De Beers makes diamond buyers cough up cash with fresh price rise

Mining News Pro - De Beers has implemented its biggest price increase for diamonds in years as the industry consolidates its recovery from the first pandemic-induced shutdowns.

Flawed diamonds may be the key to quantum internet

Mining News Pro - New research by a team at Japan’s Yokohama National University found that flaws in diamonds —atomic defects where carbon is replaced by nitrogen or another element— may offer a close-to-perfect interface for quantum computing, a proposed communications exchange that promises to be faster and more secure than current methods.

Botswana’s Debswana diamond sales jump 73% in first nine months of 2021

Mining News Pro - Sales of rough diamonds by Debswana Diamond Company jumped 73% in the first nine months of 2021, statistics released by the Bank of Botswana showed on Tuesday, driven by the reopening of U.S. and China’s consumer markets.

Rio Tinto now the sole owner of Diavik diamond mine

Mining News Pro - Rio Tinto became on Thursday the sole owner of the iconic Diavik diamond mine in Canada’s Northwest Territories after buying the 40% share held by Dominion Diamond Mines, despite previously saying it had no plans to take full control of the aging Arctic mine.

Gemfields finds largest emerald ever at Zambia mine

Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.

Gemfields finds largest emerald ever at Zambia mine

Mining News Pro - Africa-focused Gemfields has found the largest emerald ever mined at its Kagem mine in Zambia — a 7,525-carat (1,505g) gemstone named Chipembele, which means “rhino” in the local dialect of Bemba.

Lab-grown diamonds are latest victims of China’s power crisis

Mining News Pro - The lab-grown diamond industry is the latest sector to feel the effects of China’s energy crisis — and if the situation gets worse, consumers may find that special Christmas gift is suddenly a lot more expensive.

Gem lowers full-year production guidance

Mining News Pro - Gem Diamonds, which operates the Letšeng mine, in Lesotho, has lowered its production guidance for the full-year to December 31 to between 110 000 ct and 114 000 ct, compared with the previously guided 123 000 ct to 127 000 ct.

Burgundy reaps rewards of fancy diamond niche

Mining News Pro - Burgundy Diamond Mines has received its first parcel of rough fancy colour diamonds at the Ellendale cutting and polishing facility in Perth, after their purchase in September.

Family who exited De Beers for $5 billion taps Asia’s rich

Mining News Pro - The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy.

Namdeb to extend land-based operations' mine life to 2042

Mining News Pro - Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, has approved a new long-term business plan that will extend the current life-of-mine (LoM) of its land-based operations as far as 2042.

De Beers to extend life of Namibia mines to 2042

Mining News Pro - Namdeb, a joint venture between the Namibian government and diamond giant De Beers, announced on Thursday the approval of new long-term business plan that will allow it to extend its land-based mines’ life by 20 years to 2042.

Botswana Diamonds acquires control of Thorny River

Mining News Pro - Botswana Diamonds has exercised its pre-emptive right to acquire the outstanding third-party interests in Vutomi Mining and Razorbill Properties 12, giving it control of the Thorny River project in South Africa.

Petra Diamonds mulls selling Williamson mine

Mining News Pro - South Africa’s Petra Diamonds (LON: PDL) is considering selling its Williamson mine in Tanzania, even as it continues to work on bringing the operation back online in the second half of 2021.

De Beers seventh sales cycle revenue amounts to $515m

Mining News Pro - Diamond miner De Beers sold an estimated $515-million of rough diamonds during its seventh sales cycle of the year.

Burgundy buy to produce Fancy diamonds from the rough

Mining News Pro - Burgundy Diamond Mines has made its first purchase of third-party rough diamonds to be sent to its purpose-built cut and polish facility in Perth, Western Australia.

Swick to test first fully electric diamond drill in WA

Mining News Pro - Drilling contractor Swick Mining Services will test the first prototype of its Gen3 E-Rig at a Western Australian client’s site in October this year.

Petra partly sells two big diamonds to local beneficiator

Mining News Pro - London-listed Petra Diamonds has sold its recently recovered 342.92 ct Type IIa white diamond and an 18.30 ct Type IIb blue diamond into a partnership with Stargems.

Shine appointed to Anglo Pacific board

Mining News Pro - Anglo Pacific Group has appointed Varda Shine, former CEO of De Beers Trading Company, as an independent nonexecutive director.

Angola mine leak causes 'unprecedented' pollution in Congo rivers, researchers say

Mining News Pro - Asuspected leak of heavy metals from a mine in northern Angola is causing an "unprecedented environmental catastrophe", affecting some two-million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday.

Mother nature recycles trash to create diamonds

Mining News Pro - New research from Curtin University has provided a model that explains the formation and locations of all three major types of diamonds, which could impact the way the gems are mined.

Diamcor sells $744k worth of rough diamonds in July

Mining News Pro - Diamcor Mining sold 2 989 ct of rough diamonds in July, marking a good start to its financial year.

Diamond sales at De Beers' Botswana unit rebound as global market recovers

Mining News Pro - De Beers' Botswana unit saw sales of rough diamonds rebound by 41% in the first half of 2021, driven by the reopening of key markets the United States and China, data from the Bank of Botswana showed on Thursday.

Lucara recovers 393 ct diamond at Karowe

Mining News Pro - Lucara Diamond Corporation has recovered a 393.5 ct top white Type IIa gem-quality diamond from its 100%-owned Karowe diamond mine in Botswana.

De Beers records strong sixth-cycle sales

Mining News Pro - Diamond miner De Beers Group sold about $510-million of rough diamonds in its sixth sales cycle of the year.

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