Diamond miners’ results spark market recovery hopes
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…
Diamond
How resource ‘classification debt’ chips away at miners’ growth and investor trust
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,…
Diamond sector’s latest marketing campaign aims to sell youth on mined gems
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…
Lucara sells Clara diamond sales platform to HRA and former CEO Eira Thomas
Lucara Diamond (TSX: LUC) is selling its Clara rough diamond sales platform to its original founders, a group led by the HRA Group of companies and Lucara founder and former…
Rio Tinto starts underground production at A21 pipe at Diavik diamond mine
Rio Tinto (ASX: RIO) says it’s begun commercial production from a new underground development at its Diavik diamond mine, in the Northwest Territories, after completing the first phase of development…
Burgundy Diamond halts Sable expansion plans at Ekati in Northwest Territories
Burgundy Diamond Mines (ASX: BDM), owner of the Ekati diamond mine in the Northwest Territories, says it has pulled plans for underground mining at the Sable open pit following feedback…
Rio Tinto offers early termination to Diavik diamond workers in Northwest Territories: report
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) is offering early termination for employees at its Diavik diamond mine, Canada’s largest gem producer, as part of cost savings ahead of…
Gem Diamonds’ Letšeng mine yields 212.9-carat stone
Africa-focused miner Gem Diamonds (LSE: GEMD) has found yet another big precious stone at its prolific Letšeng mine in Lesotho, the third greater than 100-carat diamond mined in September. The…
Lucara unearths sixth diamond larger than 1,000 carats at Karowe mine
Last month, the miner unearthed the second-largest diamond ever found.
Gem Diamonds unearths 126.2-carat stone from Letšeng mine in southern Africa
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another large white diamond at its prolific Letšeng mine in Lesotho. The 126.21 carat type II white diamond is the 12th greater…
Diamond finds could extend NWT’s Misery mine ‘well past 2026,’ Burgundy says
Results from summer drilling at Burgundy Diamond’s (ASX: BDM) Ekati mine in the Northwest Territories could help extend production at the underground Misery mine much longer than expected, the company…
Gem Diamonds finds 122.2-carat stone at Letšeng mine
Africa-focused miner Gem Diamonds (LSE: GEMD) has unearthed yet another massive diamond white diamond at its prolific Letšeng mine in Lesotho, just days after another major find. The 122.2 carat Type II white…