In late 2016 and early 2017 the diamond market felt the effects of India’s demonetization, which saw 500-rupee and 1,000-rupee bills suddenly removed from the market last November. The move…
In the first quarter of 2017, a market-cap weighted aggregation of diamond miners in U.S. dollars including Alrosa (RTS: ALRS), Petra Diamonds (LSE: PDL), Dominion Diamond (TSX: DDC; NYSE: DDC),…
With a dismal 2015 in the rear-view mirror, the first half of 2016 saw surprisingly strong demand for rough diamonds. However, with new production coming online from several mines in…
After a 12-15% decline in rough diamond prices last year, 2016 has seen a stronger start to the year. Even so, Edward Sterck, Director of Equity Research, Metals and Mining…
After a decent 7% increase in 2014, rough diamond prices have fallen for the past year, prompting diamond equities to follow.
Lucara Diamond (TSX: LUC) recently made history by unearthing the world’s second-largest diamond from its flagship Karowe diamond mine in Botswana.
Fresh off RBC Capital Markets’ 8th annual diamond conference, held in March in Toronto, Diamonds in Canada interviewed RBC mining analyst Des Kilalea in late March. Kilalea discussed the state…
More than a decade after De Beers relinquished control of the diamond sector, the major diamond miners are looking at forming a new industry association to co-operate on common issues,…
No one is forecasting that 2015 will be a boom year for diamonds, but diamond miners are still looking good.. “Our view is that the diamond sector continues to offer…
Despite a softening in rough diamond prices, Dominion Diamond (TSX: DDC; NYSE: DDC) generated significant free cash flow in fiscal 2015 — paving the way for the company’s first dividend…
The Cullinan diamond mine at the foothills of the Magaliesberg mountain range, 37 km northeast of Pretoria in South Africa, is one of the world’s most celebrated diamond mines.
In the space of just a few months, both BHP Billiton (BHP-N, BLT-L) and Rio Tinto (RTP-N, RIO-L) announced they were reviewing their diamond businesses. BHP, the 80% owner of…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.