SourcingMay 22, 2023
De Beers Consolidates Auctions as Diamond Sales Lose Steam The company confirmed it will be combining the auctions for the fifth and sixth sales cycles into one.
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274 results for “Mining”
SourcingMay 17, 2023
Alrosa Names New CEOSergey Ivanov Jr., who is under U.S. sanction, is out, replaced by Almazy Anabara CEO Pavel Marinychev.
SourcingApr 26, 2023
De Beers’ Diamond Production Flat in Q1De Beers said the main reason production leveled off in the first quarter is Venetia, which is transitioning to an underground operation.
SourcingApr 25, 2023
Gem Legacy Adventures Announces 2024 Dates for East Africa TripRegistration is open now to join the for-profit arm of Gem Legacy on its third trip to Tanzania and Kenya.
SourcingApr 24, 2023
Lesotho Mine Yields 108-Carat Pink DiamondAwaiting a name, the rare gem is one of the largest pink diamonds ever recovered.
SourcingApr 13, 2023
Recovering Demand in China Boosts De Beers’ SalesThe company’s third-cycle sales totaled $540 million, down only slightly from the same period in a strong 2022.
SourcingApr 04, 2023
Botswana Government Takes Stake in HB Antwerp The news came as the diamond manufacturer officially opened a new factory in Gaborone, its first outside Antwerp.
SourcingMar 23, 2023
Burgundy Diamond Backing Out of Ellendale Mine Deal Burgundy has opted not to exercise its option to buy the mining claims Gibb River Diamonds currently owns.
SourcingMar 15, 2023
Canada’s Ekati Diamond Mine to Get a New OwnerAustralian mining company Burgundy Diamond Mines announced plans to buy the mine in a deal valued at $136 million.
Events & AwardsMar 10, 2023
GIA’s Mercury-Free Mining Library Exhibit Wins AwardThe exhibit received the Betty Clayton Gibson Memorial Trophy for “Best Museum Exhibit for 2023.”
SourcingMar 09, 2023
De Beers’ 2023 Sales Off to a Slower StartNew CEO Al Cook said the economic uncertainty that lingered in late 2022 caused sightholders to put off buying until later in 2023.
SourcingMar 02, 2023
Rio Tinto Making $40M Investment in Diavik Diamond MineThe company is going underground at the A21 open pit, a move that will help extend the mine’s life into early 2026.
Policies & IssuesFeb 28, 2023
Tighter Sanctions on Russian Diamonds Are Likely Coming, JVC Warns New regulations could block the pathway that allows diamonds cut and polished outside of Russia to enter the United States.
EditorsFeb 15, 2023
4 Predictions for the Diamond Market in 2023 and BeyondExperts and Editor-in-Chief Michelle Graff share views on natural diamond prices, lab-grown supply, and diamond jewelry sales in 2023.
SourcingFeb 06, 2023
De Beers’ Production Up 7% in 2022 The increase reflects continued demand for diamond jewelry and for “provenance-assured” goods.
MajorsFeb 06, 2023
10 Jewelry News Stories You Might Have MissedA radioactive capsule is lost and found, Lowe’s gets into the jewelry game, 10 pieces of amethyst jewelry for February, and more.
Policies & IssuesFeb 02, 2023
Tiny Radioactive Capsule Lost in Australian Outback FoundA government official said search crews “found the needle in the haystack” when they located the capsule belonging to Rio Tinto along an 870-mile stretch of road.
Policies & IssuesJan 31, 2023
Rio Tinto Issues Apology After Radioactive Capsule Goes Missing The tiny capsule, which is believed to have fallen out of a truck, was lost somewhere along an 870-mile stretch of desert road.
SourcingJan 24, 2023
Tiffany Buys 35 of the Last Diamonds Recovered From Argyle Purchased directly from Rio Tinto, the collection consists of pinks, purples and one red, none larger than 1.52 carats.
Policies & IssuesJan 10, 2023
Rio Tinto Donates $2M to Kimberley Flood Relief“Once-in-a-century” floods have devastated the region, once home to the Argyle mine.
SourcingJan 03, 2023
What You Should Know About the Company Mining in Yogo AgainYogo Mine in Montana, which produces the popular Yogo sapphires, was dormant for nearly four decades.
SourcingJan 03, 2023
De Beers’ Rough Diamond Sales Near $6B for the Year Strong jewelry sales and manufacturers’ desire to secure supply with known provenance pushed rough sales to their highest level since 2018.
SourcingDec 02, 2022
Alrosa CEO Sergey Ivanov to Step Down, Report SaysAccording to Russian news sources, the sanctioned head of the diamond company is leaving to take a job with an investment group.
SourcingDec 02, 2022
Lucapa Sells 170-Carat Pink Diamond Unearthed This SummerSaid to be the largest pink diamond found in hundreds of years, “The Lulo Rose” was sold for an undisclosed sum.
SourcingNov 30, 2022
Firestone Restarts Operations of Lesotho Diamond MineLiqhobong has been in a care-and-maintenance period since the start of the pandemic.
