Category: Mining

Gem Diamonds Sales Rise in Solid Market for Large Stones

Increase in first-half average price offsets decline in volume.

Anglo American Flags First-Half Loss at De Beers

Second-quarter sales down 44% by value.

Rio Tinto Processes Diamonds from Shuttered Diavik

Company retrieves 33,000 carats in second quarter after deposit closure earlier in the year.

Mining Union Condemns Potential De Beers Layoffs at Venetia

Company plans to pause production at its South African deposit for two years.

Anglo Picks Gareth Penny-Led Consortium as Top De Beers Bidder – Reports

Sale likely to be finalized by the end of 2026, official says.

Alrosa Achieves Carbon-Neutral Status for Its Operations and Diamonds

2025 marks second consecutive year the Russian miner has received the certification.

Ekati Deposit to Close as Buyers Fail to Step Up

Owner Burgundy Diamond Mines will run out of money by July 17, according to legal filings.

Lucara Digs Up Massive 1,305ct. Rough from Karowe

Stone is miner’s 10th over 1,000 carats.

De Beers to Suspend Production at Venetia Mine

Move reflects market shift to higher-value diamonds.

Ore Grade, Output and Insurgency Challenges Impact Gemfields

Illegal mining and rebel activity are among factors affecting quality mix and cash flow, company says.

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