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Angola’s State-owned diamond producer said some clients were deterred by its partnership with Russia’s Alrosa PJSC, but underlined that its output doesn’t fall under western sanctions. Russian...
Canada-headquartered Lucara Diamond is selling its 100% interest in the Clara rough diamond sales platform to its original founders, a group led by the HRA Group of Companies and Eira Thomas. Clara...
De Beers group managed operations CEO Moses Madondo has said the supply of natural diamonds has peaked, with dwindling new discoveries on the horizon. “We must recognise that we are already past...
Rio Tinto has launched its 2024 ‘Beyond Rare’ tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business. Titled...
Platinum jewellery remains a growing opportunity, according to marketing organisation the Platinum Guild International’s (PGI)’s ‘2024 Platinum Jewellery Business Review’. “Platinum means quality...
Anglo American expects to receive binding offers for its steelmaking coal assets by mid-November as it advances a plan to restructure the business after battling a takeover offer from rival BHP...
Diamond mining company Petra believes that diamond prices will stabilise through to the end of this year with some improvement expected in 2025. The average diamond price realised by Petra in...
London-listed Gem Diamonds has recovered a 212.91ct Type II white diamond at the Letsěng mine in Lesotho. This is the thirteenth diamond greater than 100 ct recovered this year.
Petra Diamonds’ Cullinan diamond mine (CDM) has successfully launched its Gumboot Recycling project, aimed at reducing plastic waste while supporting education through its Schools’ Support...
Australia-headquartered Winsome Resources has outlined a path to production for its Adina project, in Quebec, Canada, with a scoping study determining that the Renard diamond mine’s processing...
Canada-headquartered Lucara Diamond Corp has recovered a 1 094 ct rough diamond from its Karowe mine, in Botswana. This is the sixth diamond weighing more than 1 000 ct to be recovered at the mine...
Slurry pump technology company Goodwin Submersible Pumps Africa has extended its range of slurry pumps for the mining industry to include an acid-resistant super duplex stainless steel (SDSS)...
LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this...
The Zimbabwe Mining Law Masterclass 2024, hosted by research and market analyst company African Influence Exchange (AIE) last month, responded to the rapidly changing regulatory environment in...
London-listed Gem Diamonds has recovered a 122.2 ct Type II white diamond at its 70%-owned Letšeng mine, in Lesotho. This is the eleventh diamond weighing more than 100 ct to be recovered at the...
Botswana's State-owned Okavango Diamond Company (ODC) seeks a $300-million credit facility from local banks to support larger volumes of diamond purchases, Finance Minister Peggy Serame said on...
London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, has increased its production guidance for the 2024 full-year to between 98 000 ct and 101 000 ct being recovered...
London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year.
President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity...
ASX-listed Lucapa Diamond Company has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.4-million for the six months ended June 30 – a 13% year-on-year...
Two mining giants are re-routing shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations. Rio Tinto Group...
To develop an improved understanding of the extent to which mining matters to nearby communities, and more broadly to South Africa as a whole, mining industry lobby association Minerals Council...
South Africa’s small-end diamond producers are battling to survive in a diamond situation in South Africa which is under severe pressure, South African Diamond Producers Organisation (Sadpo)...
Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray...
Aim-listed Botswana Diamonds (BOD), which holds exploration licences in Botswana and South Africa, has started with an AI programme on its Botswana database, which will assist in a comprehensive...
Botswana intends to renegotiate its proposed purchase of a stake in Belgian gem dealer HB Antwerp to double the size of its shareholding at no extra cost following the downturn in the diamond...
Pandora A/S’s chief executive officer expects it will take less than ten years before consumers buy more lab-grown diamonds than mined stones because they increasingly weigh up costs and climate...
London-listed Gem Diamonds sold 56 944 ct of diamonds recovered from its Letšeng mine, in Lesotho, generating $77.9-million for the six months ended June 30. This represents a 9% increase on the 52...
Botswana plans to reduce spending on new vehicles and travel for government officials and may delay some capital projects to deal with a slump in diamond revenues, according to its finance...
Diamond producer Lucara Diamond Corp sold 76 387 ct of diamonds, generating $41.3-million in revenue, during the second quarter ended June 30. The company recovered 92 419 ct of diamonds at a grade...
Despite the significant changes and challenges seen this year within Petra Diamonds – with cost cutting across all areas of the business, which inevitably affects various initiatives within the...
Aim-listed Botswana Diamonds has undertaken a placing and subscription with existing and new investors to raise £250 000 through the issue of new ordinary shares. This includes a cash subscription...
London-listed Gem Diamonds has recovered a 145.55 ct Type II white diamond at the Letsěng mine, in Lesotho, on August 3. This is the ninth greater-than-100 ct diamond recovered this year.
London-listed Petra Diamonds has decided to postpone its August/September tender to support steps taken by major producers to restrict supply in the current weaker demand environment. The rough...
Star Diamonds Corp has reported a mineral resource estimate for the project.
Lithium explorer and developer Winsome Resources has extended the exclusive option to acquire the Renard project, in Canada, to the end of 2024, buying the company more time to complete its due...
Sales of rough diamonds at Debswana Diamond Company fell 49.2% in the first half of 2024, according to data released by the Botswana central bank late on Wednesday, as the downturn in the global...
ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the...
Diversified miner Rio Tinto and Aymium have formed a new joint venture (JV) named Évolys Québec to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large-scale...
The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,...
ASX-listed Lucapa Diamond Company has sold six diamonds recovered from the Lulo mine, in Angola, in a special tender for $12.4-million. The diamonds totalled 447 ct and consisted of five white...
The Orion South Diamond project has a mineral resource estimate, TSX-listed Star Diamonds announced on Wednesday. The company bolstered the indicated mineral resource by 22% to 34.8-million carats...
Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June....
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