In 2022, Canada‘s trio of diamond mines – Ekati, Diavik, and Gahcho Kue – reached an unprecedented production value of US $1.58 billion (CAN $2.17 billion), as reported by Canada’s Natural Resources Department (NRCan).    According to IDEX Online, this marks a substantial 28% surge for these Northwest Territories-based mines.

De Beers has reported a 23% decline in rough diamond production for the third quarter of 2023, mainly attributed to planned reductions in its mines in South Africa, Diamond World reports.   In Q3, the total rough diamond production for De Beers totaled 7.4 million carats, with South Africa’s Venetia

Namdia, Namibia’s state-owned diamond marketing firm, achieved a remarkable 63% revenue increase, reaching a record $210 million, IDEX Online reports. Namdia is responsible for selling 15% of the run-of-mine production from Namib Desert Diamonds (Namdeb), a joint venture between De Beers and the Namibian government. The company reported a gross

Rio Tinto has reported a 37% drop in third-quarter production at its Diavik diamond mine in Canada’s Northwest Territories, IDEX Online reports.    This decline is attributed to the completion of an underground pipe and challenges in the open pit section of the mine, located 200 miles from the Arctic

Russian mining giant Alrosa has announced the recovery of an irregular-shaped diamond weighing 390.7 carats – Alrosa’s largest recovery in a decade,” according to IDEX Online. The gem is described “as a light crystal of irregular shape, bordered by a yellow-brown halo.”    The stone was recovered by Alrosa’s subsidiary