfields says rubies making headway in Chinese market

The company's report, the second since 2020, reveals that rubies are gaining steam among Chinese consumers.

Staff Writer | January 10, 2024 | 7:14 am

Scientists gain new insights into diamond rain on Neptune, Uranus

Diamond rain on Neptune and Uranus forms at a lower depth than previously thought.

Staff Writer | January 10, 2024 | 6:06 am

De Beers to spend $1 billion on Botswana mine expansion

The approved investment will be used to convert the Jwaneng open pit mine into an underground diamond operation.

Cecilia Jamasmie | January 10, 2024 | 3:42 am

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