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Latest News & Stories

Coronavirus: De Beers Dips into the Red

De Beers posted a $102m loss for 2020 as the pandemic took its toll, compared with a $45m profit the previous year. It's the first time it's dipped into the red since 2008, when parent company Anglo ... Read More..

Alrosa's 242-carat Diamond to Fetch "Well Over $2m"

Alrosa is to sell one of the largest diamonds it has recovered since 2000. It says the 242.31-carat gem-quality stone could fetch well over $2m. The rough stone will be offered for sale at the Russian ... Read More..

Judge Approves Modi's Extradition over Alleged $1.85bn Fraud

Fugitive diamond billionaire Nirav Modi should be extradited to India, a UK judge ruled, overruling arguments that his mental health would suffer and prison conditions were poor. He is accused of... Read More..

Covid Recovery: Alrosa Re-opens Processing Plant

Alrosa is to re-open its Severalmaz ore processing plant, as global demand returns. The plant, which accounts for about 11 per cent of the miner's annual rough diamond output, ceased operations ... Read More..

Indian Laborer Recovers 14-ct Diamond

An Indian laborer who leased a small patch of land in Panna in search of diamonds has recovered one of the biggest gems in recent times. Rampyare Vishwakarma and his partners found a 14.09-ct ... Read More..

Mothae Yields its Biggest Ever Type IIa D-Color Diamond

Lucapa has recovered the largest Type IIa D-color white diamond at its Mothae mine, in Lesotho, since operations began there in 2019. The 215-carat gem (pictured) is the mine's second +200-ct and... Read More..