Schoolboy, 15, Sentenced over $1.5m Armed Jewel Heist
March 05, 26
A schoolboy aged just 15 has been sentenced for his role in an armed jewelry heist in Toronto, Canada, in which goods worth CAD 2.1m (USD 1.54m) were stolen. He was one of eight suspects involved in the raid, during which owners and customers at Malabar... Read More...
.jpg)
Petra's Losses Widen as Revenue Falls
March 05, 26Petra Diamonds' first-half net losses more than doubled to $188m, compared to those for H1 FY 2025, as revenue fell, debts increased and the global slowdown in demand for natural demands persisted. But the UK-based miner said it was looking forward ... Read More...
$3m Jewel Thieves Convicted by Their Own Smartphone Videos
March 05, 26Thieves who cut through the wall of a jewelry store to steal over $3m of jewelry have been convicted - after they took video of themselves carrying out the heist. The four-member gang - three men and one woman - spray-painted security cameras at... Read More...
Debswana Seeks New Opportunities in Copper, Platinum, Solar
March 04, 26Debswana's board has approved plans for the company to diversify into copper, platinum and solar energy as the slump in demand for natural diamonds persists. The move follows a 46% drop in revenue for 2024 (the latest available figures) and aligns with... Read More...
Ekapa Mudslide: Families Clinging to Hope for Five Miners
March 04, 26Families of five miners trapped in an underground mudslide over two weeks ago at the Ekapa diamond mine, in Kimberley, South Africa, are clinging to hope that they might still be alive. They are also angry that owners of the mine, who subsequently ... Read More...
Memo by John Jeffay
March 06It's the end of an era for Canada's Diavik diamond mine — and the start of a huge project to restore the land to its natural state. Commercial production comes to an end this month after 23 years. Regulators in Northwest Territories (NWT) officially ... Read More...