De Beers has reportedly built up its largest stockpile of diamonds since the 2008 financial crisis, with an inventory valued now at roughly US$2 billion, according to the Financial Times….
Petra’s sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year.
Africa-focused miner Gem Diamonds (LSE: GEMD) announced on Tuesday a revised life-of-mine plan for its prolific Letšeng operation in Lesotho, alongside a two-year extension to the company’s revolving credit facilities. …
Botswana Diamonds (LSE: BOD) said on Friday that South Africa’s Department of Mineral Resources and Energy had approved the environmental authorization for one of its two mining permit applications tied…
This will be my last editorial for The Northern Miner after 19 years here, and with its sister publications. In December, I’m off to start another adventure outside of mining. …
The diamond industry, once a symbol of timeless stability, finds itself in a state of flux as prices for natural diamonds hit multiyear lows, driven by a mix of evolving…
Mountain Province Diamonds (TSX: MPVD) says its third-quarter earnings fell and mine operations swung into a loss as costs rose and grades dropped at the Gahcho Kué joint venture with Anglo…
Anglo American (LSE: AAL) has agreed to sell its minority stake in an Australian coal mining joint venture for A$1.6 billion ($1.5 billion), marking a significant step in its strategy…
BHP’s (ASX: BHP) leadership gave its clearest indication yet that it won’t make another bid for smaller rival Anglo American (LSE: AAL), but later walked back some comments about “moving…
Lucapa Diamond (ASX: LOM) and Petra Diamonds (LSE: PDL) provided a glimmer of hope for the precious gemstones market on Tuesday by posting stronger revenues and production figures, signalling a…
Over the past decade, resource misclassification has saddled the mining industry with a costly problem. It’s one Guy Desharnais, Osisko Gold Royalties’ (TSX: OR; NYSE: OR) vice-president for project evaluation,…
De Beers Group and Signet Jewelers are putting a modern twist on tradition with their new campaign, “Worth the Wait,” aimed at reigniting demand for mined diamonds amid increasing competition…
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