Diamond market ‘still missing a spark:’ Zimnisky
After two difficult years marked by falling prices, where does global demand for diamonds go from here? Independent diamond analyst and consultant Paul Zimnisky weighs in. What’s the general outlook…
After two difficult years marked by falling prices, where does global demand for diamonds go from here? Independent diamond analyst and consultant Paul Zimnisky weighs in. What’s the general outlook…
Rio Tinto (ASX, LSE, NYSE: RIO) has secured all regulatory approvals to proceed with its $6.7-billion (C$9.49-billion) acquisition of Arcadium Lithium (ASX: LTM; NYSE: ALTM) set to close in early…
Anglo American (LSE: AAL) is moving closer to spinning off its diamond unit, De Beers, after the government of Botswana confirmed interest in increasing its stake in the world’s leading…
The future of Canada’s diamond sector might seem uncertain as mines wind down, but officials could boost opportunities for those willing to innovate and invest strategically, according to SRK Consulting….
De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.
Coloured precious stones miner Gemfields (LSE: GEM; JSE: GML) has paused the sale of emeralds from its Kagem mine in Zambia, but says the government could soon reverse a 15%…
Sean Boyd, the chair of Agnico Eagle Mines (TSX: AEM; NYSE: AEM), recalled when the company’s performance prompted CNN’s Mad Money host Jim Cramer to eat a crow sandwich on…
Shares in Gemfields (LSE:GEM; JSE: GML) fell on Wednesday after the coloured gemstones miner said it faces a high tax bill in Zambia following the government’s decision to re-introduce a…
Diamonds grown in the lab are shining brighter than natural stones by grabbing market share, but their kryptonite could be the low prices and large carats indicating they really are…
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. …