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…
Alrosa
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…
Minerals commentary: Replenishing the diamond pipeline is a daunting task for miners
Given that most of the highly economic diamond deposits in the world have already been put into production, diluted via expansion or depleted, going forward the economics of diamond mines…
Diamonds an enduring passion for Gren Thomas
Even though prospecting for diamonds in Canada no longer elicits the electrifying buzz of the 1990s when juniors were uncovering the country’s first diamond mines, the rationale for exploration is…
Diamond market slows after strong recovery
A strong recovery followed an industry-wide diamond inventory buildup in 2014-2015 and another slide after India’s demonetization in late 2016. However, lately, the diamond industry’s momentum has begun to stall….
Five reasons diamond stocks have been dragging
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),…
Bob Gannicott’s lasting legacy
Robert Gannicott, the man who built Canada’s largest diamond mining company, Dominion Diamond (TSX: DDC; NYSE: DDC) and a pioneer of Canada’s diamond scene for 25 years, has died. Gannicott…
Q&A: Decoding the diamond market
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…
Q&A: Why diamond stocks haven’t lost their shine
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…
Editorial: Diamond market in wait-and-see mode
The response of diamond miners to the decline in rough prices over the past year — they’ve fallen around 16%, according to the WWW rough diamond index — has been…
Diamond producers’ association on the horizon?
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,…
Dominion delivers
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…