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- Alrosa Starts Mining at New Kimberlite Pipeon 10 July 2025 at 5:00 am
Alrosa has started operations at additional kimberlite pipe at its Lomonosov deposit, one of the largest diamond mines in Russia. The state-run miner said on Tuesday (8 July) that the Karpinsky-2 pipe, one of six at Lomonosov, held more than 40m tonnes of...
- $17m Diamond Heist: Namdia Criticized over New Securityon 9 July 2025 at 5:00 am
A Namibian member of parliament has criticized security arrangements made at Namib Desert Diamonds (Namdia), following a $17m armed raid in January. Job Amupanda claims the state-owned diamond marketing company subsequently appointed ...
- New Mothae Owners put 400 Workers on Forced Leaveon 8 July 2025 at 8:00 am
All 400 workers at the Mothae diamond mine, in Lesotho, have been put on forced leave by the deposit's new owners and have had their wages halved, according to their union. The Independent Democratic Union of Lesotho (IDUL) says the move is in breach...
- D-Day Looms for US Reciprocal Tariffson 7 July 2025 at 9:00 am
D-Day is looming for the US to reimpose the reciprocal tariffs that prompted three months of turmoil for the diamond industry. The deadline for nations to negotiate an interim trade deal that avoids tariffs is 12.01am EST on Wednesday 9 July. If no deal is ...
- US Lab Grown Demand has Peaked, says Kellieon 7 July 2025 at 7:00 am
Demand for lab growns in the US has probably peaked, says David Kellie, CEO of the Natural Diamond Council (NDC), and will decline in the coming years. He says retailers aren't achieving the prices they'd like, and consumers are increasingly...