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Africa is endowed with great mineral wealth, but not with the financial wealth required to develop mines to extract minerals – such as gold, diamonds, platinum-group metals, cobalt, manganese and...
By: Henry Myburgh - Strategic Account Manager at Vertiv Africa Mining remains a cornerstone of economic output across many Sub-Saharan African nations, often contributing a substantial share of...
Under the watchful eye of M23 rebels in the hills around the Congolese town of Rubaya, a line of men in rubber boots ferry sacks full of crushed rocks up winding paths cut into the slopes. The...
De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on Tuesday, its first such discovery in three decades. The Anglo American...
Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high...
Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s...
London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal...
After attending a high-level Ministerial roundtable in Luanda, Angola, in June, Mineral and Petroleum Resources Minister Gwede Mantashe has proposed that South African diamond producers contribute...
Martin Creamer talks about Valterra Platinum, De Beers and Kumba Iron Ore
Australia-listed Winsome Resources has terminated its option to acquire the Renard diamond mine in Quebec, stepping back from a deal that is seen as key to fast-tracking lithium production at its...
London-listed Botswana Diamonds has been awarded four prospecting licences in Botswana following an extensive country-wide AI-driven exploration programme which generated several highly prospective...
There is significant growth and transformation in Angola’s mining industry, driven by strategic reforms, infrastructure development and an increase in foreign investment, attendees of the Investing...
London-listed Gem Diamonds’ share price fell by more than 22% on July 23 after the company announced plans to scale back operations at its Letšeng mine, in Lesotho, to reduce costs in a difficult...
World Federation of Diamond Bourses (WFDB) president Yoram Dvash has raised concern about the “meteoric” rise in the penetration of synthetic diamonds into the market, which he believes threatens...
Lack of Qualified Artisans South Africa, for example, needs 30,000 artisans annually but only produces 15,000, leading to significant skills gaps.
Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a...
Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the government believes that it hasn’t been properly consulted, people with...
President Donald Trump told leaders from five African nations on Wednesday that he was shifting the US approach to the continent from aid to trade and that the United States is a better partner for...
South African manufacturers lag behind their mining counterparts in terms of renewable energy wheeling, presenting both opportunity and risk, writes Discovery Green Head Andre Nepgen. South Africa...
Canadian private company Arctic Blue Diamonds has secured an 89.7% controlling interest in the WO diamond project, home to one of the country’s biggest undeveloped diamond-bearing kimberlites,...
South Africa’s derelict and ownerless mine rehabilitation programme has gone beyond rehabilitation to include the closure of hazardous old shaft openings as well as apertures created by illegal...
Following the early-May announcement of its intention to close its laboratory-grown diamond (LGD) jewellery business – Lightbox – diamond major De Beers Group’s focus in the jewellery sector will...
As the diamond mining industry continues to face growing challenges such as resource depletion, rising operational costs and increasing competition from synthetic diamonds, pump supplier Schurco...
Association the World Federation of Diamond Bourses has expressed its full support for the Luanda Accord, the agreement reached among major diamond-producing countries and trading centres to fund...
Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The...
Angola has through its newly established Angola Diamond Exchange started the process of joining the World Federation of Diamond Bourses (WFDB), which marks a significant milestone in the country’s...
Diversified major Rio Tinto will invest C$7.6-million in an industrial demonstration project aimed at assessing the integration of ore sorting technology at its Lac Tio mine, in Havre-Saint-Pierre,...
Okavango Diamond Company (ODC), a Botswana-based rough diamond marketing company, and Debswana Diamond Company, one of the world’s leading diamond producers, today announced the onboarding of ODC’s...
London-listed Petra Diamonds sold 613 682 ct of diamonds for $53-million during its combined Tender 5 and 6 sales cycle, taking year-to-date revenues to $239-million from the sale of 2.39-million...
A subsidiary of Oman's sovereign wealth fund has replaced sanctions-hit Russian firm Alrosa as a shareholder in Angola's state-controlled diamond miner Catoca, according to the shareholder...
Botswana's Debswana Diamond Company is temporarily pausing production at some of its mines, cutting output in response to prolonged weakness in the global diamond market, it said on Friday. The...
Anglo American is about to begin a formal sales process for De Beers, after receiving indications of interest from potential buyers that include two former chief executives of the iconic diamond...
Mining risk stakeholders and security forces will join their knowledge and understanding of one of the biggest threats to the sector, illegal mining. This objective platform, undertaken by Pinpoint...
Australia-listed EV Resources (EVR) on Monday announced an agreement to sell its Yanamina gold and silver project in Peru for up to $6-million as the company continued to offload noncore assets....
Star Diamond will raise up to C$4.8-million from Luxembourg-based Spirit Resources as the company aims to advance the project.
With South Africa’s share of global exploration expenditure in mining having dropped below 1% in recent years, the longevity of this legacy industry in the country depends on encouraging more...
Iron-ore mining company Kumba Iron Ore will chair and host the Northern Cape Mine Managers’ Association (NCMMA) for the next year. The chairpersonship allows Kumba to lead the association’s...
Richard Tucker and Paul Pracilio of advisory and investment firm KordaMentha have been appointed as voluntary administrators to ASX-listed Lucapa Diamond Company, Brooking Diamonds, Heartland...
Sustained efforts aimed at mineral diversification are necessary for safeguarding the future of Botswana’s mining economy, highlights Botswana Mining and Energy (BME) Conference and Expo event...
London-listed miner Petra Diamonds says the third quarter of its 2025 financial year marked another period of steady operational delivery across the group, with it continuing to execute on its...
Canada’s mining industry delivered solid growth in 2023, contributing C$117-billion, or 4% of GDP, and directly employing 430 000 people. However, the sector faces pressure from regulatory...
Kimberley Process (KP) chair Ahmed Bin Sulayem of the United Arab Emirates (UAE) has revealed that more than 1.06-billion carats of combined rough and polished diamonds were traded through Dubai in...
The World Diamond Council (WDC) has praised the progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after what it said was “a successful week of open and...
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