ALROSA reports its May 2021 diamond sales results

ALROSA reported preliminary rough and polished sales results for May 2021. ALROSA sales of rough and polished diamonds in May totaled $365 million, including proceeds from rough diamond sales of $346 million, and polished diamond sales of $19 million...

11 june 2021

Botswana Diamonds’ Thorny River discovery advances towards resource assessment

The AIM and BSE listed diamond explorer, Botswana Diamonds says it has advanced towards resource assessment at its Thorny River diamond project, in South Africa.

11 june 2021

Chow Tai Fook’s profit up by 107% in FY2021

Chow Tai Fook Jewellery Group’s annual results for the fiscal year 2021 showed the company’s profit grew by 107.7 per cent to $775.83 mn. This was a considerable improvement from a loss of 36.6 per cent in FY2020.

11 june 2021

World’s first regulator-approved diamond coin launched

New diamond coin is pitching itself as an alternative commodity for investors to purchase instead of gold bullion. International Gemological Institute (IGI), which provides grading for gems and jewellery grading, has joined hand with Diamond...

11 june 2021

Namibia blocks Namdia proposal to appoint a diamond evaluator

Namibia’s mines ministry has blocked the state-owned Namib Desert Diamonds (Namdia) chief executive Kennedy Hamutenya’s proposal to appoint his sales manager to replace C-Sixty Investment as the company’s diamond valuator.

10 june 2021

Timeline: the life and times of Australia’s unlikely Argyle diamond mine

03 may 2021

(mining-technology.com) - After 37 years, the Argyle Diamond mine in the Kimberley region of Western Australia has closed its doors. Speaking at the time, Rio Tinto copper and diamonds chief executive Arnaud Soirat said: “Fifty years ago there were very few people who believed there were diamonds in Australia.” So how did the Argyle story unfold? We track the history of this ground-breaking mine.