Category: Diamond
World’s ‘most beautiful diamond’ to go under Christie's hammer
An impressive flawless 163-carat diamond that has been hailed the “world’s most beautiful” will go under Christie’s hammer in Geneva in November, the auction house said Thursday. Discovered in February last year in eastern Angola, the 404.20-carat rough diamond — named the...
How iron carbonates help form diamonds
An international group of scientists published a paper in Nature Communications where they state that under the peculiar conditions present deep in the Earth’s mantle, iron carbonates can play a role in forming diamonds. The team led by Valerio Cerantola...
Laying the foundations for gender equality
As Head of Social Impact, I feel privileged to be leading De Beers Group’s work on women and girls empowerment, including on diversity and inclusion. I did my masters in Gender and Development and, having worked within the extractive sector...
De Beers partners with UN to empower women in its diamond producing countries
De Beers Group announced Wednesday a three-year partnership with UN Women to accelerate the advancement of women across its organisation, in its diamond producing countries and in its marketing. As a UN Women partner, De Beers has committed to achieving...
Indian billionaire Agarwal to be Anglo American’s top shareholder
Indian billionaire Anil Agarwal is planning to increase his investment in Anglo American (LON:AAL) by as much as 1.5 billion pounds ($2 billion), which would make him the biggest shareholder in the diversified miner. The acquisition of further shares will...
South African workers union to strike at Petra Diamonds' Koffiefontein mine
South Africa’s National Union of Mineworkers said on Thursday its members would go on an indefinite strike at Petra Diamonds Ltd’s Koffiefontein Mine in the Northern Cape of South Africa. The strike will mean a total withdrawal of labour of...
Alrosa finds gigantic pink diamond, likely its most expensive one
Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output in carats, has unearthed 27.85-carat pink precious rock the company believes could be the most expensive it has ever found. Alrosa is trying to decide on whether to sell this pink...
Stellar Diamonds pays for the Tongo environmental licence
Stellar Diamonds plc, the London listed diamond development company focused on West Africa, announces that it has paid US$150,240 to the Sierra Leone Environmental Agency for the Tongo Environmental Licence. As previously stated, the Tongo Mining Licence has been approved...
Investors wary as Tanzania moves to assert more control over mines
New laws and a crackdown on mining firms in Tanzania has slowed fresh investment in what has long been seen as one of Africa’s brightest mining prospects as companies assess the consequences of government efforts to claim a bigger slice...
Brazil’s president revokes decree allowing mining in Amazon
Brazilian President Michel Temer has yielded to global pressure from environmentalists, artists and a number of NGOs and revoked Tuesday a controversial decree that would have opened up a vast national reserve in the country’s Amazon, larger than the size of Switzerland,...
Lucara sells world's second-largest diamond for $53 million
The tennis ball-sized Lesedi La Rona rough diamond that Lucara Diamond (TSX:LUC) unearthed two years ago at its Karowe mine in Botswana was sold this week for $53 million. The buyer, London-based Graff Diamonds, paid nearly $47,777 per carat. “The...