Gem Diamonds Unearths 122ct. Rough from Letšeng

Stone is miner’s first 100-carat-plus discovery this year.

Firestone Still Struggling Despite Strong Sales

Robust market for smaller diamonds boosted figures in second fiscal quarter.

De Beers’ Price Hike Exposes Profitability Concerns

Manufacturers are split on whether small diamonds deserved such a sharp increase.

BlueRock’s Mining Unit Enters Business Rescue

Company requests suspension of shares amid financial uncertainty.

Rio Tinto Spends $40M to Keep Diavik Going

Extra year could add 2.2 million carats of rough production.

Lucapa Digs Up 150ct. Rough from Lulo

Diamond is miner’s first over 100 carats this year and its 36th overall.

Strong Rough Prices Buoy Rio Tinto Revenue

Sales up 63% in 2022 amid solid demand and low inventory levels.

Petra Revenue Slips Amid Shortage of Special Stones

Sales dropped 20% year on year for the six months ending December 31.

De Beers Lifts Prices of Its Smallest Rough Diamonds

Stones that produce melee see second consecutive hike.

Burgundy Doubles Manufacturing Capability

Cutting and polishing facility processes diamonds from company’s Ellendale mine, as well as third-party rough.

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