‘Bubblegum’-coloured diamond could fetch more than $35M at auction
A rare pink diamond of “unparalleled colour and brightness” is expected to fetch over $35 million when it goes under Sotheby’s hammer in New York next June, potentially becoming one…
De Beers Consolidated Mines Limited
De Beers hikes 2022 guidance, citing ‘robust’ US demand
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
De Beers latest sale shows stronger US and Chinese demand
De Beers, the world’s top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs…
Mountain Province discovers kimberlite in three target areas at Kennady North
Mountain Province Diamonds (TSX: MPVD; OTC: MPVD) has released interim exploration results for its 100%-held Kennady North project in the Northwest Territories, consisting of over 1,070 sq. km of claims…
De Beers returns to Angola in search of diamonds
De Beers, the world’s largest diamond miner by market capitalization, has inked two mineral investment deals with the Angolan government granting the company exploration rights for 35 years in the…
De Beers latest sale shows demand remains strong
De Beers, the world’s top diamond producer by value, saw sales jump by 18% in the second cycle of 2022 compared to the same period last year, attesting to the…
Buried treasure: An overview of news from active diamond companies
An overview of the latest news from active diamond explorers, developers and miners in Canada, and Canadian-listed companies working abroad. Adia Resources This spring, Adia Resources completed an initial diamond…
Tres-Or drills Guigues kimberlite in Quebec
The Guigues kimberlite pipe in northern Quebec, 10 km from Notre- Dame-du-Nord, was discovered by De Beers in 1983. But despite its long history, it has never seen modern microdiamond…
Diamonds Symposium explores industry challenges and solutions
The second annual Diamonds in Canada Symposium, organized by The Northern Miner, took place in Toronto in June. This year’s featured speakers included Chris Jennings, chairman of North Arrow Minerals,…
Editorial: Diamond sector battles crisis fatigue
They say it’s darkest before the dawn. Let’s hope that holds true for the diamond sector. We try to strike a hopeful note here at Diamonds in Canada about an…
Why 2020 could be a better year for diamonds
Following a strong first half of 2018, the balance of the year and most of 2019 was disappointing for the diamond industry. The most recent 18-month stretch has been described…
Diamond exploration pioneer Chris Jennings sees past market gloom
When the Diavik diamond mine began production in 2004, there were likely more than a few miners that experienced deep pangs of regret, remembering that they could have had a…