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Home > Diamond News Center > Diamond News > Mining

Mining Diamond News

404 carat Lulo Diamond Sells for US$40,000 Per Carat

29.02.16, 08:16 / Mining
The 404 carat alluvial diamond recovered recently from the Lulo Diamond Project in Angola has sold for gross proceeds of US$16 million, representing ...

A Fifth of Trans Hex’s LOR Operations Workforce Accept Voluntary Retrenchment Packages

28.02.16, 10:05 / Mining
Trans Hex has concluded an agreement with South Africa’s National Union of Mineworkers to change the production shift system at the company's ...

Alrosa’s Diamond Reserves Top 1.1 Billion Carats

28.02.16, 08:59 / Mining
Alrosa’s current diamond reserves top 1.1 billion carats, according to a review of the company’s geological exploration. Alrosa plans to ...

Diamond Miners in Zimbabwe Ordered to Cease Operations

24.02.16, 09:55 / Mining
The Zimbabwean government has ordered diamond mining firms to cease operations immediately, according to IDEX Online based on local Zimbabwean ...

De Beers Diamond Brand Forevermark Supports Rhino Rescue Botswana

22.02.16, 08:49 / Mining
De Beers diamond brand Forevermark is supporting the Tlhokomela Trust (meaning ‘to protect’ in Setswana) as part of De Beers ongoing commitment ...

NUM to Fight ‘Tooth and Nail’ Over De Beers Retrenchments at Venetia Diamond Mine

21.02.16, 10:12 / Mining
South Africa’s National Union of Mineworkers (NUM) has issued a statement questioning the rationale and process for restructuring undertaken ...

De Beers Consolidated Mines Downsizing Workforce

18.02.16, 09:36 / Mining
De Beers Consolidated Mines (DBCM), which has taken a series of actions to ensure that its South African mining business remains sustainable ...

De Beers Revenue Down Largely Due to Lower Rough Diamond Sales

17.02.16, 09:59 / Mining
Revenue for De Beers for the 2015 financial year fell from $7.1 billion in 2014 to $4.7 billion last year, representing a reduction of 34% ...
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