Category: Mining

Rio Tinto Output Surges as New Portion of Mine Moves Underground 

Production also ramped up after area reopened from sinkage-related closure.

International Investor Buys Up Star Diamond Stock 

Shareholder may also provide funding for miner to move forward with Fort à la Corne diamond project.

Zambia Reinstates 15% Export Duty on Emeralds Without Warning  

Gemfields has appealed the decision, citing negative impact on sector sustainability.

Alrosa’s Deputy CEO Exits Company 

Vladimir Marchenko, who joined in 2017 as vice president, will move to another business in the industry.

Security Forces Kill Two Insurgents at Gemfields Ruby-Mining Village 

Company relocates workers, halts operations at Montepuez deposit.

Making a Big Bang: The Largest Rough-Diamond Finds of 2024 

Ranging from 203 carats to a massive 2,488 carats, Lucara, Gem Diamonds and Alrosa stones all reached the top 10.

Gemfields Fears for Safety of Ruby Workers Amid Political Unrest 

Miner may have to close Mozambican site temporarily after nearby areas come under attack.

Tiffany Writes Down Diamcor Loan as Market Weakness Prevails 

Miner now owes jeweler $2.4 million instead of $4.7 million.

Lucapa to Up Stake in Angola’s Lulo Diamond Mine 

Company share to grow to 51% from previous 39%.

Gemfields to Halt Some Operations, Sell Businesses Amid Market Woes 

Company considers offloading Fabergé, will shut emerald mine for at least six months.

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