SourcingAug 22, 2024
2,492-Carat Diamond Recovered From Botswana Diamond MineThe giant gem came from Karowe, the same mine that yielded the 1,109-carat Lesedi La Rona and the 1,758-carat Sewelô diamond.
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358 results for “Mining”
SourcingAug 15, 2024
Greenland Ruby Is Up For SaleUnable to pay its debts, the ruby and sapphire miner is looking to restructure and become a “competitive and attractive” company.
Policies & IssuesAug 08, 2024
‘Salmon Gold’ Surfaces Again, This Time at Mejuri The jewelry retailer has partnered with Resolve, an organization that combines re-mining with fish habitat restoration.
Policies & IssuesAug 02, 2024
Single Mine Origin Gold Now Being Distributed in the USProvidence, Rhode Island-based C&J Fine Jewelry Makers will offer the traceable gold to companies in the U.S. and Canada.
SourcingJul 31, 2024
Lucapa Sells 6 Diamonds, Including 14-Carat PinkThe parcel, totaling 447 carats, garnered $12.4 million at the diamond miner’s recent tender.
SourcingJul 25, 2024
De Beers’ H1 Revenue Falls 21% in ‘Weak’ MarketLab-grown diamond sales in the United States and ongoing economic challenges in China are impacting natural diamond demand.
SourcingJul 23, 2024
De Beers’ Production Drops 15% in Q2The company also reported the $150 million sale of an iron ore royalty right, part of its ongoing effort to divest “non-core” assets.
SourcingJul 18, 2024
Grizzly Emerald Auction Garners $32.5 millionThe miner said an 835-carat emerald saw “stiff competition” in its July sale.
SourcingJul 17, 2024
Rio Tinto’s Diamond Production Down 28% in Q2The company’s sole remaining diamond operation, Diavik, produced 702,000 carats of diamonds, down from 970,000 a year ago.
SourcingJul 05, 2024
Lucara Names New VP of Mineral ResourcesLauren Freeman, a Ph.D. with more than 25 years of experience in mining, has joined the company.
SourcingJun 28, 2024
Fura Gems CEO Dev Shetty Steps DownHe’s leaving the colored gemstone miner to pursue other opportunities, the company said Friday.
SourcingJun 27, 2024
De Beers’ Rough Diamond Sales Sink 31%The company sold $315 million in rough in the fifth sales cycle of the year, down from $456 million in the same period last year.
SourcingJun 26, 2024
Lucapa Sells Stake in Mothae MineThe Australian miner has signed over its 70 percent share in the diamond deposit to Lesotho company Lephema Executive Transport.
SourcingJun 24, 2024
Gemfields' June Ruby Auction Fetches Nearly $69MThe sale marks the miner’s 10th anniversary of its first auction of rubies from the Montepuez Ruby Mine in Mozambique.
EditorsJun 17, 2024
Q&A: Al Cook on the Future of De BeersThe De Beers CEO discussed the Anglo American situation, natural diamond marketing, and why the future of lab-grown diamonds is technology.
SourcingJun 12, 2024
Bruce Cleaver Is Gemfields’ New ChairThe former De Beers CEO will step into the role next month.
SourcingJun 10, 2024
State of the Diamond Industry: Botswana Beyond DiamondsFrom moringa to ecotourism in the Okavango Delta, the country and its leaders are exploring how Botswana can diversify its economy.
SourcingJun 04, 2024
Gemfields’ High-Quality Emerald Auction Earns $35MIts May sale of gemstones from the Kagem mine in Zambia was strong despite a softening market.
SourcingMay 24, 2024
De Beers’ Sales Slide in Fourth Round of Sales This Year The company sold $380 million in rough diamonds, compared with $479 million in the same period last year.
SourcingMay 20, 2024
Anglo American Confirms It Is Looking to Sell De Beers The mining giant also wants to offload its platinum business as part of an overhaul designed to “unlock significant value.”
SourcingMay 16, 2024
Lucapa to Shed Stake in Lesotho Diamond Mine The mining company wants to divest its 70 percent holding in the Mothae Diamond Mine in an effort to streamline its portfolio.
SourcingApr 29, 2024
De Beers to Move Auction HQ from Singapore to BotswanaSales will be paused while the relocation takes place over the next few months.
SourcingApr 26, 2024
Anglo American Reportedly Shopping De Beers as BHP Eyes Anglo Big changes appear to be on the horizon for the diamond miner and its parent company, Anglo American.
SourcingApr 25, 2024
De Beers Lowers Production Guidance for 2024The announcement came as the company reported a 23 percent drop in production in Q1.
SourcingApr 24, 2024
Rio Tinto’s Q1 Production Drops Amid Pause to Honor Lost Colleagues The mining company’s Diavik Diamond Mine lost four employees in a plane crash in January.
