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Rough diamonds
Angola diamonds not under sanctions but Russia link is obstacle
7th October 2024 By: Bloomberg

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... 


An image showing the Karowe diamond mine in Botswana
Lucara divests of Clara sales platform
7th October 2024 By: Tasneem Bulbulia

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
Natural diamond supply has peaked, De Beers’ Madondo says
4th October 2024 By: Darren Parker

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 showcases historic collection of rare coloured diamonds
Rio Tinto showcases historic collection of rare coloured diamonds
4th October 2024 By: Creamer Media Reporter

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... 


An image showing jewellery from the Men of Platinum 2023 Collection
Increased interest in platinum jewellery across key markets – PGI
27th September 2024 By: Tasneem Bulbulia

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 CEO Duncan Wanblad
Anglo expects binding offers for Australian coal assets by mid-November
26th September 2024 By: Reuters

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... 


Petra CEO Richard Duffy
Petra sees diamond prices holding steady to end 2024, with some improvement in 2025
25th September 2024 By: Martin Creamer

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... 


The 212.91 ct Type II white diamond
Gem recovers 212.91ct diamond at Letsěng
23rd September 2024 By: Sabrina Jardim

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. 


An image showing beneficiaries of Petra's Gumboot Recycling project
Diamond miner turns gumboots into school shoes for learners
20th September 2024 By: Tasneem Bulbulia

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... 


Study finds Renard diamond facility can be repurposed for lithium production
Study finds Renard diamond facility can be repurposed for lithium production
17th September 2024 By: Mariaan Webb

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... 


The Karowe undergorund expansion project
Lucara recovers sixth diamond larger than 1 000 ct at Karowe
16th September 2024 By: Creamer Media Reporter

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... 


A generic image of a slurry pump
Company extends pump range
13th September 2024

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)... 


The 126.21 ct diamond recovered at Letšeng on September 6
Gem recovers 126.21 ct diamond
11th September 2024 By: Creamer Media Reporter

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... 


VENGAI MADZIMA 
The primary goal of the Masterclass is to equip participants with the knowledge required to operate effectively within Zimbabwe’s mining sector
Masterclass responds to rapidly changing regulatory environment
6th September 2024 By: Simone Liedtke

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... 


The 122.2 ct diamond recovered at Letšeng
Gem recovers 122.2 ct diamond at Letšeng
5th September 2024 By: Creamer Media Reporter

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... 


Rough diamonds
Botswana's ODC seeks $300m in loans for diamond purchases
30th August 2024 By: Reuters

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... 


Gem raises full-year production, sales guidance, despite prices remaining under pressure
29th August 2024 By: Creamer Media Reporter

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... 


The 129.71 ct Type II white diamond
Gem recovers 129.71 ct diamond at Letsêng
28th August 2024 By: Sabrina Jardim

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
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

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... 


Lucapa posts 13% increase in interim Ebitda
23rd August 2024 By: Sabrina Jardim

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... 


Miners tap trucks, divert shipments to sidestep Canada rail woes
Miners tap trucks, divert shipments to sidestep Canada rail woes
23rd August 2024 By: Bloomberg

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... 


Four large bricks of platinum on a white background
Survey highlights PGMs’ socioeconomic contribution
23rd August 2024

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... 


Sadpo chairperson Gert van Niekerk.
South Africa’s small-end diamond producers are battling to survive, Sadpo reports
22nd August 2024 By: Martin Creamer

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)... 


The 2 492 ct diamond from the Karowe diamond mine in Botswana
Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond
22nd August 2024 By: Sabrina Jardim

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... 


Exploration drilling on a Botswana Diamonds prospect
Botswana Diamonds leverages AI to evaluate its existing mineral data in Botswana
16th August 2024 By: Marleny Arnoldi

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... 


Polished diamonds
Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer
13th August 2024 By: Reuters

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 CEO says diamond market faces disruption in next decade
Pandora CEO says diamond market faces disruption in next decade
13th August 2024 By: Bloomberg

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... 


The Letšeng mine
Gem achieves 9% y/y increase in first-half diamond sales
13th August 2024 By: Creamer Media Reporter

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... 


Haul trucks operating at a Debswana mine
Botswana to cut spending on cars, travel as diamond slump persists
13th August 2024 By: Bloomberg

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... 


large Lucara diamond
Lucara sold 76 387 ct during the second quarter
12th August 2024 By: Darren Parker

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... 


An image of Petra Diamonds group human resources (HR) and public affairs executive Thashmi Doorasamy
Programme champions women leadership
9th August 2024 By: Nadine Ramdass

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... 


Botswana Diamonds raises £250 000
7th August 2024 By: Tasneem Bulbulia

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... 


145.55 ct Type II white diamond
Gem recovers 145.55 ct diamond at Letsěng
7th August 2024 By: Sabrina Jardim

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. 


Petra Diamonds' Finsch mine
Petra defers August/September tender amid weak demand
6th August 2024 By: Marleny Arnoldi

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... 


Image of rough diamonds
Star-Orion South diamond project, Canada – update
2nd August 2024 By: Sheila Barradas

Star Diamonds Corp has reported a mineral resource estimate for the project. 


Members of the Winsome team inspecting the Renard processing facilities.
Winsome extends Renard option to year-end
1st August 2024 By: Creamer Media Reporter

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... 


Debswana's Jwaneng mine
Debswana's diamond sales fall 49.2% as market downturn continues
1st August 2024 By: Reuters

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... 


176 ct Lulo diamond
Lucapa recovers 176 ct diamond from Lulo
29th July 2024 By: Sabrina Jardim

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... 


Rio Tinto forms biocarbon JV in Quebec
29th July 2024 By: Creamer Media Reporter

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... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

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,... 


Lucapa diamonds from the Lulo mine, totalling 447 ct
Lucapa concludes special tender worth $12m
25th July 2024 By: Marleny Arnoldi

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... 


Star-Orion South diamond resource estimate upgraded
Star-Orion South diamond resource estimate upgraded
25th July 2024 By: Creamer Media Reporter

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... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

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