Yoram Dvash: Industry unity, producer leadership and marketing investment key to natural diamond's future

The natural diamond industry is navigating a period of significant transition, but there are increasing signs that the foundations for a stronger and more positive future are being built, according to the World Federation of Diamond Bourses (WFDB)...

29 june 2026

AWDC: First fully traceable artisanal diamonds from DRC sold on the international market in Antwerp

In a historic milestone for the diamond industry, fully traceable, artisanal diamonds from the Democratic Republic of Congo have been sold on the international market for the very first time in Antwerp. Below, Ine Tassignon, AWDC spokesperson, provides...

22 june 2026

Natural diamonds most desired luxury jewellery, Gen Z spending double baby boomers, reveals De Beers report

Natural diamonds remain the most desired jewellery item among US consumers, with Millennials and Gen Z driving demand value and spending, according to De Beers Group’s The Diamond Report, which draws on the biannual Diamond Acquisition Study of 18,500...

15 june 2026

Edahn Golan: India’s lab-grown diamond exports surpass natural diamonds by volume, yet value gap widens

India’s diamond industry has reached a historic turning point. In March and April 2026, the volume of lab‑grown diamond exports overtook that of natural diamonds, with lab‑grown stones accounting for 51% and 50.4% of total export volume respectively...

01 june 2026

Dr M’zée Fula-Ngenge: Kimberley Process failing Africa

The Kimberley Process (KP) is failing Africa, and the world's definition of a “conflict diamond” is a moral and legal absurdity, according to the African Diamond Council (ADC) chairperson M’zée Fula-Ngenge. The following exclusive...

18 may 2026

Mountain Province Diamonds completed phase one drilling for the Hearne Northwest extension discovery at Gahcho Kué Mine

02 december 2022
Mountain Province Diamonds Inc. has provided phase one drilling results for the discovery of the Hearne Northwest Extension at Gahcho Kué Mine. 
The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué Mine, which is presently ranked as 4th in the world by annual diamond production. 
The Hearne Northwest Extension was first visually identified in late 2021, when kimberlite measuring 25 meters across in a bench face was exposed during routine mining operations. A discovery drilling program was subsequently launched with initial results reported earlier this year. Ground-based geophysics initially suggested a west-northwest direction for the extension, but a northwest direction has been confirmed from the phase one drilling.
Phase one drilling of the Hearne Northwest Extension includes 16 drillholes totaling 5,040 meters. Ten of the sixteen drillholes have significant kimberlite intersections that have been used to model this large extension. Completion of the phase one drilling and subsequent modeling of the data suggests that a significant volume of kimberlite may be present.
Mark Wall, the Company's President and Chief Executive Officer commented: "The latest results generated with our operating partner De Beers suggest that the Hearne Northwest Extension is a significant discovery, potentially equal in volume to the Hearne orebody as it was originally defined. As the extension is only in the exposed lower benches of the open pit and plunges to the northwest, an underground operation to recover this ore is a logical pursuit, and the Gahcho Kué joint venture is actively reviewing underground options for economic recovery of this material."

Alex Shishlo for Rough&Polished