Lucapa’s two Lulo diamonds fetch $3.5m at latest Angola tender

Lucapa Diamond has sold two Type IIa Lulo diamonds for $3.5 million at a tender hosted by Sodiam E.P. in Angola.

Yesterday

ALROSA's rare investment diamond collection to be presented at March auction

ALROSA will soon hold its annual auction of investment-grade diamonds from its Diamond Exclusive collection, and the total value of the lots will exceed 1 billion rubles ($11.9 million).

Yesterday

Anglo American mulls fresh job cuts as it continues with restructuring – report

Anglo American is considering additional job cuts at its corporate office as it continues to restructure its business by selling assets and hive-off its platinum unit.

Yesterday

Botswana Diamonds expands AI exploration to search for hidden polymetallic deposits

Botswana Diamonds has expanded its country-wide artificial intelligence (AI) exploration programme in Botswana from diamonds to looking for hidden polymetallic deposits.

Yesterday

ALROSA not to request aid from Gokhran without necessity - head of Yakutia

ALROSA may only ask Gokhran for help in purchasing rough diamonds "only in case of real need", the head of Yakutia Aisen Nikolaev told Interfax.

Yesterday

Chinese retailers are offloading polished diamonds as demand tanks, adding to a $2 billion inventory headache for De Beers

07 march 2025

By Ryan Hogg

(fortune.com) - Anglo American’s troubled ownership of the De Beers group was brought into fresh focus on Thursday as the mining company announced a fresh multibillion-dollar write-down of the diamond group it’s trying to restructure.