Rio Tinto to spend $40m on Diavik diamond mine expansion
Rio Tinto is going ahead with a $40 million expansion of its iconic Diavik diamond mine in the Northwest Territories of Canada, which will extend the operation’s life to at least early 2026.
Rough Diamond
WHAT ARE CONFLICT DIAMONDS
Conflict diamonds, also known as blood diamonds, are diamonds that have been mined in war zones and sold to finance armed conflict against governments. These diamonds are typically mined under inhumane conditions by workers who are often forced to work in dangerous and exploitative conditions.The profits from the sale of these diamonds are then used … Read more
How rare are fancy coloured diamonds and will the price increase
Argyle pink diamonds are extremely rare and highly sought-after, making them some of the most valuable diamonds in the world.
What is the difference between a natural mined diamond and a laboratory grown diamond?
The main difference between a natural mined diamond and a laboratory grown diamond is their origin.
De Beers Lifts Prices of Its Smallest Rough Diamonds
De Beers has increased prices of small rough diamonds for the second consecutive sight as a combination of demand and supply factors continue to create a hot market for the category.
G-7 and EU looking at ways to track and trace Russian diamonds
Group of Seven nations and the European Union are discussing ways to track Russian diamonds across borders, a move that could pave the way for restrictions on their trade in future, according to people familiar with the matter. Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium … Read more
Industry-Insider Rapaport Lashes Out Against Lab-Grown Diamonds To No Avail
Martin Rapaport recently released an incendiary memo to the diamond and jewelry industry calling on them to stop doing business in lab-grown diamonds (LGD)
Botswana Has the World’s Two Richest Diamond Mines
A new list names the Jwaneng diamond mine, in Botswana, as the world’s richest diamond mine.
Tanzania Reports Record $63 Million in Diamond Exports Despite Williamson Mines Closure
The Bank of Tanzania announced that the country’s diamond exports increased significantly to $63.1 million (USD) in value by November 2022.
Alrosa Finds 2 Huge Diamonds at Udachnaya on the Same Day
Alrosa Finds 2 Huge Diamonds at Udachnaya on the Same Day