India’s biggest holiday boosts De Beers rough diamond sales

India’s biggest holiday boosts De Beers rough diamond sales

Anglo American’s (LON:AAL) De Beers, the world’s No.1 diamond producer by value, said Tuesday it saw an 5.7% rise in rough diamond sales during the sixth cycle of the year compared with the previous one, as earlier Diwali festivities...

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Exclusive: Odebrecht agrees to sell Angola diamond mine stake – sources

Exclusive: Odebrecht agrees to sell Angola diamond mine stake – sources

Odebrecht SA, the Brazilian conglomerate selling assets in the wake of a corruption scandal, has agreed to sell a 16.4 percent stake in the world’s No. 4 diamond mine to a partner, a person with direct knowledge of the transaction said on...

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World’s top diamond miner Alrosa output up 14% in first half of 2017

World’s top diamond miner Alrosa output up 14% in first half of 2017

Russia’s Alrosa (MCX:ALRS), the world’s top diamond producer by output in carats, produced 14% more in the first half of this year than in the same period of 2016, thanks to higher grades achieved from several pipes. The miner...

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Botswana Diamonds soars on lucky find at South Africa’s Ontevreden

Botswana Diamonds soars on lucky find at South Africa’s Ontevreden

Shares in London-listed Botswana Diamonds (LON:BOD) climbed as much as 24% after it announced that prospecting work at the Ontevreden licence, in South Africa, had identified a group 2 kimberlite pipe. Initial indications show a size of 1.5 to...

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