Policies & IssuesNov 27, 2024
G7 Announces Botswana as Second Verification ‘Node’ for Rough DiamondsBotswana joins Antwerp as a certification center for rough under the G7 ban on Russian diamonds.
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368 results for “Mining”
SourcingNov 13, 2024
Gem Legacy Adventures Announces 2025 Trip Eleven spots are available for travelers to visit Northern Tanzania and Southern Kenya from July 25 to Aug. 4.
SourcingOct 29, 2024
De Beers’ Production Drops 25% as Demand Remains SluggishThe company combined two sights in Q3 due to the slowdown in demand, and said it is moving up the dates for sights 9 and 10 in Q4.
SourcingOct 21, 2024
De Beers to List Single Country of Origin for Some of Its Diamonds It will start with rough diamonds that are larger than 1.25 carats and later expand to rough diamonds that are above 1 carat.
SourcingOct 15, 2024
Petra’s Sale of Koffiefontein Diamond Mine ApprovedThe mining company is set to hand over the South African diamond mine to an affiliate of Stargems Group by the month’s end.
SourcingOct 10, 2024
Lucara Sells Clara to Its Original FoundersCEO William Lamb said divesting the diamond sales platform allows the company to focus on the underground expansion of Karowe.
SourcingOct 08, 2024
Rio Tinto Begins New Phase of Production That Will Extend Diavik’s LifeCommercial production has begun underground at the Canadian diamond mine’s A21 pipe.
SourcingOct 08, 2024
Is Current Diamond Industry Turbulence Shaping a ‘New Normal’? Industry players have found ways to cope with market conditions while working to reshape themselves in the face of emerging realities.
SourcingSep 16, 2024
1,094-Carat Diamond Recovered in Botswana Just Weeks After Historic Find The giant gem originated from Karowe, the same mine that yielded a 2,492-carat rough diamond in late August.
Policies & IssuesSep 11, 2024
Gems Keep Giving Reorganizes, Taps Hayley Henning as Board ChairThe organization, which was started by the International Colored Gemstone Association, is now a 501(c)(3).
SourcingAug 22, 2024
2,492-Carat Diamond Recovered From Botswana Diamond MineThe giant gem came from Karowe, the same mine that yielded the 1,109-carat Lesedi La Rona and the 1,758-carat Sewelô diamond.
SourcingAug 15, 2024
Greenland Ruby Is Up For SaleUnable to pay its debts, the ruby and sapphire miner is looking to restructure and become a “competitive and attractive” company.
Policies & IssuesAug 08, 2024
‘Salmon Gold’ Surfaces Again, This Time at Mejuri The jewelry retailer has partnered with Resolve, an organization that combines re-mining with fish habitat restoration.
Policies & IssuesAug 02, 2024
Single Mine Origin Gold Now Being Distributed in the USProvidence, Rhode Island-based C&J Fine Jewelry Makers will offer the traceable gold to companies in the U.S. and Canada.
SourcingJul 31, 2024
Lucapa Sells 6 Diamonds, Including 14-Carat PinkThe parcel, totaling 447 carats, garnered $12.4 million at the diamond miner’s recent tender.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
SourcingJul 18, 2024
Grizzly Emerald Auction Garners $32.5 millionThe miner said an 835-carat emerald saw “stiff competition” in its July sale.
SourcingJul 17, 2024
Rio Tinto’s Diamond Production Down 28% in Q2The company’s sole remaining diamond operation, Diavik, produced 702,000 carats of diamonds, down from 970,000 a year ago.
SourcingJul 05, 2024
Lucara Names New VP of Mineral ResourcesLauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.
SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps DownHe’s leaving the colored gemstone miner to pursue other opportunities, the company said Friday.
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.
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.
