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Diamonds in the rough

Anglo American, courtesy of its De Beers division, is in the news today thanks to a poor outlook for diamonds, but the company with a bigger problem is the world’s third biggest diamond miner, Rio Tinto.

Mining Journal
At 12.76 carats, Argyle’s Pink Jubilee diamond made history as the biggest pink rough diamond found in Australia

At 12.76 carats, Argyle’s Pink Jubilee diamond made history as the biggest pink rough diamond found in Australia

Anglo American’s diamond output released this morning showed an 11% fall for the year-to-date when compared with the same period last year and a 25% fall quarter-on-quarter as the company looked to "better...

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