Rough Diamond News

  • 18-Day Blockade Ends at Lulo Mine
    on 21 February 2025 at 10:00 am

    The blockade that disrupted work at the Lulo alluvial diamond mine in Angola has ended peacefully, Lucapa said yesterday (20 February) and mining has resumed. Angry locals protested outside the mine for 18 days in a dispute with...

  • New Partner for Sierra Leone Diamond Mine
    on 20 February 2025 at 7:00 am

    Australian miner Newfield Resources is expected to bring in a partner to run its Tongo diamond deposit, in Sierra Leone. It has agreed a term sheet (non-binding document) with ACA Resources, also based in Australia, to manage operations at the mine....

  • Israel Diamond Exchange's MOU with Authentia
    on 19 February 2025 at 7:00 am

    The Israel Diamond Exchange has signed a Memorandum of Understanding (MOU) with Authentia, headed by Mr. Bruno Scarselli. This collaboration is a significant step in promoting innovation, trust and transparency in the diamond industry...

  • CEO Quits as Petra Announces $69m Loss
    on 18 February 2025 at 10:00 am

    Petra Diamonds announced the resignation yesterday (17 February) of its CEO Richard Duffy, on the same day it posted a $69m net loss for the half-year to December 2024. Duffy left "by mutual agreement and with immediate effect," the company...

  • Museum to Buy World's Second Biggest Diamond?
    on 18 February 2025 at 8:00 am

    The world's second biggest rough diamond - recovered at the Karowe mine in Botswana last August and weighing 2,488 carats - could remain forever unpolished, as a museum exhibit. Canada-based Lucara said a number of museums had expressed ...

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