Gemstone miner Gemfields has warned of bleak conditions for the remainder of this year, as the spread of Covid-19 continues to impact on the group. “Conditions remain very challenging for Gemfields and for the wider gemstone sector. The effect of trave…
Gemfields warns of bleak second-half Read More »
Responsibly sourced fine jewellery retailer Brilliant Earth has partnered with diamond producer Alrosa’s social initiative Diamonds That Care, to unveil a new limited-edition jewellery collection. The Brilliant Earth and Diamonds That Care exclusive co…
Alrosa partners with US retailer to launch responsibly-created jewellery collection Read More »
South Africa lacks a healthy junior exploration and mining sector, when it could be a catalyst for growth and transformation in the sector, says the South African Diamond Producers Organisation (Sadpo).
For example, the discovery of alluvial diamonds…
Junior diamond miners can again be catalysts for mining sector growth, says Sadpo Read More »
De Beers is considering ways to restructure mines, expand in jewelry and overhaul diamond sales, as the world’s biggest and oldest producer rethinks its entire business in an industry left paralyzed by the pandemic. The company founded by British imper…
De Beers rethinks business after diamond collapse exposes cracks Read More »
Lucara Diamond Corp. [LUC-TSX, BSE, NASDAQ Stockholm] signed a definitive supply agreement for the remainder…
Lucara and HB Group sign new diamond supply agreement Read More »
London-listed diamond miner Petra Diamonds has reported a 7% year-on-year reduction in production, from 3.87-million carats in the 2019 financial year, to 3.59-million carats in the financial year ended June 30, 2020.
Production was severely disrupted…
Covid-19 takes its toll on Petra’s production, revenues Read More »
Alrosa Zimbabwe (Alrosa Zim), a joint venture (JV) between Russian diamond miner Alrosa and Zimbabwe State-owned miner Zimbabwe Consolidated Diamond Company (ZCDC), has started prospecting and preliminary exploration works for primary diamond deposits….
Alrosa, ZCDC JV starts prospecting for diamonds in Zimbabwe Read More »
In response to a letter from the Equitable Access Campaign (EAC), published by Mining Weekly on June 26 – which highlighted the plight of small-scale marine diamond miners operating off the coast of Alexander Bay – Sable Metals & Minerals CEO James…
Allan reinforces need for a panel to oversee Alexkor’s turnaround Read More »
LSE-listed Petra Diamonds is selling its exploration assets in Botswana, held through Sekaka Diamonds, to Aim-listed Botswana Diamonds (BOD) for $300 000 and a 5% royalty on future revenues. The exploration assets include the KX36 diamond discovery, al…
Petra sells Botswana diamond exploration business to Botswana Diamonds Read More »
Diamond miner De Beers reported a 54% year-on-year decrease in production to 3.5-million carats in the second quarter of the year.
This was owing to the Covid-19 lockdown measures in South Africa, Namibia, Botswana and Canada where the miner operates.
Low rough diamond demand hits De Beers hard in second quarter Read More »
