July 12, 2021

Lucara Diamond locks in $220 million loan for Karowe expansion

Financing package will help fund a five-year, $514 million underground expansion of the Karowe mine in Botswana.

July 12, 2021

Petra fetches over $40m for 39-carat blue diamond

At $1,021,357 per carat, it is the highest price paid for a single stone.

July 9, 2021

Gemfields shares spike tied to non disclosable, sensitive information

The emeralds and rubies miner did say it expects to announce sales of $95m in first half of 2021, up 533% from the same period in 2020.

July 8, 2021

Star Diamond battles Rio Tinto’s call to JV meeting

Canadian miner says Rio has no right to call or hold a meeting of the joint venture that does not yet exist.

July 7, 2021

Britain’s Firestone to sell Botswana diamond mine for $50,000

The BK11 mine was put on care and maintenance in 2012 due to operational challenges and weak market demand for the precious stones.

July 6, 2021

De Beers pleads guilty to failing to report mercury monitoring results at Victor mine

The case sets a precedent for mining activities in Ontario, including “Ring of Fire.”

July 6, 2021

Alrosa unveils new diamond tracking method

The nanotechnology-based technology marks each diamond with a 3D code containing in-depth information about the stone.

July 1, 2021

Ice Road built by diamond miners in Canada’s Far North gets Netflix debut

The Ice Road has been jointly run by three stage.mining.companies – Diavik Diamond Mines, Dominion Diamond Corporation, and De Beers Canada – for over 20 years since the start of…

June 30, 2021

Myanmar army tightens grip on lucrative jade sector

Myanmar produces about 70% of the world's jade, but the industry is plagued by conflict, corruption and environmentally destructive practices.

June 23, 2021

Lucara strikes again with diamond over 1,000 carats

The 1,174 carat diamond from the Karowe mine in Botswana is the third over 1,000 carats recovered since 2015.