Gem and Diamond

Mining News Pro - South Africa’s Petra Diamonds (LON:PDL) has sold a 20.08-carat blue precious rock it found in September at its iconic Cullinan mine for $14.9 million, or about $741,000 per carat, which is the highest price analysts had predicted.

Mining News Pro - De Beers sold the most diamonds since June after the biggest price cut in years, but sales still remained lower than normal for this time of year as the industry’s cutters and traders struggle to make money.

Mining News Pro - Botswana Diamonds said Tuesday that it recovered the first diamonds from plant commissioning activities on its Marsfontein mine in Limpopo, South Africa.

Mining News Pro - South Africa’s Petra Diamonds is opening up some of its tailings at Koffiefontein mine to small scale operators, in an effort to tackle illegal activities and solve some issues caused by artisanal miners.

Mining News Pro - Anglo American unit De Beers said its 2019 marketing budget will exceed last year’s figure of $170 million and will focus on the biggest market the United States, where women lavishing diamonds on themselves has boosted sales.

Mining News Pro - The world’s top diamond producer by output, Alrosa, has unearthed a unique rough diamond weighing over 232 carats, the largest gem-quality specimen found in more than three years.

Mining News Pro - For 30 years, jeweler John Calleija has been purchasing rare gems from Rio Tinto Group’s Argyle mine in remote Western Australia, home to 90% of the world’s prized pink diamonds.

Mining News Pro - South Africa’s Petra Diamonds could get up to $15 million for a 20.08-carat blue rock it found in September at its iconic Cullinan mine, when it goes for sale at a planned tender in Johannesburg next month.

Mining News Pro - An unusual diamond with another diamond found inside was mined in Yakutia at the Nyurba mining and processing division of Alrosa, the Russian miner announced Friday.

Mining News Pro - The latest sales data from De Beers reinforces why this is one of the worst years for the diamond industry in a long time.

Mining News Pro - Rio Tinto is exploring for diamonds in Canada as part of its plans to stay in the sector despite the looming closure of its Argyle mine in Australia, known for extremely rare pink diamonds, the firm’s head of copper and diamonds said.

Mining News Pro - South Africa’s Petra Diamonds has found yet another big rock at its iconic Cullinan mine, one of the many coloured diamonds it has unearthed at the operation this year.

Mining News Pro - A PhD student at the University of Alberta discovered a new mineral inside a diamond recovered from a mine in South Africa.

Mining News Pro - MIT engineers created a material that is 10 times blacker than anything that has previously been reported.

Mining News Pro - Namdeb Holdings Limited, a joint venture between the Namibian Government and Anglo American’s diamond unit De Beers Group, said on Thursday that it has sold Elizabeth Bay Mine and its associated marine assets as a going concern to Lewcor, a 100% Namibian-owned consortium.

Mining News Pro - Russia’s Alrosa is talking to several global jewellery retailers about jointly marketing the miner’s jewellery brand that uses fluorescent diamonds, as it strives to create a new niche for the natural stones.

Mining News Pro - Stornoway Diamond Corp. of Montreal has been granted protection under the Companies’ Creditors Arrangement Act from the Superior Court of Quebec while the company restructures its business and financial affairs.

Mining News Pro - Rapaport has published a report stating that the escalation of the US-China trade war, the protests in Hong Kong, and the depreciation of the yuan, paired with dealers taking their summer vacations, greatly impacted the diamond market in August.

Mining News Pro - Sierra Leoneans living next to the country’s largest diamond mine are taking their government to West Africa’s regional court for failing to protect them from alleged environmental lapses by the company that runs it, a subsidiary of Octea Limited.

Mining News Pro - GGL Resources (TSXV: GGL) reported receiving encouraging results from a ground geophysical survey program on the Stein diamond project in Nunavut, northern Canada.

In Picture

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