The diamond industry was one of the winners as the world economy rebounded from the effects of the pandemic. Consumer demand for diamond jewelry grew last year, while supply remained constrained. This ...

Jwaneng Diamond Mine: While Russia is the world's largest producer of diamonds, and is also home to the biggest diamond mine on the planet, however, the world's richest diamond is not located in ...

Sept 4 (Reuters) - Lesotho's biggest diamond mine, Letseng, has laid off 240 workers, a fifth of its workforce, as it battles persistently low gem prices due to weak demand and an uncertain global ...

In southwest Arkansas, the state government runs what might be the world’s most unusual diamond mine. For the price of a movie ticket, anyone can dig for diamonds at Crater of Diamonds State Park—and ...

Petra Diamonds has appointed a business rescue practitioner to its Finsch mine in South Africa which has been hit by stiff ...

Demand for diamond jewellery has been hit by high interest rates in the US, home to 55% of global demand, a muted post-pandemic recovery in China and competition from lab-grown di ...

A small group of nations controls the vast majority of the world’s diamond output, shaping a market defined by geology, scale, and uneven distribution. From Arctic mines to African riverbeds, these ...

After decades of growth driven by diamond mining, Canada’s Northwest Territories are facing the closure of three major mines and wondering: What’s next? A pit at the Diavik mine, one of the three ...