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LATEST Diamonds and gems  

De Beers diamond sales falter as small stones struggle to sell

29 Jan 2019 /  Thomas Biesheuvel, Bloomberg  
Oversupply hits miner.

Botswana diamond mine sold for $8.1m at online auction

31 May 2018 /  Mbongeni Mguni, Bloomberg  
After its liquidators failed to secure viable offers via conventional bids.

The fifth-largest diamond in history sells for $40m

13 Mar 2018 /  Thomas Biesheuvel, Bloomberg  
The 910-carat Lesotho Legend was sold in a tender in Antwerp.

De Beers eyes Zimbabwe, DRC after gaining SA permits

7 Feb 2018 /  Felix Njini  
Company was granted 16 new licenses in Northern Cape province.

De Beers returns to South African roots with Kimberley exploration drive

6 Feb 2018 /  Reuters  
The diamond giant has 16 exploration permits for South Africa.

De Beers is digging up more diamonds than any time since 2008

25 Jan 2018 /  Thomas Biesheuvel, Bloomberg  
Company produces 33.5 million carats in 2017.

Zimbabwe may scrap local ownership rule on platinum, diamonds

23 Jan 2018 /  Antony Sguazzin and Godfrey Marawanyika, Bloomberg  
President Mnangagwa has lifted requirement on other metals.

African diamond miner can’t stop finding huge stones

22 Jan 2018 /  Thomas Biesheuvel, Bloomberg  
Gem Diamonds unearths a 149-carat, D colour type IIa diamond at its Letseng mine.

Millennials are snubbing diamonds

19 Jan 2018 /  Bei Hu, Bloomberg  
Diamond prices may fall as much as 10% in 2018, Tribeca says.

De Beers turns to blockchain to guarantee diamond purity

16 Jan 2018 /  Barbara Lewis, Reuters   4
Blockchain provides 'immutable' public ledger - CEO.

One of the biggest diamonds in history has just been found

15 Jan 2018 /  Thomas Biesheuvel   1
Gem Diamonds finds 910 carat stone at its Lesotho mine.

Botswana’s Okavango posts record diamond sales

12 Jan 2018 /  Reuters  
The state-owned company sold 3.41 million carats of diamonds in 2017.

Two diamonds larger than 100 carats each found in Lesotho mine

8 Jan 2018 /  Thomas Biesheuvel  
Rival miner Lucapa also recovers two major gems in Angola.

De Beers orders $142m Namibian diamond mining ship

22 Nov 2017 /  Reuters  
As part of its strategy to grow its offshore operations.

Sotheby’s fails to sell 37-carat diamond as auction falters

16 Nov 2017 /  Thomas Mulier, Bloomberg  
Two diamonds owned by famous French courtesan also went unsold.
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