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- New Ekati Owners Report Record Revenueson 2 May 2024 at 1:00 pm
Burgundy, new owners of the Ekati diamond mine in Canada, is reporting record revenues of $117m in Q1. The Australian miner paid $136m when it bought the mine from the Arctic Canadian Diamond Company...
- G7 Sanctions: Alrosa to Sell Share in Catoca Mineon 2 May 2024 at 10:00 am
Alrosa is to sell the 41 per cent stake it holds in Catoca, the Angolan diamond mine. The government of Angola has been pushing for it to withdraw unconditionally from Sociedade Mineira de Catoca, the ...
- Luxury Companies Could Bid for De Beerson 30 April 2024 at 1:00 pm
Speculation is mounting over the future of loss-making diamond giant De Beers, as its parent company Anglo American faces a takeover bid from its bigger rival BHP. Luxury goods companies such as LVMH, Hermes...
- Fifth +100-cts Diamond of the Year for Gemon 30 April 2024 at 11:00 am
Gem Diamonds has announced its second +100-ct recovery in under two weeks. The UK-based miner recovered a 118.74 carat Type II white diamond on 28 April. It follows the recovery of another Type II white diamond...
- BHP "to Increase Offer for Anglo American"on 28 April 2024 at 8:00 am
BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week. A successful bid would almost certainly mean the sale of De Beers, which doesn't fit with BHP's ...