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

The global value of rough diamonds mined in 2023 dropped by over 20%, from $16 billion in 2022 to $12.7 billion, according to the latest Kimberley Process (KP) figures as quoted by IDEX Online.   Year-to-year, the volume of diamonds mined decreased by 7.6% to 111.5 million carats, with the

Gem Diamonds has recovered its eighth diamond over 100 carats this year from its Letseng mine in Lesotho. This marks a significant turnaround for the UK-based company, which only recovered five such diamonds in all of 2023.   The latest find is a 123.20-carat Type II white diamond, discovered on