De Beers keeps special terms in place for another diamond sale

2019-09-27 21:32

De Beers is continuing its policy of offering almost unprecedented flexibility to diamond buyers as the mining company works to fend off a slump in demand for the gems, according to people familiar with the situation.

Big blue diamond found by struggling Petra at Cullinan mine

2019-09-24 10:16

The mine famous for producing expensive gems, including those in the British crown jewels.

Zimbabwe holds diamond auction for 316 000 carats

2019-09-11 11:37

Zimbabwe’s state-owned Minerals Marketing Corporation will close the auction at the end of the week, an official has said.

De Beers gem sales keep falling as buyers allowed to say no

2019-08-28 15:25

De Beers’s diamond buyers took the rare opportunity to reject stones from the biggest supplier as the company offered almost unprecedented flexibility to ease a growing crisis.

PICS: Giant diamond over 300 carats unveiled

2019-04-10 18:31

A giant diamond of 302.37 carats was unveiled to the world by Graff jewellers on Wednesday evening.

There are 2 telltale signs that a diamond is fake, according to a woman who designs and sells 6-figure engagement rings

2019-02-13 18:49

Nicole Wegman, founder and CEO of Ring Concierge, a company that designs custom engagement rings, says there are 2 ways to tell if a diamond is fake.

WATCH: Largest North American diamond in NYC

2019-01-31 11:43

The largest diamond ever discovered in North America will be on display in New York City for the next several days.

Zimbabwe may let foreigners own majority stakes in diamond mines

2018-12-05 12:08

Zimbabwe’s government may allow foreign investors to hold controlling stakes in diamond mines on condition that part of their output is reserved for domestic downstream industries.

Even more bling beneath the Earth's surface – and scientists think they know why

2018-08-07 06:44

A cache of diamonds like the world-famous, rare blue Hope diamond lies hundreds of kilometres beneath the Earth's surface. Now, scientists think they know why these precious stones lie buried so deep.

There are over a quadrillion tons of diamonds lurking 160km below the Earth's surface, according to scientists

2018-07-17 15:31

The diamonds are impossible to mine, however: They're located far deeper than any drills are capable of reaching.


Betting on the allure of legacy

2019-09-25 07:42

Petra Diamonds CEO Richard Duffy acknowledges that the diamond market has been tougher than anticipated since he took the top job in April. However, he believes there will be a recovery in time.

Idle staff spend their days watching TV while Alexkor is in crisis, Parliament hears

2019-09-18 14:30

The state-owned diamond company will run out of money by October.

A day in the life of a Russian diamond miner in Siberia, who wakes up at 5:30 a.m., spends 9 hours a day in the mine, and gets 76 vacation days per year

2019-09-01 18:03

Innokentiy Nogovitsyn works for Alrosa, the world's largest diamond miner by volume. He wakes up at 5:30 a.m. and spends 9 hours each day in the mine.

Tiffany training Africans to cut diamonds sourced from region

2019-04-15 11:07

Tiffany & Co has been expanding its workforce in sub-Saharan Africa - a region of almost one billion people where the jewelry giant doesn't have a single store.

De Beers sales sputter again as cheap diamonds remain unloved

2019-03-05 14:57

De Beers is having the worst start to a year since at least 2016, in the latest sign of difficulties plaguing the global diamond industry.

Petra slumps as it digs up too many cheap South African diamonds

2019-02-08 14:45

Petra Diamonds have fallen the most in eight months in London after the South Africa-focused miner dug up gems worth significantly less than expected.

Miners find chicken-egg sized diamond in Canada's frozen north

2018-12-15 11:27

The biggest diamond ever found in North America has been unearthed by Dominion Diamond Mines and Rio Tinto Group at a mine in Canada’s frozen north.

De Beers will allow buyers to reject cheap diamonds

2018-09-03 22:00

De Beers is allowing its diamond buyers to refuse some lower-quality stones at its sale this week, according to people familiar with the situation.

Saica charges diamond dealer’s accountant

2018-08-05 11:49

A South African Institute of Chartered Accountants (Saica) member, Munroe Swirsky, is accused of failing to return confidential documents to his diamond dealer former client.

De Beers shakes up the synthetic diamond market

2018-06-18 13:17

The mining giant has launched its own line of artificial stones, but some fear this move might backfire, and impact the price of real diamonds.

Traffic Alerts
There are new stories on the homepage. Click here to see them.


Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire network.