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…
Diamonds
Diamonds Snapshot: Seven small diamond producers and explorers to watch
The Covid-19 pandemic has choked off revenue for diamond producers and funding for diamond juniors for much of the year. But with the diamond trade…
Commentary: Inflation concerns support diamond prices
The U.S. dollar, as measured by an index tracking it versus six major currencies including the Euro, Yen and Canadian dollar, is down almost 10%…
Sale of Dominion’s Ekati mine hits ‘impasse’
The future of the Ekati diamond mine in Canada’s Northwest Territories remains uncertain after Dominion Diamond Mines announced that a deal to sell it to…
Diamond-gold deposit in Canada mirrors South Africa’s Witwatersrand Goldfields: study
Researchers from the University of Alberta, Penn State University and the University of Padua discovered diamonds in an outcrop at an unrealized gold deposit in…
Lucapa Diamond restarts Mothae mine in Lesotho
Australia’s Lucapa Diamond (ASX: LOM) is restarting operations at its Mothae mine in Lesotho, Africa, which had been halted since late March to help curb the spread of the coronavirus. The…
Canadian ‘flawless’ diamond sets online record of US$15.7M at auction
A rare, flawless 102-carat white diamond found at the now closed Victor mine in Canada, has sold for US$15.7 million (HK$122 million), a record price…
Mountain Province resumes diamond sales in Antwerp
Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) held its first traditional diamond sale since the coronavirus pandemic began on Sept. 19 in Antwerp. And while…
Renard diamond mine to restart in challenging market
Operations at the Renard diamond mine in Quebec will restart this month, after a six-month suspension, Osisko Gold Royalties (TSX: OR) has announced. The September…
Diamond sales bounce, but still in ‘intensive care’
De Beers, the world’s largest diamond producer by value, revealed today that it made about three times as many sales of roughs in the seventh…
Petra Diamonds accused of human rights abuses in Tanzania
Struggling Petra Diamonds (LSE:PDL), which put itself up for sale in June, is facing allegations of human rights abuses by the security guards at its…
Lucara Diamond ends second quarter with $14M loss
Lucara Diamond (TSX: LUC) saw revenues fall 82% in the three months to June 30 from the same period last year after it decided to…