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Category: Mining

huge rough diamond in hand

Karowe Mine Yields Massive 2,492ct. Rough Diamond

Stone ranks as one of the largest ever recovered, according to Lucara.
Alrosa Diamonds Image

Alrosa Sales and Profit Stumble in Weak Market

Revenue down 5% year on year for first half of 2024.
Gem diamonds image

Increase in Large-Stone Recovery Boosts Gem Diamonds Revenue

Miner sold six rough specimens greater than 100 carats in first half.

HB Deal Boosts Lucara Diamond Sales 

Miner also benefited from higher proportion of special stones in second quarter.

Greenland Ruby Goes on the Market Amid Restructuring 

Deposit has been on pause since September.
Gahcho Kue diamond mine Canada image

Mountain Province Shifts to Loss as Rough Prices Plummet

Weakened Canadian dollar and mining of lower-grade ore also contributed to deficit.
petra rough diamonds image

Petra Postpones First Tender to Limit Diamond Supply

Miner will offer rough from South African operations in October due to weak demand.
rio tinto rough diamonds image

Rio Tinto Diamond Unit Slumps to Loss

Revenue down 40% year on year in first half.
Lucapa big diamond rough image

Lucapa Unearths 176ct. Rough from Lulo Mine

Stone is fifth over 100 carats this year, and eighth-largest from deposit.
Ekati diamond mine aerial image

Weak Rough Prices Hit Ekati Sales

Lower volume also affected revenue.

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