Diamond Top Stories

Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho

The diamond, recovered on August 23rd, is the 10th greater than 100 carat stone the company has recovered so far in 2024.

Staff Writer | August 28, 2024 | 11:29 am

De Beers partners with Tanishq to promote natural diamonds in India

India has surpassed China to become the world's second-largest diamond…

Reuters | August 28, 2024 | 7:11 am

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Labor dispute at Canada's two biggest rail networks will affect…

Reuters | August 22, 2024 | 9:10 am

Gahcho Kué diamond mine life extended to 2031

On a 100% basis, the Gahcho Kué mine is expected…

Marilyn Scales - Canadian Mining Journal | August 22, 2024 | 8:26 am

Lucara finds world’s 2nd largest diamond ever mined

The “epic” diamond, as Lucara put it, was detected thanks…

Cecilia Jamasmie | August 22, 2024 | 4:03 am

Rio Tinto completes largest off-grid solar plant build in Canada’s North

The solar project complements a wind power plant at Diavik, which has been operating since 2012.

Staff Writer | July 2, 2024 | 1:27 pm

Russian diamond producer Alrosa buys big gold deposit from Polyus

For the world's biggest diamond producer, the move marks a deeper push into gold.

Reuters | July 1, 2024 | 9:54 am

Botswana GDP shrinks most since 2020 as diamond output plunges

Real value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.

Bloomberg News | June 28, 2024 | 9:35 am

Petra Diamonds cuts targets and costs in tough market

Petra plans to cut operating costs by $30 million a year from the fiscal year ending June 30, 2025, while reducing spending to $100 million.

Cecilia Jamasmie | June 27, 2024 | 3:49 am

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

The milestone represents 61% of the total C$3.2 billion spent on the project since 2015 when construction began.

Marilyn Scales - Canadian Mining Journal | June 26, 2024 | 11:11 am

De Beers sales drop to $315m amid search for new owner

Provisional figure is less than the $383 million fetched in the previous sales cycle and the $456 million sold at this time last year.

Cecilia Jamasmie | June 26, 2024 | 3:50 am

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Gem Diamonds unearths 129-carat stone at Letšeng mine in Lesotho

De Beers partners with Tanishq to promote natural diamonds in India

Rio Tinto, Teck take steps to minimize Canada rail shutdown impact

Gahcho Kué diamond mine life extended to 2031

Lucara finds world’s 2nd largest diamond ever mined

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Rio Tinto completes largest off-grid solar plant build in Canada’s North

Russian diamond producer Alrosa buys big gold deposit from Polyus

Botswana GDP shrinks most since 2020 as diamond output plunges

Petra Diamonds cuts targets and costs in tough market

Gahcho Kué diamond mine surpasses spend threshold with NWT and Indigenous businesses

De Beers sales drop to $315m amid search for new owner

De Beers Canada JV partner says diamond miner in no rush to sell

Gemfields fetches almost $69 million at ruby auction

Debswana reports fatality at its Jwaneng mine