The suspension of operations at the Point Lake site will see several hundred employees and contractors laid off.

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...

Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a company ...

It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

Botswana is seeking to take a controlling stake in De Beers as Anglo American prepares to divest from the diamond giant, the Financial Times reported on Wednesday, citing the country's mining minister ...

Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the ...

As synthetic diamonds flood global markets, De Beers CEO Al Cook warns of a "huge con" threatening the century-old legacy of mined stones. Facing plunging prices, industry upheaval and consumer shifts ...

Institutions must negotiate fair and transparent mining contracts with multinationals and uplift nations to escape the ...

Paris drew plenty of debuts as jewelers address clients' desire for jewels that will work overtime, while pink, petals and ...

(IDEX Online) - Canadian miner Mountain Province has been forced to correct the average per carat price published in its Q2 ...

Rabah Arezki & Rick van der Ploeg consider how resource-rich countries can defend their interests amid rising demand for ...