Gem Diamonds has mined another large diamond weighing over 100 carats at the Letšeng diamond mine in Lesotho, as reported by Diamond World.   According to the report, Gem’s latest discovery is a 122.20-carat, Type II white diamond. This is the 11th diamond over 100 carats found at the Letšeng

Mining giant Anglo American is weighing whether to proceed with an Initial Public Offering (IPO) of diamond company De Beers or sell the company, amidst the ongoing weak demand for natural diamonds, according to a report by IDEX Online.   A spokesman for De Beers stated that both options are

A huge 391.45-carat Type II diamond has been discovered at the Meya mine in Sierra Leone, according to IDEX Online. This is the second-largest diamond ever found at this deposit.   Company executives expressed both satisfaction with the discovery and disappointment that the diamond was originally part of an even

Gem Diamonds has extracted a 129.71-carat white Type II diamond from the Letšeng mine, in which it holds a 70% stake, as reported by Rough&Polished. This is the tenth diamond weighing 100 carats or more that Gem has produced at the Letšeng mine so far this year. The latest discovery

Canadian mining company Lucara reports the discovery of a massive 2,492-carat diamond at the Karowe Mine in Botswana – the second largest diamond ever found.   In a statement released yesterday (August 21), Lucara expressed its excitement over the remarkable find.   The enormous diamond is the largest discovered in

De Beers is set to announce another reduction in its 2024 production forecast due to deteriorating market conditions, particularly in China, IDEX Online reports.   Duncan Wanblad, CEO of De Beers’ parent company Anglo American, stated that his team is “actively assessing options with our partners to further reduce production