Demand for diamond jewellery has been hit by high interest rates in the US, home to 55% of global demand, a muted post-pandemic recovery in China and competition from lab-grown di ...

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After decades of growth driven by diamond mining, Canada’s Northwest Territories are facing the closure of three major mines and wondering: What’s next? A pit at the Diavik mine, one of the three ...

Desperate times call for desperate measures, an old saying which explains why the world’s diamond miners have started “high grading” their assets, risking rapid depletion of reserves. The large-scale ...

NEW DELHI, Jan 20 (Reuters) - India's state-run miner NMDC is expected to extract 6,500 carats of diamonds, worth $3.4 million, this fiscal year from ores in a mine near a tiger reserve, after ...

KIMBERLEY – Experts warn that diamond mining is not as lucrative or stable as many believe. Mining analyst Peter Major says standalone diamond mines struggle to survive over the long term due to ...

CAPE TOWN, Feb 6 (Reuters) - Anglo America (AAL.L), opens new tab unit De Beers has signed agreements with Angola on diamond processing and exploration prospects, CEO Al Cook said on Tuesday, as the ...