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    <copyright>2026 IDEX Online</copyright>
    <pubDate>Thu, 18 Jun 2026 22:58:58 GMT</pubDate>
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      <title>Milestone Tender Opens Market to DRC Miners</title>
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      <description>A sale of rough diamonds from the Democratic Republic of Congo (DRC) in Antwerp today (18 June) broke a decades-old pattern which locked artisanal miners out of the international market.    In what is billed as a world first, a small parcel of diamonds from ...</description>
      <pubDate>Thu, 18 Jun 2026 14:00:00 GMT</pubDate>
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      <title>De Beers Sale could be "Weeks Away" says CEO</title>
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      <description>The sale of De Beers may be just weeks away, according to CEO Al Cook - ending more than two years of uncertainty for Anglo American's loss-making diamond company.    Divestiture is "closer than it has ever been," he told the Reuters NEXT...</description>
      <pubDate>Wed, 17 Jun 2026 12:00:00 GMT</pubDate>
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      <title>Union Condemns Petra's Mine Suspension and Jobs Threat</title>
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      <description>South Africa's National Union of Mineworkers (NUM) has condemned Petra over its decision to put its Finsch mine into business rescue, and to issue a jobs warning for its other deposit, at Cullinan.    The union says a total of 1,779 jobs are at risk...</description>
      <pubDate>Tue, 16 Jun 2026 12:00:00 GMT</pubDate>
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      <title>Business Rescue Plan for Finsch Mine</title>
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      <description>Petra Diamonds says business rescue practitioners (BRPs) will now see if they can find a way to save the Finsch mine, in South Africa.    They've taken custodianship of the beleaguered mine and will draw up a revised business plan that must be approved ...</description>
      <pubDate>Thu, 11 Jun 2026 15:00:00 GMT</pubDate>
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      <title>De Beers: Botswana Seeks Gulf Help to Buy Reduced Stake</title>
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      <description>Botswana is reportedly seeking financial help from UAE and Oman to buy a reduced stake in De Beers.    It had been aiming for overall control of the loss-making miner, but has scaled back its ambitions amid the worst downturn in the diamond industry's...</description>
      <pubDate>Mon, 8 Jun 2026 05:00:00 GMT</pubDate>
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      <title>Petra Suspends Operations at Finsch</title>
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      <description>Petra has suspended operations at its Finsch mine, in South Africa, blaming "an unprecedentedly weak diamond market" compounded by tensions in the Middle East and a strong rand.    The loss-making UK-based miner said there had been "a structural shift ...</description>
      <pubDate>Thu, 4 Jun 2026 03:00:00 GMT</pubDate>
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      <title>Lesotho's Biggest Diamond Mine Halts Operations</title>
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      <description>The Kao diamond mine, in Lesotho, is to halt operations at the end of this month.    Loss-making operators Storm Mountain blames a slump in sales, together with a crippling rise in fuel prices as a result of conflict in the Middle East.    It also said growing...</description>
      <pubDate>Wed, 3 Jun 2026 08:00:00 GMT</pubDate>
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      <title>GIA Buys 30% Stake in Tracr</title>
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      <description>GIA is to buy a 30% share of Tracr, the blockchain-based traceability platform developed by De Beers.    The deal, for an undisclosed sum, is likely designed to expand Tracr's reach beyond De Beers stones so it can evolve across the industry.    For GIA it reinforces....</description>
      <pubDate>Sun, 31 May 2026 00:00:00 GMT</pubDate>
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      <title>The End of the (Ice) Road?</title>
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      <description>The long-term future of the world's longest ice road - a vital supply line for diamond deposits in Canada's frozen north - is in doubt after the closure of one mines, financial difficulties of the other two, and milder winters.    The 370-mile Tibbitt to Contwoyto...</description>
      <pubDate>Tue, 26 May 2026 05:00:00 GMT</pubDate>
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      <title>High-Value Stones Boost Gem Diamonds' Revenue</title>
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      <description>Gem Diamonds reported higher revenue for Q1 2026, driven by large, highâ€‘value recoveries, even though the total volume of rough sold was lower than usual.    The company reported total revenue of $32.1 million for the quarter, which includes an exceptional parcel...</description>
      <pubDate>Thu, 21 May 2026 05:00:00 GMT</pubDate>
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