Rio Tinto welcomes Joint Standing Committee’s report on Northern Australia

Following its inquiry into the destruction of rock shelters at Juukan Gorge on the land of the Puutu Kunti Kurrama and Pinikura people (PKKP) in the Pilbara region of Western Australia, Rio Tinto welcomes the final report of the Joint Standing...

Today

DDE sold the most expensive rough stone on its tender floor

DMCC – the world’s flagship free zone and government of Dubai authority on commodities trade and enterprise – announced that an exceptional 100+ carat rough diamond was successfully sold for USD 5.218 million (USD 44,004 per carat) in a record...

Today

China's diamond import sustains growth momentum in Q3 of 2021

With the rapid recovery of China's retail jewellery market, the diamond imports of the country have maintained a sustained growth momentum in the first three quarters of 2021.

Yesterday

Namdeb eyes extension of land-based operations to 2042

Namdeb Diamond Corporation, a 50/50 joint venture between De Beers and the Namibian government, has approved a new long-term business plan that will extend the current life-of-mine of its land-based operations to 2042.

Yesterday

Angola to convene first international diamond conference

Angola’s mineral resources ministry will convene its first international diamond conference from November 25 to 27 in Saurimo, the capital of the Lunda Sul province.

Yesterday

Despite price cuts, De Beers is forecast for second half sales rebound of $1.6bn

16 september 2020

(miningmx.com) - De Beers would experience a rebound in fortunes for the second half of its financial year with sales reaching $1.6bn, according to analysts at Morgan Stanley. The second half performance, partly prompted by the approaching year-end season which is traditionally a period of heightened sales for De Beers, would also reverse a $500m cash outflow from the first half.