ALROSA unearths a yellow 17.4 ct diamond at its new Verkhne-Munskoye deposit

ALROSA has recovered a 17.44-carat diamond at the Verkhne-Munskoye deposit for the first time since the beginning of its operations.


Star Diamond provides update regarding option to JV with Rio Tinto Exploration Canada Inc.

Star Diamond Corporation announced that, following a review conducted by Star Diamond’s special committee with assistance from the special committee’s independent legal counsel, Star Diamond has notified Rio Tinto Exploration Canada Inc. (RTEC)...


Sergey Eroshkin appointed new CEO of Bourevestnik

Sergey Eroshkin will become the new CEO of the Bourevestnik Innovation Center, ALROSA subsidiary, effective from February 15, 2020.


Star Rays aspires to become India’s first carbon-neutral diamond company

Indian diamond manufacturer Star Rays may be the first India’s first carbon-neutral diamond company in the country, because of its commitment to sustainable business practices.


Young Indians embrace platinum as a symbol of modern love and self-expression

While traditionally a market for gold jewellery, India has developed a strong appetite for platinum over the past decade.


Anglo’s Cutifani promises changes in diamond sights as De Beers embarks on “re-think”

04 february 2020

     Image credit: De Beers

( - Anglo American CEO, Mark Cutifani, confirmed the group’s 85%-owned De Beers was considering an overhaul in the way in which it sold rough diamonds to cutters and polishers – known as the mid-stream – , adding that no buyer “will be unaffected”. “We have to re-think and re-imagine it, but we also need to do it with the midstream, not to the mid-stream,” he said of about 85 companies invited at regular times throughout the calendar year to buy rough diamonds from De Beers. “I don’t know where it will land but everyone who is a partner will have to look at a different world,” he said. Cutifani was commenting in an interview with Miningmx at the Mining Indaba conference in Cape Town.