UK-based law firm Leigh Day has filed claims in the High Court of England and Wales against London-listed Petra Diamonds and Williamson Diamonds, on behalf of 32 anonymous individuals over alleged human rights breaches at the Williamson mine, in Tanzania. Williamson Diamonds is the operator of the Williamson diamond mine,
Mining & Exploration
Diversified miner Rio Tinto has provided a virtual preview to an exclusive group of collectors, diamond connoisseurs and luxury jewellery houses of rare Argyle pink, red, violet and blue diamonds in one of the very last offerings of the iconic diamond mine. The 2020 Argyle pink diamonds tender, a collection
The World Federation of Diamond Bourses (WFDB) has appointed Kim Pelletier CEO of its newly formed Get Diamonds business-to-business trading platform. The federation says Get Diamonds is the only nonprofit diamond trading platform with a focus on “by the industry, for the industry”.
For the past six months, the global diamond hubs in Antwerp, Belgium, and Mumbai have been at a standstill, with cutting and polishing factories closed and trading floors shuttered. Now, a capitulation on prices by the biggest miners is sparking the industry back to life. After refusing to budge on
TSX-V-listed Diamcor Mining has announced that it will publish its financial results for the year ended March 31 on September 14, in accordance with an extension granted by the relevant authorities. The company, which owns the Krone-Endora at Venetia diamond project, in South Africa, initially intended to publish its full-year
Russian diamond miner Alrosa joined rival De Beers in cutting prices for its gems, but with a twist — the company changed its billing system so buyers can’t tell which stones are discounted, or by how much. The two biggest producers for months refused to cut prices even as sales