Category: Mining

The new Cullinan processing plant image

Weak Market and Product Mix Dent Petra Revenue

Sales value down 24% in fourth quarter and flat for full year.
Rough diamonds image

Sales at Rio Tinto’s Diamond Unit Fall Amid Mine Closure

Revenue down 27% in first half.
346.99-ct-Lesotho-Jubilee

Gem Diamonds Sales Rise in Solid Market for Large Stones

Increase in first-half average price offsets decline in volume.
Rough and polished diamonds next to each other at De Beers’ Global Sightholder Sales offices in Gaborone, Botswana image

Anglo American Flags First-Half Loss at De Beers

Second-quarter sales down 44% by value.
Rough diamonds from the Diavik mine by Diavik Diamond Mine image

Rio Tinto Processes Diamonds from Shuttered Diavik

Company retrieves 33,000 carats in second quarter after deposit closure earlier in the year.
Workers at the Venetia underground mine in South Africa owned by De Beers image

Mining Union Condemns Potential De Beers Layoffs at Venetia

Company plans to pause production at its South African deposit for two years.
De Beers’ Global Sightholder Sales office in Gaborone, Botswana image

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

Sale likely to be finalized by the end of 2026, official says.
Rough diamond sorting at Alrosa image

Alrosa Achieves Carbon-Neutral Status for Its Operations and Diamonds

2025 marks second consecutive year the Russian miner has received the certification.
The Ekati mine by Burgundy Diamond Mines image

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.
The 1,305.4-carat diamond by Lucara Diamond Corp. image

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

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

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