December 6, 2023

G7 to ban Russian diamonds, announce measures on price cap, assets

The group is expected to announce a direct ban as of Jan. 1.

December 5, 2023

Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures

Annual expenditures on mine closure and rehabilitation activities in Australia are expected to exceed A$4 billion by 2040.

November 29, 2023

Rio Tinto sells stake in Canadian diamond project, ups interest in copper

Rio Tinto sold its 75% interest in the Fort à la Corne diamond project in Saskatchewan, and is increasing its stake in a Yukon copper firm.

November 27, 2023

Angola’s new diamond mine opens against backdrop of weak demand

Luele's resource contains an estimated 628 million carats of diamonds with a mine-life of 60 years.

November 21, 2023

URA raises $1.25m to restart South African emerald mine

The Gravelotte mine, operational between 1929 and 2002, was one of the world's largest emerald mines in the 1950s and 1960s .

November 20, 2023

Liberia’s President-elect Boakai to review mining concessions

The West African country has rich mineral reserves of diamonds, gold and iron ore.

November 20, 2023

Kremlin, facing diamond ban, says EU sanctions have ‘boomerang effect’

EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1.

November 20, 2023

Lucapa puts Merlin feasibility study on back burner

The diamond miner will focus on assessing a smaller scale, lower cost path to mine development amid weak market conditions.

November 17, 2023

EU proposes to ban Russian diamonds from start of 2024

The proposal is part of a new sanctions package to curb Russia's ability to finance its invasion of Ukraine.

November 15, 2023

EU Commission proposes Russian diamond ban, tightening of oil price cap

The sanctions package also contains import bans on a number of metals.