The owner of the Ekati mine, which opened in 1998, has filed for insolvency protection amid the significant decline in diamond prices.
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De Beers’ diamond production was up 17 percent in Q1, boosted by increased output at its mines in South Africa and Canada.

The big diamond’s sale added to the company’s revenue though the market remains “challenging” overall, particularly for smaller goods.

Both its mines faced challenges last year, from operational issues to disruptions in the market.

Production has ceased at the Canadian diamond mine, which has yielded more than 150 million carats of rough diamonds in its 23-year run.

The “stunning” Type IIb stone was found via x-ray technology at its Karowe mine in Botswana.

The 10,000-square-foot diamond manufacturing facility officially opened in late February and employs 50 people.

Experts from India weigh in the politics, policies, and market dynamics for diamantaires to monitor in 2026 and beyond.

Owners of the Ekapa Mine reportedly filed for liquidation about a week after a mudslide trapped five workers who have yet to be found.

Namibia has formally signed the Luanda Accord, while two key industry organizations pledged to join the Natural Diamond Council.

It would be the third impairment charge in three years on De Beers Group, which continues to grapple with a “challenging” diamond market.

Endiama and Sodiam will contribute money to the marketing of natural diamonds as new members of the Natural Diamond Council.

Petra Diamonds unearthed the 41.82-carat, Type IIb blue diamond at the Cullinan Mine.

It marks the third time the country has headed the Kimberley Process. Ghana will serve as vice chair.

Vivek Gadodia and Juan Kemp, who’ve been serving as interim co-CEOs since February, will continue to lead the diamond mining company.

Called “Origin by De Beers Group,” the loose, polished diamonds are being sold in a total of 30 stores in the United States and Canada.

Mark Wall, president and CEO of Canadian mining company Mountain Province Diamonds, will vacate his position next month.

De Beers also announced more changes in its upper ranks ahead of parent company Anglo American’s pending sale of the company.

The struggling diamond mining company, which owns the historic Cullinan mine, has launched a rights issue to raise about $25 million.

The retailer’s new collection of engagement rings and fashion jewelry is set with natural diamonds that are traceable via blockchain.

They were attacked on Oct. 15, as approximately 40 miners without licenses marched on the mine’s gate.

The UK-based brand sourced the gemstones, which are fully traceable, from an artisanal mining community in Tanzania.

The rough on offer was recovered from a newer area at the Montepuez mine.

Its latest interim financials revealed a challenging first half due in part to production troubles at its mines.

Botswana’s president said his country wants a controlling share, while Angola envisions multiple countries holding minority stakes.

















