De Beers has upheld its 2024 production guidance, targeting 23 to 26 million carats, as the midstream continues to manage elevated inventory levels and recovery timelines remain extended, according to IDEX Online.   The company, 85% owned by Anglo American, reduced its rough diamond output in Q3 by 25% to

Anglo American CEO Duncan Wanblad has ruled out any “flip-flop” on plans to sell its 85% stake in Diamond company De Beers, asserting that the diamond miner no longer fits within its portfolio, reports Rough & Polished.   Wanblad, speaking at the Financial Times Mining Summit in London, cited low

Gem Diamonds has discovered an enormous 212.91-carat Type II white diamond at the Letšeng mine in Lesotho. This is the second diamond over 100 carats that Gem has unearthed recently, following the discovery of a 126.21-carat Type II diamond on September 6.   Since the beginning of the year, Gem

Lucara Diamond Corporation has announced the discovery of a remarkable 1,094-carat diamond at its Karowe Diamond Mine in Botswana. This marks the company’s second major find in recent weeks, following the recovery of a 2,492-carat diamond from the same mine less than a month ago – the second-largest diamond ever

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