Category: Mining

Anglo American Slashes De Beers’ Value by Nearly Half

Move reflects more negative outlook for natural diamonds.

Rio Tinto Diamond Unit Remains in Red

Revenue for full year up 19% to $332 million.

Meya Mining Secures $25M Loan to Advance Diamond Deposit

Ecobank injection will create over 400 jobs at Sierra Leone site.

Mountain Province Anxious over Finances Amid Market Weakness

Company currently owes joint-venture partner De Beers $36 million.

Anglo American Mulls Third Cut to De Beers Value

Miner slashes production guidance for full year to match demand.

Gem Diamonds Full-Year Revenue Dips

Sales down 36% to $97.7 million in 2025.

Burgundy Revenue Slides Amid Continued Market Challenges

Rough sales down 38% year on year in fourth quarter.

Lucara Ups Equity Raise to Complete Underground Project

Miner increases private placement of common shares to 1.03 billion due to robust investment demand.

Petra Unearths 42ct. Blue Diamond from Cullinan Mine

Stone is first of such color and magnitude found at the deposit in past five years.

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