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Category: Mining

Aerial view of the Star-Orion South diamond fields

International Investor Buys Up Star Diamond Stock 

Shareholder may also provide funding for miner to move forward with Fort à la Corne diamond project.
Rough-emerald sorting image

Zambia Reinstates 15% Export Duty on Emeralds Without Warning  

Gemfields has appealed the decision, citing negative impact on sector sustainability.
Vladimir Marchenko headshot

Alrosa’s Deputy CEO Exits Company 

Vladimir Marchenko, who joined in 2017 as vice president, will move to another business in the industry.
Rough rubies image

Security Forces Kill Two Insurgents at Gemfields Ruby-Mining Village 

Company relocates workers, halts operations at Montepuez deposit.
Image gallery containing the largest rough diamonds found in 2024

Making a Big Bang: The Largest Rough-Diamond Finds of 2024 

Ranging from 203 carats to a massive 2,488 carats, Lucara, Gem Diamonds and Alrosa stones all reached the top 10.
Florescence testing on rubies image

Gemfields Fears for Safety of Ruby Workers Amid Political Unrest 

Miner may have to close Mozambican site temporarily after nearby areas come under attack.
Rough diamonds image

Tiffany Writes Down Diamcor Loan as Market Weakness Prevails 

Miner now owes jeweler $2.4 million instead of $4.7 million.
Large diamonds from Lucapa's Lulo mine image

Lucapa to Up Stake in Angola’s Lulo Diamond Mine 

Company share to grow to 51% from previous 39%.
Lion emerald from Gemfields image

Gemfields to Halt Some Operations, Sell Businesses Amid Market Woes 

Company considers offloading Fabergé, will shut emerald mine for at least six months.
Process of mercury amalgamation image

US Awards Nonprofit Funding to Support ASM Sector 

Pact will use some of the money to promote mercury-free mining in Mali.

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