News

Anglo American is in the process of selling De Beers, the company that shaped the modern diamond industry, but which is now a loss-maker, so that it can focus on copper and other more profitable ...
Gemfields, the world's biggest colored gemstone miner, bought Faberge in 2013 from one of its own shareholders in all-share ...
Rerouting goods manufactured in India is not a viable option. The US says it won't allow it, and will impose an additional 40 ...
Revenue for Q1 slipped to $30.3m, partly because of bad weather, and Lucara said it was drawing down up to $28m in emergency funding for its underground expansion of the mine.
(IDEX Online) - Debmarine Namibia is seeking a "blanket exemption" from the 15 per cent US tariffs that have been imposed on its rough and polished diamond exports since last Thursday (7 August).
(IDEX Online) - Lucara announced an increase of almost 6 per cent in its Q2 revenue, to $43.7m, buoyed by the sale of the ...
(IDEX Online) - Debmarine Namibia is seeking a "blanket exemption" from the 15 per cent US tariffs that have been imposed on ...
(IDEX Online) - South Africa is to sign up to the milestone Luanda Accord, which is funding a global campaign to promote natural diamonds. It joined the governments of Angola, Botswana, Namibia, ...
The mine was due for closure in early 2026. But in a new life-of-mine update, published on 31 July, Burgundy outlines plans to continue operations at parts of the mine through to 2040, taking account ...
(IDEX Online) - Owners of Ekati, Canada's oldest diamond mine, now say they hope to extend its life to 2040, having said ...