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The Cullinan Mine
Petra lowers price projections, starts retrenchment process
20th December 2024 By: Creamer Media Reporter

Amid continued weakness in the global diamond industry, London-listed Petra Diamonds has lowered its price expectations for 2025 and initiated a Section 189 retrenchment process affecting the group... 


The 2 488 ct Motswedi
Lucara names 2 488 ct and 1 094 ct diamonds
18th December 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has named the 2 488 ct diamond recovered at its Karowe mine, in Botswana, in August Motswedi, which means a water spring or the flow of underground water... 


The Ekati mine
Burgundy sold $93m of diamonds in its fourth quarter sales cycles
17th December 2024 By: Creamer Media Reporter

ASX-listed Burgundy Diamond Mines, which operates the Ekati mine in Canada, generated revenue of $93-million from two sales cycles in the fourth quarter. Its October sales cycle generated... 


Diamond exploration drilling in Botswana
Botswana Diamonds uncovers new kimberlite targets using AI
12th December 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds has analysed and evaluated nearly 400 000 km of airborne geophysical and other exploration data using AI techniques and powerful computing, which would otherwise have... 


Harmony's Moab mine
PGM, chrome and diamonds drove mining output higher in October
10th December 2024 By: Marleny Arnoldi

Statistics South Africa reports that mining production increased by 1.4% year-on-year in October, with the largest positive contributors having been platinum group metals (PGM), chromium ore,... 


An image of Otlotleng Moshupa, South Africa's winner for the De Beers' jewellery competition
De Beers Group announces 2024 jewellery design competition winners
9th December 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group has announces the winners of the 2024 Shining Light Awards, a jewellery design competition for designers from the countries where De Beers recovers diamonds, including... 


Image of Thorny River diamonds 2018
Thorny River diamond dyke project, South Africa – update
6th December 2024 By: Sheila Barradas

South Africa’s Department of Mineral Resources and Energy has approved the environmental authorisation for one of two mining permit applications on the Thorny River project. 


IHC Mining recognises the value of your resources, helps bring out the best
IHC Mining recognises the value of your resources, helps bring out the best
5th December 2024

For every phase in the mining life cycle for raw materials, mining equipment and services supplier IHC Mining provides reliable, integrated solutions, fully tailored to specific demand for mineral... 


Karowe
Lucara sets 2025 sales guidance at up to 420 000 ct
4th December 2024 By: Darren Parker

Diamond producer Lucara Diamond Corp expects to sell between 400 000 ct and 420 000 ct in 2025 for a total diamond revenue of $195-million to $225-million. CEO William Lamb said in an operational... 


Rio Tinto’s Beyond Rare diamond tender delivers strong results
Rio Tinto’s Beyond Rare diamond tender delivers strong results
4th December 2024 By: Creamer Media Reporter

Diversified mining company Rio Tinto’s second Beyond Rare tender has achieved a strong result, underscoring the rarity and unique provenance of the diamonds on offer. The auction, which featured... 


An image showing the Letšeng mine
Gem Diamonds announces extended life-of-mine plan, revolving credit facilities
3rd December 2024 By: Tasneem Bulbulia

London-listed Gem Diamonds has announced a revised life-of-mine plan for its Letšeng mine, in Lesotho, as well as a two-year extension to the group’s revolving credit facilities.  The revised plan... 


De Beers capitulates on diamond strategy with big price cuts
De Beers capitulates on diamond strategy with big price cuts
2nd December 2024 By: Bloomberg

De Beers has cut diamond prices by more than 10% across the board as the world’s biggest producer abandons attempts to put a floor under the slumping market. The diamond industry has been struck... 


Botswana Diamonds receives environmental authorisation for Thorny River
29th November 2024 By: Sabrina Jardim

South Africa’s Department of Mineral Resources and Energy has approved the environmental authorisation for one of two mining permit applications submitted by Aim-listed Botswana Diamonds on the... 


Rough diamonds
Omani firm replaces sanctions-hit Alrosa in Angolan diamond miner
29th November 2024 By: Reuters

A subsidiary of the sovereign wealth fund of Oman is replacing Russian sanctions-hit Alrosa in Angola's state-controlled diamond miner Catoca, an Angolan official said on Thursday. Angola has been... 


Cut and polished diamonds
Botswana to become certifier in G7 Russian diamond ban
28th November 2024 By: Reuters

Major African diamond producer Botswana will join Antwerp as an origin certifier of rough diamonds for export to the G7 which banned imports of Russian stones from the start of this year, a joint... 


botswana diamonds drilling
Botswana Diamonds gets environmental approval to drill in the Kalahari
27th November 2024 By: Darren Parker

Aim-listed Botswana Diamonds has received environmental authorisation from the Botswana Department of Environmental Affairs and the Ministry of Environment and Tourism to drill its two targets in... 


Lucapa unveils restart plan for idled Merlin diamond mine in NT
Lucapa unveils restart plan for idled Merlin diamond mine in NT
26th November 2024 By: Mariaan Webb

Miner and explorer Lucapa Diamond Company has announced plans to restart operations at the Merlin diamond mine in Australia’s Northern Territory, with a A$25-million, two-phase project aimed at... 


Anglo American CEO Duncan Wanblad
Anglo American sells rest of Australian coal mines for $3.8bn as part of portfolio reshaping
25th November 2024 By: Mariaan Webb

Diversified mining giant Anglo American announced on Monday the sale of its Australian steelmaking coal mines to Peabody, a US-based coal producer, for $3.8-billion. The move is part of the... 


Russia's diamond miner Alrosa to cut production and staff in 2025
Russia's diamond miner Alrosa to cut production and staff in 2025
22nd November 2024 By: Reuters

Russia's Alrosa, the world's largest producer of rough diamonds by volume, may suspend some production in 2025 and cut staff as it grapples with low global prices, the sanctions-hit company's CEO,... 


Sierra Leone woos miners to clean energy with $11bn
21st November 2024 By: Bloomberg

Sierra Leone wants mining companies to connect to the grid and help reassure renewable-energy investors there’s enough demand in the West African nation to justify an ambitious $10.9-billion power... 


Russia to continue buying diamonds through state fund in 2025
Russia to continue buying diamonds through state fund in 2025
21st November 2024 By: Reuters

Russia will continue to buy diamonds through a state fund in 2025 in order to support the diamond industry and market, Deputy Finance Minister Alexei Moiseev said on Thursday. The Russian budget... 


Sheila Khama
Opinion: De Beers resumes exploration in Angola and Botswana’s new leaders see red
15th November 2024 By: Creamer Media Reporter

In this article, policy adviser and former De Beers Botswana CEO Sheila Khama writes about De Beers' exploration in Angola and asks whether Botswana should be concerned. On October 23, De Beers... 


Image of Sandvik’s HX900 wear protection plates
Innovative wear protection plate launched in Africa
15th November 2024

A wear resistance plate combining nodular iron and cemented carbides is said to offer  unprecedented resistance to both impact and abrasion, extending the wear life of mining equipment. Sandvik... 


Mining production, sales up in September
14th November 2024 By: Tasneem Bulbulia

South Africa’s mining production increased by 4.7% year-on-year in September, Statistics South Africa reports. The largest positive contributions came from platinum group metals (PGMs) (6.7% and... 


De Beers CEO Al Cook
De Beers CEO sees talks on new Botswana diamond pact concluding soon
14th November 2024 By: Reuters

The CE of global diamonds giant De Beers, Al Cook, said that his company expected negotiations with Botswana's government over a new diamond sales pact to conclude soon. "We see negotiations... 


An image showing the Karowe mine
Lucara records strong quarter marked by exceptional discoveries, shaft sinking progress
14th November 2024 By: Tasneem Bulbulia

TSX-listed Lucara Diamond Corp recovered two exceptional diamonds larger than 1 000 ct and sold 116 221 ct of diamonds in the third quarter ended September 30, generating revenue of $44.3-million.... 


Petra names new chairperson as Shine confirms retirement
11th November 2024 By: Sabrina Jardim

London-listed Petra Diamonds says Varda Shine will not offer herself for re-election at the company's forthcoming AGM on November 13 and will retire from the board at the conclusion of that... 


Diamonds from Krone-Endora
Krone-Endora at Venetia project expansion, South Africa – update
8th November 2024 By: Sheila Barradas

Diamcor Mining intends to complete a term loan financing to expedite efforts to support the processing of significantly higher volumes. 


Botswana President Duma Boko (right)
Botswana's new President aims to clinch De Beers diamond sales pact soon
4th November 2024 By: Reuters

Botswana's new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible. De Beers, a unit of mining company... 


From left: Taanil Construction project contractor Walied Devajee; Kgatelopele local municipality corporate director and projects administrator Mildred Likotsi; executive committee member and Ward 3 Councillor Ansie van Zyl; Ward 4 Councillor Jan Slinger; Kgatelopele local municipality executive mayor and Ward 5 Councillor Irene Williams; Finsch operations executive Jaison Rajan; council whip and Ward 2 Councillor Ronel Haai; Finsch diamond mine National Union of Mineworkers representative Michelle Moeti; and MDV Kalahari Consulting Engineers project engineer Brian Bensley
Petra’s Finsch mine completes road upgrade
1st November 2024 By: Sabrina Jardim

London-listed Petra Diamonds’ Finsch mine has completed the MacKenzie road upgrade project in Danielskuil, in the Northern Cape. The project, valued at R6.2-million, was undertaken as part of the... 


An image showing trucks loading at the Krone-Endora at Venetia project in South Africa
Diamcor to raise funds to expedite increased processing at South Africa project
31st October 2024 By: Tasneem Bulbulia

TSX-V-listed Diamcor Mining intends to complete a term loan financing of up to C$1.5-million, to be used to expedite efforts to support the processing of material at significantly higher volumes at... 


Debswana's Jwaneng mine
Debswana diamond sales fall over 50% in first nine months of 2024
30th October 2024 By: Reuters

Sales of rough diamonds at the Debswana Diamond Company fell about 52% in the first nine months of 2024, data released by Botswana's central bank on Tuesday showed, as the downturn in the global... 


Anglo American's corporate head office in South Africa
Can Anglo's copper pivot help thwart renewed takeover bid?
25th October 2024 By: Reuters

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP... 


Wind farm at Anglo's Quellaveco copper mine in Peru.
Anglo advancing copper, iron-ore, crop nutrients investment proposition
24th October 2024 By: Martin Creamer

Diversified mining company Anglo American said on Thursday that it is making “excellent” portfolio simplification progress to create an investment proposition focused on copper, premium iron-ore... 


The Venetia underground mine
De Beers assessing options to lower production amid high midstream inventory levels
24th October 2024 By: Chanel de Bruyn

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 


The Letšeng diamond mine
Gem lifts third-quarter revenue on higher sales, prices
23rd October 2024 By: Creamer Media Reporter

London-listed Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, generated revenues of $42.7-million from the sale of 26 627 ct of diamonds in the quarter ended September 30. This... 


An image of Lucapa MD Nick Selby
Lucapa achieves strong diamond sales despite soft market conditions
22nd October 2024 By: Tasneem Bulbulia

ASX-listed Lucapa Diamond Company reports that the Lulo diamond mine, in Angolo, in which it has a 40% interest, sold 5 587 ct at an average price of $3 033/ct during the quarter ended September... 


Koffiefontein mine
Petra starts new financial year with higher output
22nd October 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 


An image showing the GemFair diamond toolkit
De Beers’ GemFair programme buys its 10 000th diamond
18th October 2024 By: Tasneem Bulbulia

Diamonds miner De Beers Group’s GemFair programme has reached the key milestone of buying its 10 000th diamond since its launch in 2018. GemFair focuses on developing a responsible sourcing model... 


An image of Botswana Diamonds chairperson John Teeling
Botswana Diamonds secures prospecting permit on five Marsfontein kimberlites
17th October 2024 By: Tasneem Bulbulia

Botswana Diamonds, which holds exploration licences in South Africa and Botswana, has obtained a prospecting permit covering five kimberlites known to contain diamonds in the Marsfontein region of... 


An image showing a still from the De Beers and Signet campaign
Signet, De Beers launch new natural diamond marketing campaign for young generation
16th October 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group and diamond jewellery retailer Signet Jewelers, have launched ‘Worth the Wait’, a new natural diamond campaign focused on the themes of modern love and evolving... 


Aerial view of the Diavik mine
Diavik A21 underground project, Canada – update
11th October 2024 By: Sheila Barradas

The development and construction of Phase 1 have been completed. 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


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Magazine round up | 13 December 2024
Magazine round up | 13 December 2024
13th December 2024

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