Global Mining Symposium: Manitoba’s vast under-explored mineral wealth has much to offer, panel says
Manitoba has ranked in the top 20 of the Fraser Institute’s annual list of the most attractive mining jurisdictions for 21 of the last 23…
Diamonds
Pent-up weddings and stimulus could mean ‘generational consumer boom’ for diamonds
Global diamond production in 2020 fell by more than 20% to about 113 million carats due to planned production declines by the major producers and…
Botswana extends Lucara’s licence for Karowe to 2046
Lucara Diamond (TSX: LUC) said Botswana has renewed the company’s mining licence for its Karowe mine for another 25 years, paving the way to fully move…
Lucapa kicks off 2021 with 113-carat diamond find at Lulo
It’s the seventeenth rock over 100 carats found at the Angolan mine.
Over 3,000 diamonds recovered from Star-Orion South project in Saskatchewan
Star Diamond (TSX: DIAM) has recovered 3,534 diamonds weighing 210.68 carats from its ninth bulk sample trench excavated on the Star kimberlite at the Star-Orion…
Petra Diamonds posts 36% fall in revenue
Petra Diamonds (LSE: PDL) has reported a 36% fall in revenue and a net loss of £168.7 million (US$223 million) for the year ended June…
Alrosa pink diamond sets record price at auction
An extremely rare, purple-pink diamond mined and polished by Russia’s Alrosa (MCX: ALRS) has set a record price for a gem of that colour sold…
Mountain Province sees ‘positive momentum’ in battered diamond market
Since resuming regular diamond tenders in September, Mountain Province Diamonds (TSX: MPVD) has seen prices for its goods start to rise. In fact, the diamond…
Angola plans new diamond exchange in 2021
The government of Angola says it has identified key steps that it needs to take before launching its own diamond exchange in Luanda, which is…
Rio Tinto closes Argyle diamond mine after 37 years
Pink diamonds, already rare, are about to get scarcer as Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has closed its iconic Argyle diamond mine,…
Petra Diamonds shares fall on cancelled company sale
Shares in Petra Diamonds (LSE: PDL) nosedived after it said it had abandoned plans to sell the company or parts of its business, opting instead…
Diamond market shows signs of revival
After being virtually shut down since March, the diamond market has slowly come back to life. This fall, De Beers, the world’s largest diamond producer…