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 the new operator of the WO Joint Venture, Arctic Blue will manage the diamond marketing rights for the project.

Arctic Blue Diamonds Ltd. ("Arctic Blue"), a private NWT diamond company, today announced the acquisition of an 89.7 percent interest in the WO ...

De Beers chief executive Al Cook wants to save a generation of lovers and newlyweds from what he calls a “huge con” when it comes to buying diamonds.In the process, he hopes to rescue his iconic brand ...

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 ...

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPVD) (OTC: MPVD) today announces a correction to its ...

The Company will host its quarterly conference call on Wednesday August 13 th, 2025 at 11:00am ET. Prior to the conference call, the Company will release Q2 2025 financial results on August 12 th, ...