February 25, 2020

Russia pushes to end partial ban on diamond exports from CAR

Current restrictions have increased the amount of diamonds sold illegally, generating profits for middlemen rather than local communities.

February 25, 2020

Firestone to delist, trim board on tough diamond market

The decisions seek to reduce costs and ride out the sector's lingering weakness.

February 25, 2020

Western Australia is world’s new top mining destination

No Canadian provinces made the top ten list this year.

February 24, 2020

Gemfields Mozambique’s ruby unit reports attack on workers

Attackers torched a vehicle, less than a month after 11 people died when parts of a mine pit collapsed.

February 21, 2020

Alrosa finds first large coloured diamond at new Yakutia mine

The 17-carat bright yellow gem-quality stone was unearthed at the Verkhne-Munskoye deposit.

February 20, 2020

De Beers posts lowest profit since end of diamond monopoly

Not since at least the early 2000s, when De Beers gave up its global monopoly on diamonds, has the company earned so little money.

February 19, 2020

Lucapa reveals positive results from Lulo diamond project

The first stream bulk samples excavated had resulted in the recovery of 45 diamonds weighing 30.3 ct.

February 19, 2020

Namibia expects economy to grow in 2020 driven by the mining sector

Diamond mining is the largest taxpayer in Namibia and generates 20% of the country's export earnings.

February 18, 2020

Retail margins could be boosting man-made diamond sales

Despite the growth in the availability, it is estimated that still only 1 in 5 diamond retailers in the U.S. carry man-made diamonds.

February 18, 2020

ALROSA sells 6-carat pink diamond

As part of a traceability initiative, a short film is automatically generated on ALROSA’s digital platform based on information about each diamond available.