SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.
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372 results for “Mining”
SourcingJun 26, 2024
Lucapa Sells Stake in Mothae MineThe Australian miner has signed over its 70 percent share in the diamond deposit to Lesotho company Lephema Executive Transport.
SourcingJun 24, 2024
Gemfields' June Ruby Auction Fetches Nearly $69MThe sale marks the miner’s 10th anniversary of its first auction of rubies from the Montepuez Ruby Mine in Mozambique.
EditorsJun 17, 2024
Q&A: Al Cook on the Future of De BeersThe De Beers CEO discussed the Anglo American situation, natural diamond marketing, and why the future of lab-grown diamonds is technology.
SourcingJun 12, 2024
Bruce Cleaver Is Gemfields’ New ChairThe former De Beers CEO will step into the role next month.
SourcingJun 10, 2024
State of the Diamond Industry: Botswana Beyond DiamondsFrom moringa to ecotourism in the Okavango Delta, the country and its leaders are exploring how Botswana can diversify its economy.
SourcingJun 04, 2024
Gemfields’ High-Quality Emerald Auction Earns $35MIts May sale of gemstones from the Kagem mine in Zambia was strong despite a softening market.
SourcingMay 24, 2024
De Beers’ Sales Slide in Fourth Round of Sales This Year The company sold $380 million in rough diamonds, compared with $479 million in the same period last year.
SourcingMay 20, 2024
Anglo American Confirms It Is Looking to Sell De Beers The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
SourcingMay 16, 2024
Lucapa to Shed Stake in Lesotho Diamond Mine The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to BotswanaSales will be paused while the relocation takes place over the next few months.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
SourcingApr 23, 2024
Lucapa Sells 3 Diamonds for $10.5M in First Lulo Tender of 2024A 203-carat diamond from the alluvial mine in Angola achieved the highest price.
EditorsApr 22, 2024
The 22 Best Quotes from AGS Conclave 2024 Editor-in-Chief Michelle Graff shares the standout moments from the education sessions she attended in Austin last week.
SourcingApr 18, 2024
Diamond Trade Remains Cautious Amid Economic UncertaintyDe Beers’ rough diamond sales were down 18 percent year-over-year in its latest round of sales.
SourcingApr 09, 2024
Former De Beers Exec Appointed to Lucapa Board Stuart Brown, who was De Beers’ CFO and interim CEO, is now Lucapa’s independent non-executive chairman.
SourcingApr 03, 2024
NDC Adds Sales Roleplay Videos to Education Platform The Natural Diamond Council also has added its first non-mining member, the Okavango Diamond Company.
Policies & IssuesMar 27, 2024
Mercury Free Mining Hires Bernadette MackThe former WJA executive director is MFM’s new managing director.
SourcingMar 21, 2024
Grizzly Sells 4,145-Carat Emerald for Over $1MThe miner’s March auction generated $19 million.
SourcingMar 19, 2024
Fuli Gemstones Debuts ‘Aura Cut’The miner unveiled its newest peridot cut at the recent Hong Kong show.
SourcingMar 14, 2024
De Beers Says Retailers Are ‘Restocking Conservatively’The company’s rough sales improved for the third sales cycle in a row.
SourcingFeb 22, 2024
Lucara, HB Group Partnership Revived It is another 10-year sales agreement in which all the larger rough recovered from the Karowe mine will go to HB Group for manufacturing.
SourcingFeb 15, 2024
De Beers’ Production Down 8% in 2023The company recovered 31.9 million carats of diamonds in 2023, compared with 34.6 million in 2022.
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