Lucapa Q3 output slides as soft market conditions continue

Lucapa Diamond produced 7,058 carats of diamonds in the third quarter of 2024 at its 40%-owned Lulo alluvial mine in Angola, which was a 7% drop compared to 7,578 carats realised a year earlier.

Today

Second edition of Angola International Diamond Conference begins

The conference, which first took place in November 2021, brings together experts and industry players to offer an opportunity for companies and stakeholders in the Angolan diamond industry to share experiences and establish new connections.

Today

Nikolay Utkin: Norilsk Nickel sets a course for creating a new technological platform

Despite the current challenges, Norilsk Nickel has set a course for creating a new technological platform. It will allow realizing the potential for growth in copper-nickel ore production in the Norilsk industrial district to 30-32 mn tons per year by...

Today

Canada’s Côté gold project may lay foundation for new mining district - Iamgold

Iamgold Corporation has announced updated results of a drilling program at Gosselin, a mineralization zone adjacent to its primary Côté gold project.

Today

Stiff competition from lab-grown diamonds a reality – Brazilian geologist

It is now difficult to attract investors in the exploration of natural diamond mining at a time when the industry is facing stiff competition from lab-grown diamonds, according to a Brazilian geologist.

Yesterday

June 2024 Market Update: De Beers, G7 & Other Changes

21 june 2024

By Edahn Golan

(edahngolan.com) - The diamond industry is going through changes on a number of fronts, some of them fundamental. Issues such as De Beers announced sale, the impact of G7 sanctions on Russian diamonds, the increasing importance of traceability, the rise in demand for lab-grown diamonds amidst sinking prices, China’s struggling economy, and growing tensions with the West are among those that are – or should be – on everyone’s mind in the industry.