News

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...
The suspension of operations at the Point Lake site will see several hundred employees and contractors laid off.
As consumers have grown less worried about whether their diamonds are mined or made, many have turned to cost-friendly lab ...
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 ...
Botswana's government wants to take a controlling stake in De Beers, the country's mining minister said, casting another ...
Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the ...
Arctic Blue Diamonds Ltd. ("Arctic Blue"), a private NWT diamond company, today announced the acquisition of an 89.7 percent interest in the WO ...
Arctic Blue Diamonds has acquired an 89.7% interest in the WO Diamond Project, which includes the high-grade DO27 kimberlite.
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 ...
A 72.1 percent interest was acquired from Peregrine Diamonds Ltd., a subsidiary of De Beers Canada Inc., and ... Mine and 53km from the Ekati Diamond Mine. DO27 is one of the largest diamond-bearing ...