DIAMONDS

Russian State-controlled miner Alrosa will assess the quality of Zimbabwe’s diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company’s chief executive said on Monday. Zimbabwe …

Mine restoration at the Mir diamond mine, which flooded about a year-and-a-half ago, is only expected to start after 2024, Russian miner Alrosa reported on Monday, detailing the timelines for the potential restart of the Siberian underground operation….

Russian State-controlled diamond producer Alrosa said on Friday its 2018 net profit rose 15% to 90.4 billion roubles, as a fall in sales volume was offset by stronger global prices.

Though sales volume fell by 8% year-on-year, stronger pricing, partic…

Aim-listed BlueRock Diamonds on Friday said it was finalising preparations for the move to continuous operations at its Kareevlei diamond mine, in Kimberley, South Africa.

The company said that although this was later than had initially been anticipa…

Botswana’s Debswana Diamond Mining, a joint venture between De Beers and the southern Africa country’s government, aims to keep production at around 24-million carats this year, its managing director said on Friday. Debswana lifted diamond output by 6 …

An 83 ct diamond has been recovered from the Mothae kimberlite project, in Lesotho.

ASX-listed Lucapa Diamond Company on Friday said that the diamond was the fourth stone measuring larger than 50 ct to be recovered from Mothae to date, and while the 8…

LSE-listed Gem Diamonds on Thursday announced the sale of a 13.33 ct pink diamond on tender in Antwerp for $8.75-million.

The diamond was recovered from the Letšeng mine, in Lesotho, in which Gem Diamonds holds a 70% stake, in February.

LSE-listed Gem Diamonds on Wednesday posted a significant surge in earnings as it delivered record diamond recoveries for the year ended December 31, 2018. The diamond miner reported a profit for the year of $46.6-million, compared with the $20.8-milli…

LSE-listed Petra Diamonds has recovered a 100.83 ct D-colour Type II gem-quality diamond at its Cullinan mine, in South Africa. The large diamond find follows the recent recovery of a 6.12 ct Type II blue stone at the same mine.