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Home > Diamond News Center > Diamond News > Mining

Mining Diamond News

Alrosa Sells Inventory To Hit Record Revenues, Profits

01.09.14, 09:45 / Mining
Russian diamond miner Alrosa reported that revenue surged by 27% to reach $2.83 billion in the first half of 2014.

Brazil Minerals To Process Diamonds Round The Clock

31.08.14, 11:23 / Mining
The largest alluvial gold and diamond processing plant in Latin America will now also become the busiest, after hiring a team of new workers to ensure that operations continue around the clock.

Lucara Diamond Corp Upbeat After Strong 2014 H1

19.08.14, 11:21 / Mining
Lucara is feeling so confident about its sales results from the first half of 2014 that it jacked up its revenue forecast for the year by around 60%, predicting that it will take in between $240 million and $250 million by year's end.

Diamond Target Upgrade Rejuvenates Petra Stock

19.08.14, 09:59 / Mining
With an announcement that production at its diamond project in South Africa would be higher in the coming year than in the past year, Petra Diamonds triggered a welcomed rally on its London-listed stock.

Gem Diamonds Scores In H1 With Letseng Production

30.07.14, 09:57 / Mining
Gem Diamonds reported an "exceptional first-half underpinned by an excellent operational performance and strong growth potential".

Petra's Diamond Production, Revenue Both Rise By 17%

29.07.14, 09:58 / Mining
Petra Diamonds’ fiscal 2014 production rose 17% to 3.11 million carats due to increases at the Finsch, Williamson, Koffiefontein and Kimberley underground mines, partially offset by reductions at the Cullinan and Helam operations.

Letseng Diamond Resource Twice As Big As 1st Thought

17.07.14, 10:49 / Mining
After carrying out additional studies, the diamond company operating a mining project in the southern African nation of Lesotho has come to the conclusion that the precious gems buried there are more than twice as numerous as they had first thought.

Marange Miners Cut 400 Jobs, Pay No Dismissal Benefits

01.07.14, 09:55 / Mining
Diamond mining companies operating in the Marange diamond deposits in Eastern Zimbabwe will this week lay off more workers in a move that will result in more than 400 job losses.
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