Alrosa digs up Russia’s largest coloured diamond
Alrosa, the world’s top diamond miner by output, has found a 236-carat rough diamond of deep amber colour at one of its mines in Russia’s northeastern region of Yakutia. The…
Diamonds
Star Diamond reports sample results as Rio Tinto legal battle looms
Star Diamond (TSX: DIAM) has begun to receive results from Rio Tinto‘s bulk-sampling program at the Star-Orion South project in central Saskatchewan. Rio so far has processed material from four…
Top 10 Canadian-headquartered diamond companies
The Northern Miner presents the top-ten Canadian-headquartered diamond companies ranked by market capitalization as of late-June. 1. Lucara Diamond Market capitalization: US$185.6 million Lucara Diamond’s (TSX: LUC) key asset is…
Alrosa halts operations after Covid-19 outbreak
Alrosa, the world’s top diamond producer by output, has idled its International underground mine for up to two weeks, after several employees tested positive for Covid-19. The Russian miner said…
Dominion Diamond sues partner in Diavik mine
Dominion Diamond Mines is suing DDMI, its associate in the iconic Diavik mine and a subsidiary of Rio Tinto (NYSE: RIO; LSE: RIO), for alleged breach of contract and acting…
Diamonds Snapshot: Six juniors staying in the game
For companies without the size and heft of the big producers De Beers and Alrosa, the diamond space has always been a challenging one – even before the coronavirus pandemic….
Lucara’s digital sales platform poised for growth during Covid-19
Since its first sale through its Clara sales platform in late 2018, Lucara Diamond (TSX: LUC) has sold US$12.1 million worth of diamonds using the digital technology. The sales platform…
India-based diamond processing hub re-opens at lower volumes
After being closed for almost two months due to the coronavirus pandemic, the diamond manufacturing hub of Surat, India, where most of the world’s rough diamonds are cut and polished,…
Star Diamond and Rio Tinto clash over project ownership
In spite of a legal dispute between partners Star Diamond (TSX: DIAM) and Rio Tinto (NYSE: RIO; LSE: RIO) at the Star-Orion South diamond project in north-central Saskatchewan, the project…
EHR Resources launches diamond ‘incubator’
With a new strategy focused on diamonds that officially launched in March, just as the coronavirus pandemic began to spread across the globe, you might think that EHR Resources (ASX:…
Mountain Province arranges $50M alternative diamond sale
With the diamond trade still largely shut down due to the coronavirus pandemic, Mountain Province Diamonds (TSX: MPVD; US-OTC: MPVD) has found a way to bring in much-needed revenue with…
Dominion Diamond unveils plan to avoid bankruptcy
Canada’s Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually…