Category: Mining

Rio Tinto to Hold Tender of 76 Fancy-Colored Diamonds

Seven pink and red Argyle stones ranging from 0.60 to 2.63 carats headline collection.

Ekati Owner Asks Canada Govt. for Help in Challenging Market

Without aid, Burgundy Diamond Mines will be forced to reconsider deposit, it says.

Petra Forecasts Market Stabilization Amid Supply ‘Discipline’

Miner’s sales up 13% year on year in 12 months ending June 30.

Rio Tinto Offers Diavik Mine Employees ‘Voluntary Separation’

Move is an effort to manage costs in challenging market in lead-up to deposit’s closure.

Flagging Demand, China Downturn Hit Gemfields Emerald Auction  

Competition from another producer’s sale also affected revenue.

Ekati Owner Expects Mine to Continue Past Current End-of-Life Date

Development at Misery region likely to last “much longer than previously expected,” according to Burgundy Diamond Mines.

Podcast: The Giant Diamond

Lucara CEO William Lamb reacts to the company’s biggest discovery yet.

Gem Diamonds Lifts Full-Year Guidance Amid Increase in Large Stones

Miner recovered eight rough specimens over 100 carats in first half, compared to two during the same period a year ago.

2,492ct. Diamond May Be Better Off Uncut, Says Lucara CEO

Miner assesses options for selling world’s second-largest rough.

Sierra Leone’s Meya Mine Yields 391ct. Rough 

Diamond was originally part of 515-carat stone that broke into three pieces.

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