Page 2 - Diamond Mining News Today

Dublin, Oct. 18, 2023 (GLOBE NEWSWIRE) -- The

The world’s largest diamond mining company, the De Beers Group, has suspended all online rough auctions for the remainder of the year.

Additionally the appeal also called for measures to be taken to support the artisans during this period, thereby ensuring that there is no adverse impact on their livelihoods.

The Indian diamond trade has decided to halt imports of rough diamonds from major mining companies for two months starting from October 15. This decision comes as the demand for cut and polished diamonds in the US and China has been slowing down. The move aims to reduce the industrys polished stock inventory, protect its financial health, and save jobs for approximately two million workers.

Russian diamond mining juggernaut Alrosa has cancelled its next two allocations amid concerns about declining demand.

Diamond mining company Alrosa has confirmed the discovery of Russia's largest gemstone-quality diamond in the past decade.

The world’s largest diamond mining company, the De Beers Group, has relaxed purchasing rules for sightholders in a move to address accumulating inventories.

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This submission focuses on teenage pregnancy and child marriage as barriers to the rights to health and education, rights abuses in tobacco farming and diamond mining, the right to free and compulsory education, and the protection of education from attack.

The US$2.3 billion investment to take South Africa’s leading diamond mine underground bolsters De Beers’ global production and will benefit the South African economy and host communities until at least 2045