Russia's diamond mines, which are found sprawling across the massive Siberia region, account for around a third of the ...

Mining here is a high-tech operation. Workers use powerful drills and controlled explosions to break up the earth, then ...

It's an open-pit mine, formed around a kimberlite pipe, a rare type of volcanic rock formation that can contain high ...

London-listed Gem Diamonds’ focus on cost containment, operational efficiencies and appropriate capital allocation yielded ...

It spent $20.2 billion on diamonds in 2019 or 19.2% of the global market share. About 46% of rough diamonds are for industrial purposes, while 19% are used as gem-quality polished mineral stones.

Experts have welcomed the signing of a long-delayed rough diamond sales agreement between Botswana and South African mining giant De Beers. Representatives of the Botswana government and De Beers ...

The mechanism, part of the EU's sanctions package against Russia, is now due to come into effect on January 1, 2026.

Botswana has unearthed all of the world's largest rough diamonds over the last ... last year that was the second-biggest diamond ever dug out of a mine and the biggest in more than a century.

Botswana, the world’s largest producer of rough diamonds by value ... the country has struggled to diversify beyond mining. Despite a relatively high annual per capita income of $7,820 ...