Policies & IssuesDec 07, 2023
The G7’s Long-Awaited Statement on Russian Diamonds Is Here It provides a timeline for the implementation of new restrictions, but no details.
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315 results for “Mining”
SourcingNov 29, 2023
Largest New Diamond Mine of the Decade Coming Online in Angola The Luele mine is expected to eventually make the country the world’s third-largest diamond producer.
SourcingNov 21, 2023
De Beers’ Rough Diamond Sales Sink to $80M India’s voluntary moratorium on rough diamond imports coupled with a stunted recovery in China continue to impact the miner.
SourcingNov 09, 2023
Rio Tinto Appoints New Head of Diavik MineMatthew Breen will take over as chief operating officer, succeeding Angela Biggs, the first woman to lead the mine.
SourcingOct 26, 2023
De Beers Production Declines 23 Percent in Q3 The company attributed the drop to the ongoing transition at Venetia and planned maintenance at its diamond mines in Botswana.
SourcingOct 13, 2023
Iridis to Hold Rough Tourmaline Auction The mining company said the event is the first of its kind in the world.
SourcingOct 06, 2023
De Beers’ Rough Diamond Sales Dip to Pandemic LowsThe company is pulling back on sales amid oversupply in the midstream and slumping diamond jewelry demand.
SourcingOct 04, 2023
Gemfields Cancels Upcoming High-Quality Emerald AuctionLower quality and quantity drove the decision to withdraw the sale.
SourcingOct 03, 2023
2 Lucara Execs to Step Down in Wake of CEO Change Chief Financial Officer Zara Boldt and Vice President of Technical Services John Armstrong will leave the company later this year.
SourcingOct 02, 2023
De Beers, Botswana One Step Closer to Finalizing Agreement The two have signed “heads of terms” for the tentative 10-year sales agreement they reached in June.
SourcingSep 29, 2023
Lucara Severs Ties With HB Antwerp The two companies initially partnered during the pandemic and had just signed a 10-year sales agreement in November 2022.
SourcingSep 27, 2023
India Calls for 2-Month Moratorium on Rough Diamond Imports The plea comes against a backdrop of declining demand and falling prices.
SourcingSep 20, 2023
Natural Diamond Outlook: Indian Diamantaires Navigating Multiple Storms Economic slowdowns, geopolitical tensions, and the rising popularity of lab-grown diamonds are clouding the outlook for mined diamonds.
GradingSep 19, 2023
Fuli Gemstones Unveils New Peridot CutThe ‘Fuli Cut’ is based on an antique cushion.
SourcingSep 18, 2023
Greenland Ruby Update Confirms Operational Suspension, LayoffsThe company anticipates resuming exploration and mining operations and rehiring staff in 2025.
SourcingSep 11, 2023
Greenland Ruby Has Shut Down Its MineThe company said operations have been on hold since January because the mine wasn’t meeting production expectations.
SourcingAug 31, 2023
De Beers’ Rough Diamond Sales Decline Again They were down 42 percent year-over-year and 10 percent month-over-month in August.
EditorsAug 30, 2023
Kwiat’s ‘Mine to Shine’ Illuminates the Questions Consumers Might Start AskingThe retail offering, said to be the first of its kind, allows customers to follow a single rough diamond through the cutting process.
Policies & IssuesAug 28, 2023
Rio Tinto’s Diavik Donates $180K to United Way Amid Canadian WildfiresThe funds will go toward direct assistance, providing essentials like food and fuel to those impacted.
SourcingAug 23, 2023
692-Carat Diamond Recovered From Karowe Mine Lucara said it’s the 20th stone weighing more than 100 carats the mine has produced this year.
SourcingAug 22, 2023
Diamond Companies Support Employees as Canadian Wildfires RageRio Tinto, De Beers and Burgundy all have mines in the Northwest Territories, where wildfires have forced mass evacuations.
SourcingAug 17, 2023
Rio Tinto to Build Solar Plant to Help Power Diavik The facility will have bi-facial panels, which generate energy from direct sunlight as well as the reflection from the snow.
SourcingAug 15, 2023
Lucara CEO Eira Thomas Replaced by William Lamb The move comes after news surfaced that the Karowe mine’s underground expansion will take longer and cost more than expected.
SourcingAug 14, 2023
De Beers Mines First Diamonds From Venetia Underground The $2.2 billion expansion at the South African mine is expected to extend its life until at least 2046.
