It plans to reduce operating costs by $1.4-$1.6 million monthly and cut 20% of it workforce at its Letšeng mine in Lesotho.

Russia’s diamond industry is not experiencing a full-scale crisis, and the actual situation has turned out to be better than anticipated, Russian Deputy Finance Minister Alexey Moiseyev said in ...

Cheap man-made diamonds are making life harder for miners, flooding the market with gems nearly indistinguishable from ...

Angola's Ministry of Mineral Resources, Oil and Gas, said the deal had been formalised on May 26. In November, Angola said having sanctions-hit Alrosa as a shareholder in the Angolan diamond miner ...