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Mining company Assmang on Monday refuted allegations that it engages in the illegal mining of sugilite at the Black Rock mine in the Northern Cape. Sugilite is described as a pink to purple...
India's exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024/25 fiscal year, which ended in March, on sluggish demand from the United States and...
Diversified mining major Anglo American is working with industry experts and regulators to expedite re-entry into its Moranbah North coal mine in Queensland, Australia, following a temporary...
A State-owned Zimbabwean mining firm is trying to protect assets that risk being seized because the country failed to honour a debt incurred when it lost an international arbitration case over...
South Africa rose to seventh position from eleventh in the emerging markets rankings section of Kearney’s Global Business Policy Council’s 2025 Foreign Direct Investment (FDI) Confidence Index, a...
London-listed Petra Diamonds has postponed its tender five sales of about 200 000 ct of diamonds recovered at the Cullinan mine, in South Africa, until there is greater clarity on the impact of...
Peabody Energy said on Tuesday it was reviewing all options related to its $3.78-billion acquisition agreement with Anglo American for some of its Australian steelmaking coal assets after an...
Lucara Diamonds has terminated its engineering, procurement and construction management contract with JDS Energy & Mining.
The Minerals Council South Africa has expressed concern about the potential damage to global economic growth and the resultant lower demand for South Africa’s minerals as a result of sweeping...
India's $32-billion gems and jewellery industry is bracing for a sharp fall in exports as hefty US tariffs will impede overseas sales to its biggest market, industry officials said. The US slapped...
Diversified miner Rio Tinto has recovered a 158.2 ct yellow diamond at its Diavik mine, in Canada – one of only five yellow diamonds weighing more than 100 ct ever unearthed at the mine in its...
Aim-listed Kazera Global’s 70%-owned subsidiary Whale Head Minerals (WHM) has issued its first invoice for the sale of 10 000 t of heavy mineral sands (HMS) mined at its operations in Alexander...
Canada-headquartered Lucara Diamonds has terminated its engineering, procurement, and construction management contract with JDS Energy & Mining (JDS), effective March 31, as it transitions to...
ASX-listed Burgundy Diamond Mines has navigated a turbulent diamond market with resilience, reporting a modest revenue decline despite broader industry struggles. The company’s flagship Ekati...
Underground development at diamond producer Lucara Diamond’s Botswana-based Karowe mine is expected to extend its operational life beyond 2040, with significant progress achieved in 2024,...
Canadian diamond miner Mountain Province expects improving market sentiment in 2025 following a difficult 2024, when weak Chinese demand and the growing presence of lab-grown diamonds pressured...
Drilling and mechanised rock excavation technology solutions company Master Drilling, which was established in 1986 and listed on the Johannesburg Stock Exchange Limited in 2012, has declared a...
Australia-listed Lucapa Diamond Company has finalised the mineral investment contract (MIC) for its Lulo joint venture (JV) in Angola, increasing its stake to 51%. Following a three-day meeting in...
Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior...
London-listed Gem Diamonds’ focus on cost containment, operational efficiencies and appropriate capital allocation yielded pleasing results for the financial year ended December 31, 2024, despite a...
Aim-listed Botswana Diamonds has applied for 11 prospecting licences to secure key polymetallic targets identified by the company’s recent AI-driven exploration programme in Botswana. The...
The Department of Mineral Resources and Energy (DMRE) has denied allegations from PP Gemstones that it is ignoring illegal sugilite mining by Black Rock mine and failing to respond to legal...
South Africa-based opencast mining contractor Trollope offers a range of services, including opencast contract mining, crushing and screening, mine infrastructure development, bulk earthworks,...
Diamond exploration and project development company Botswana Diamonds has been granted a mining permit for its Thorny River project.
Following a quarterly decline in the third quarter’s real GDP, growth bounced back in the fourth quarter of last year, which the Minerals Council South Africa says bodes well for all sectors;...
London-listed Botswana Diamonds has been granted a mining permit for its Thorny River project, in Limpopo, South Africa. The Thorny River project is close to the mined-out Marsfontein mine.
Russia's sanctions-hit diamond producer Alrosa on Friday reported a 77.3% fall in 2024 net profit year-on-year to 19.3-billion roubles ($219.32-million) on revenue of 239.1-billion roubles. Group...
World Federation of Diamond Bourses president Yoram Dvash has advised that, as of April, US customs will require the reporting of diamonds’ country of mining origin and country of origin details....
Botswana's government on Tuesday signed a long-delayed ten-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional...
Botswana-focused diamond miner Lucara Diamond Corp has reported a record-breaking 2024, highlighted by the recovery of two exceptional stones – the 2 488 ct ‘Motswedi’ diamond and the 1 094 ct...
World leader in the design, development and production of synthetic diamond advanced material solutions Element Six, part of the De Beers Group, and global leader in drilling technology solutions...
Lithium explorer and developer Winsome Resources has secured firm commitments to raise A$7.84-million through an institutional share placement as it advances its Adina lithium project in Quebec....
Independent mining group Petra Diamonds, which owns and operates diamonds mines in South Africa, has appointed two interim CEOs Vivek Gadodia and Juan Kemp to succeed Richard Duffy, who has...
Diamond miner Lucara Diamond Corp has sold the 549 ct Sethunya and the 1 080 ct Eva Star diamonds, recovered at its Karowe mine, in Botswana, for $54-million. The Sethunya, recovered in 2021, and...
This week we profile Nosiphiwo Mzamo, CEO of the State Diamond Trader, a State-owned entity operating in the diamond industry that aims to grow local diamond beneficiation
Amid ongoing challenging rough diamond trading conditions, De Beers has revised its production guidance for 2025 to between 20-million and 23-million carats, compared with previous guidance of...
De Beers said there were signs of a pick up in US diamond demand before Christmas, while India has overtaken China to become the second-biggest market. The industry has been hammered by a collapse...
Miner Anglo American's diamond unit De Beers said on Monday it had finalised negotiations with the Botswana government for a new rough diamond sales agreement and extended mining licences for its...
The inaugural South Africa Diamond Show under way at The Capetonian hotel, alongside the Investing in African Mining Indaba, in Cape Town, seeks to highlight the evolution and promotion of natural...
Known as a symbol of luxury, status and heritage, global demand for natural, mined diamonds has decreased with the growing popularity of more affordable lab grown alternatives, especially with the...
India has been emerging as a bright spot for the cut and polished diamonds amidst a slowdown in key markets such as the US and China, Amit Pratihari, managing director, De Beers India told Reuters...
London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, recovered 24 461 ct of diamonds in the fourth quarter of 2024, taking full-year production to 105 012 ct. Although...
Botswana’s President Duma Boko, who swept to power in October elections, said his government has reached a diamond extraction and sales agreement with De Beers that will bring certainty to the...
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