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

Anglo’s Cutifani says De Beers will treat fragile diamond recovery in 2021 with kid gloves

14 january 2021

(miningmx.com) - Anglo American CEO, Mark Cutifani, is anticipating markedly better trading conditions in the diamond market from 2021 which could last for up to three years, but he stressed De Beers had no intention of pushing excess sales of rough diamonds into the market. Speaking on an investor update conference call for the second half of the group’s financial year to end-December, Cutifani commented: “We are being prudent in our forecasts and we are certainly not going to be a contributor to overstocking in the industry”.