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.... 

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 

This week: Petra Diamonds focusing on refinancing $250-million loan notes and, Green ammonia ousting coal in power stations 

The University of Pretoria's Gordon Institute of Business Science (GIBS), the Antwerp World Diamond Centre (AWDC) and the University of Antwerp, Belgium have launched the 2025 edition of the Winter... 

Diamond miner De Beers’ new rough diamond sorting, valuation and sales building Sky Park, in Johannesburg, has received a five-star interior green rating and two four-star green building ratings... 

Martin Creamer talks about platinum mining, diamonds and green hydrogen. 

Mining Weekly Editor Martin Creamer discusses the projected downward path of platinum; Petra Diamonds looking to refinance its $250-million loan notes; and Hive Hydrogen South Africa completing... 

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 

Rhodes and his Banker is an account of the remarkable friendship between a larger-than-life historical figure and a modest, unassuming banker, both of whom were personally involved in all the major... 

Trade union Uasa has signed a five-year wage agreement with the management of the Cullinan mine, which is owned by London-listed Petra Diamonds. The agreement is effective from July 1 this year... 

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 

Toronto-listed Star Diamonds has announced it will buy the remaining 50% stake in the Buffalo Hills project, in Alberta, gaining full ownership of the asset. Early last year, Star dusted off the... 

With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery... 

Now that floodwaters have receded after a severe wet season in Angola, ASX-listed Lucapa Diamond Company says its immediate focus is on sampling kimberlites closer to the Cacuilo river, as these... 

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 

Statistics South Africa (Stats SA) has reported that seasonally adjusted total mining production declined by 0.6% month-on-month in May. This follows a 0.8% month-on-month rise in April. In level... 

ASX-listed Burgundy Diamond Mines is intensifying its efforts to extend the operational lifespan of its Misery underground mine, located in Canada. The initiative is part of Burgundy’s broader... 

Effectively Navigate Regulatory Frameworks and Compliance Strategies in the Zimbabwean Mining Industry! The Zimbabwe Mining Law Masterclass emerges as a response to the regulatory landscape of... 

London-listed Petra Diamonds has generated $38-million of revenue in its seventh tender cycle for the year, having sold 337 064 ct. This brings revenue for the 2024 financial year to... 

Diamond miner Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, has appointed Dr Lauren Freeman as mineral resources VP, with effective from July 1. In her new role,... 

London-listed Gem Diamonds has recovered a 123.20 ct Type II white diamond from the Letšeng mine, in Lesotho. This marks the eighth diamond greater than 100 ct in size that the company has... 

London-listed Petra Diamonds has shared its plan for a sustainable reduction of $30-million a year in operating costs from the 2025 financial year, as well as a smoothing of its development and... 

Diamond miner De Beers sold $315-million worth of rough diamonds in the fifth sales cycle of this year, compared with the $383-million worth of diamonds sold in the fourth cycle of this year. Sales... 

After three years of meticulous and dedicated hard work, the Rhisotope Project at Wits University has successfully inserted low doses of radioisotopes into 20 live rhinoceros. In this final phase... 

Diamond exploration company Karelian Diamonds has unveiled promising indications of nickel, copper and platinum group elements (PGE) in its licence areas in northern Ireland. This follows an... 

Australian company Gibb River Diamonds has acquired two uranium projects in Namibia, comprising six exclusive prospecting licences covering 1 828 km2. The company, which is also developing the... 

Botswana's economy may fall short of the government's 4.2% growth target for this year, a senior central bank official said on Tuesday, citing global and domestic constraints. Finance minister... 

While the diamond sector probably has more uncertainty now than at any other point, participants also probably have a bigger opportunity than ever to shape what the future will look like. “One...