diamonds Tag

Ruby and emerald miner Gemfields Group will rejoin London’s alternative investment market (AIM) on February 14th, three years after a hostile takeover deal took the company private.   Gemfields was acquired by major shareholder Pallinghurst for US$212 million in 2017 but is now poised to return...

[caption id="attachment_23668" align="alignleft" width="550"] Image: Rio Tinto Flikr[/caption] Western Australia’s iconic Argyle mine has produced one of the largest gem-quality white diamonds in its 35-year history, after Rio Tinto uncovered a 28.83 carat stone in March. The diamond has been named Argyle Octavia for its unusual octahedral...

A diamond necklace featuring the largest ever D-flawless, emerald cut diamond has sold for US$33.7 million at an auction at Christie’s in Geneva, Switzerland. The 163-carat precious stone was first discovered in 2016 by Australian miner Lucapa Diamond in Angola. The original 404-carat rough stone is...

De Beers Group announced the launch of De Beers Ventures to focus on investing in start-ups and growth companies. The new subsidiary will engage in minority equity positions in areas including downstream distribution, consumer brands, marketing platforms, security, cutting and polishing and imaging technologies. Through the investments...

Anglo American’s diamond division De Beers launched the world’s biggest diamond exploration ship off the coast of Namibia seeking to consolidate high production levels until 2035. The 12,000 tonne, US$157 million SS Nujoma will enable Debmarine Namibia, a 50/50 joint venture between Nambia’s government and De...