Peter Meeus sells off International Diamond Laboratory

International Diamond Laboratory (IDL) Dubai, which provides jewells grading and reporting services in the region, is now under new ownership.

Today

IDE signs Memorandum of Understanding with Authentia

The Israel Diamond Exchange (IDE) has signed a Memorandum of Understanding (MOU) with Authentia, which offers the diamond industry's first legally recognised protocol on public blockchains, providing the most comprehensive solution...

Today

Anglo American divests nickel business for $500m

Anglo American has entered into a definitive agreement to sell its nickel business to MMG Singapore Resources, a wholly owned subsidiary of MMG for a cash consideration of up to $500 million.

Today

Petra first half revenue nosedives

Petra Diamonds realised revenue of $115 million in the six months ended 31 December 2024 (H1 FY 2025), a 30% drop compared to $164 million, a year earlier.

Yesterday

Anglo American reveals demerger timeline for Amplats

Anglo American has announced the timeline for the demerger of its 67%-owned Anglo American Platinum (Amplats), which is scheduled for June.

Yesterday

De Beers Kept Prices Steady. Now What?

31 january 2025

By Joshua Freedman

(rapaport.com) - The news at last week’s De Beers sight was what soccer fans might call “off the pitch.” The sale itself was uneventful. The miner left rough prices unchanged at the first cycle of the year after December’s sharp reductions.