Karelian says Finland asset likely to hold more coloured diamonds
Irish explorer Karelian Diamond Resources (AIM: KDR) said on Tuesday its search for precious stones in Finland has taken a significant step forward after finding signs of diamond bearing kimberlite in the same area where it previously unearthed a rare, pale green diamond.
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Visit: 40
Gem Diamonds and Lucara find first big stones of 2024
Africa-focused miners Gem Diamonds (LON: GEMD) and Lucara Diamond (TSX: LUC) have recovered big, high-quality Type IIa diamonds at their respective operations.
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Visit: 105
India urges G7 to delay ban on Russian diamonds as rules lack clarity
Mining News Pro - India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said.
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Visit: 110
De Beers ends lab-grown engagement diamonds foray as prices drop
Mining News Pro - De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives continue to cannibalize demand in one of the company’s most important markets.
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Visit: 141
De Beers $2.3bn Venetia mine expansion yields first diamonds
Mining News Pro - De Beers, the world’s largest diamond producer by value, announced on Tuesday it has recovered the first diamonds from its new $2.3 billion underground operations at Venetia mine in South Africa.
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Visit: 145
De Beers agrees to give Botswana more rough diamonds in new sales pact
Mining News Pro - Botswana and De Beers Group have agreed to a new diamond sales deal in which the African country, the world’s No. 1 diamond producer by value, gradually increases the share of rough stones it gets from their joint venture Debswana over the next decade to 50%, the government and the mining company said on Saturday.
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Visit: 206
Botswana president insists on bigger share of diamonds from De Beers venture
Mining News Pro - Botswana will not back down on demands for a bigger share of rough diamonds from its joint venture with De Beers, President Mokgweetsi Masisi said on Thursday, upping the stakes as talks for a new sales deal appear to be stalling.
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Visit: 229
G-7 to chase Russia’s diamonds while stopping short of total ban
Mining News Pro - Group of Seven countries agreed to work together to track Russian diamonds, but stopped short of slapping Moscow with an outright ban on the lucrative gem trade.
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Visit: 231
South Africans call for UK to return diamonds set in crown jewels
Mining News Pro - Some South Africans are calling for Britain to return the world’s largest diamond, known as the Star of Africa, which is set in the royal sceptre that King Charles III will hold at his coronation on Saturday.
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Visit: 172
Petra Diamonds halts Williamson mine in Tanzania after dam breach
Mining News Pro - The company, which also operates three mines in South Africa, said the eastern wall of Williamson’s tailing dam was “breached”, but said in an email that the pit was not affected.
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Visit: 495
Petra Diamonds to pay dividends after three-year turnaround
Mining News Pro - Petra Diamonds said on Tuesday it would resume paying a dividend and launch a $150 million debt-cutting plan after stronger prices fuelled by sanctions on Russia’s Alrosa, the world’s top diamond miner by output, boosted its full-year profit.
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Visit: 640
Russian diamonds are quietly flowing again after sanctions chaos
Mining News Pro - The panic that gripped the diamond world this year is starting to unwind as sanctioned Russian mining giant Alrosa PJSC has quietly revived exports to near pre-war levels.
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Visit: 657
The Australian diamonds that no one can see
Mining News Pro - Researchers working at the Clarke River Fault, west of Paluma in north Queensland, found the first metamorphic diamonds in rocks in Australia.
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Visit: 756
Pangolin Diamonds to buy Amulet’s assets in Botswana
Mining News Pro - Canada’s Pangolin Diamonds (TSX-V: PAN) has unveiled an agreement with Amulet Diamond Corp to buy all issued and outstanding shares of the company’s subsidiary in Botswana for a nominal figure.
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Visit: 423
Fifty-thousand-year-old diamonds may be used to design ultra-hard yet malleable electronics
Mining News Pro - An international team of scientists discovered that diamonds formed during a high-energy shock wave from an asteroid collision around 50,000 years ago have unique and exceptional properties, caused by short-term high temperatures and extreme pressure.
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Visit: 751
China backs Russia in opposing bid to redefine conflict diamonds
Mining News Pro - China has joined Russia in opposing an effort to redefine conflict diamonds to include those sold by individual nations, as a rift between Western and pro-Russia nations jeopardizes the process for certifying rough diamonds as conflict-free.
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Visit: 840
De Beers rises small diamonds price amid shortage
Mining News Pro - De Beers, the world’s top diamond producer by value, has once again increased the price of its smaller stones as sanctions on Alrosa (MCX: ALRS), its Russian rival, have worsened a global shortage caused by two years of covid-related shutdowns.
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Visit: 913
Star Diamond confirms Type IIa high value diamonds at Orion North
Mining News Pro - Star Diamond has completed a study into the abundance of Type IIa diamonds in parcels recovered from the Early Joli Fou (EJF) geological units at the Orion North (K120, K147 and K148) and Taurus kimberlites (K118, K122 and K150).
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Visit: 975
Russia says it may buy diamonds from sanctions-hit Alrosa
Mining News Pro - Russia may buy an as yet undetermined amount of rough diamonds from sanctions-hit producer Alrosa through its state precious metals and gems repository Gokhran, the country’s Finance Minister Anton Siluanov said on Wednesday.
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Visit: 802
De Beers back to search for diamonds in Angola
Mining News Pro - De Beers, the world’s largest diamond miner by value, has inked two mineral investment deals with the Angolan government granting the company exploration rights for 35 years in the country’s northeast.
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Visit: 813
De Beers reassures market its diamonds do not come from Russia
Mining News Pro - Diamond major De Beers is encouraging retailers to “buy with confidence” by engaging with their suppliers to understand the origin of their diamonds, following an executive order by US President Joe Biden banning the importation of Russia-sourced diamonds into the US.
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Visit: 734
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.
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Visit: 765
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.
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Visit: 883
Rio Tinto sells last Argyle diamonds at record highs
Mining News Pro - Rio Tinto’s last pink, red, blue and violet diamonds from its iconic Argyle mine, in the remote east Kimberley region of Western Australia, smashed records on Thursday.
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Visit: 463
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.
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Visit: 666