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Petra Diamonds CEO Richard Duffy
Petra Diamonds focusing on refinancing $250-million loan notes
17th July 2024 By: Martin Creamer

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... 


Star Diamond dusts off Buffalo Hills file
Star Diamond dusts off Buffalo Hills file
17th July 2024 By: Creamer Media Reporter

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... 


Williamson diamond mine at steady state.
Petra expects diamond prices to show modest recovery in 2025
16th July 2024 By: Martin Creamer

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... 


Lucapa focuses on sampling near Cacuilo river following floods
15th July 2024 By: Sabrina Jardim

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... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

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... 


Mining output on track for second-quarter decline – Minerals Council
12th July 2024 By: Sabrina Jardim

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... 


Burgundy sees extension potential at Ekati's Misery underground mine
Burgundy sees extension potential at Ekati's Misery underground mine
10th July 2024 By: Mariaan Webb

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... 


Zimbabwe Mining Law Masterclass
10th July 2024

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... 


Petra Diamonds' Cullinan mine, in South Africa
Petra Diamonds concludes last sales cycle for FY24, generates higher revenue
4th July 2024 By: Marleny Arnoldi

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... 


Lucara appoints mineral resources VP
2nd July 2024 By: Creamer Media Reporter

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,... 


123 ct Type II white diamond recovered from Letšeng mine
Gem Diamonds recovers 123 ct diamond from Letšeng
2nd July 2024 By: Marleny Arnoldi

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... 


Petra CE Richard Duffy
Petra shares plans to reduce operating costs, appoints new CFO
27th June 2024 By: Darren Parker

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... 


Diamonds being sorted
De Beers sells $315m of rough diamonds in fifth cycle
26th June 2024 By: Creamer Media Reporter

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... 


The Rhisotope Project at Wits is entering a new testing phase with the insertion of radioisotopes into 20 live rhinoceros
26th June 2024

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... 


Stream sediment sampling Northern Ireland
Karelian sees nickel, copper, PGE potential in Northern Ireland
26th June 2024 By: Creamer Media Reporter

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... 


Gibb River chairperson Jim Richards and Namibia exploration manager Nico Scholtz visit the Erongo region.
Gibb River enters Namibia uranium sector
24th June 2024 By: Mariaan Webb

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 may fall short of 4.2% growth target
18th June 2024 By: Reuters

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... 


Gemdax co-founder and partner Anish Aggarwal.
Probably more diamond industry uncertainty now than at any other point – Gemdax
14th June 2024 By: Martin Creamer

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... 


Resources Watch
Resources Watch
12th June 2024

This week: Richards Bay Minerals signs agreement for additional 140 MW of renewable energy; Platinum group metal poised to help protect world from growing water pollution threat and, Diamond... 


Petra Diamonds' Cullinan mine
Petra, NUM sign five-year wage deal
10th June 2024 By: Creamer Media Reporter

Diamond miner Petra Diamonds and labour union the National Union of Mineworkers (NUM) have signed a five-year wage agreement covering Petra's South African operations for the period July 1, this... 


Photo of Martin Creamer
On-The-Air (07/06/2024)
7th June 2024 By: Martin Creamer

Martin Creamer discusses platinum metals to rescue the environment and diamonds to be traceable. 


Photo of Martin Creamer
Water pollution, traceability, exploration fund make headlines
7th June 2024

Mining Weekly Editor Martin Creamer discusses the role that Platinum Group Metal can play against water pollution; traceability in the mining sector and Petra Diamonds progress in this area; and... 


Belgium's King Philippe and Namibian President Ngangolo Mbumba on a site visit at the Cleanenergy Solutions green hydrogen project in Namibia
Namibia’s audacious plan to become a global green hydrogen hub
6th June 2024 By: Bloomberg

Early in May, King Philippe of Belgium was on the edge of the Namib desert to inaugurate a project that aims to help decarbonize European industry, and which might just enable one of Africa’s... 


Local Raise Bore Manufacturer AGC Adds Vertical Mobile Slot Borer To Portfolio
Local Raise Bore Manufacturer AGC Adds Vertical Mobile Slot Borer To Portfolio
6th June 2024

Local raise bore manufacturer Atlantis Group of Companies (AGC) has showcased its latest innovation in its MK range of equipment, the AGC Vertical Mobile Slot Borer, which is best suited for block... 


Petra Diamonds CEO Richard Duffy
Diamond transparency from mine to finger is on way from Petra
4th June 2024 By: Martin Creamer

Traceability is becoming an increasingly important part of the natural diamond industry, specifically in terms of being able to verify provenance or origin. G7 sanctions being applied also make... 


172.06 ct Type II white diamond
Gem recovers 172.06 ct diamond at Letšeng
4th June 2024 By: Sabrina Jardim

London-listed diamond producer Gem Diamonds recovered a 172.06 ct Type II white diamond at its Letšeng mine, in Lesotho, on June 2. This is the seventh diamond greater than 100 ct recovered at the... 


De Beers CEO Al Cook
De Beers ditches man-made diamonds as it looks beyond Anglo
3rd June 2024 By: Bloomberg

De Beers will ditch a controversial experiment to sell lab grown diamond jewellery, ending a six-year program that broke one of its oldest taboos. While the company long held the technology to make... 


Incoming Tirupati nonexecutive chairperson Michael David Lynch-Bell
Tirupati appoints Lynch-Bell nonexec chair
31st May 2024 By: Marleny Arnoldi

UK-based Tirupati Graphite has appointed Michael David Lynch-Bell as nonexecutive chairperson. He previously led consultancy Ernst & Young’s global oil and gas advisory practices, with a total... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


212.49 ct Type II white diamond
Gem Diamonds recovers sixth large diamond from Letšeng this year
30th May 2024 By: Marleny Arnoldi

London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho. This is the sixth diamond weighing more than 100 ct to be recovered at the... 


Botswana flags synthetic gem threat ahead of $6bn diamond project launch
Botswana flags synthetic gem threat ahead of $6bn diamond project launch
29th May 2024 By: Reuters

Botswana’s President Mokgweetsi Masisi on Wednesday called synthetic gems a threat to the country's economic lifeblood, as the government readies to launch a $6-billion project to extend the life... 


Botswana President Mokgweetsi Masisi
Botswana wants quick separation of De Beers from Anglo, President says
29th May 2024 By: Reuters

Botswana is hoping for a quick separation of De Beers from the Anglo American group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi... 


Lucapa chairperson Stuart Brown is a former De Beers CFO and interim CEO.
Angola is world’s foremost diamond exploration target, says Lucapa’s Brown
28th May 2024 By: Mariaan Webb

Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on... 


Angolan flag
Pensana lauds Angola’s performance in this year’s Fraser Institute rankings
27th May 2024 By: Marleny Arnoldi

London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an... 


An image of the Mothae mine, which uses TOMRA sorters
Manufacturer highlights XRT sorting technology’s impact
24th May 2024

Mining sorting equipment manufacturer TOMRA Mining highlights that its XRT technology, powered by TOMRA Insight, has delivered significant results at the Mothae Diamonds operation, in Lesotho.... 


An aerial image of the Jwaneng openpit mine
Diamond miner progresses move to underground
24th May 2024 By: Nadine Ramdass

Ahead of its fifty-fifth anniversary, Botswana-based diamond miner Debswana Diamond Company is undertaking an expansion project at its flagship Jwaneng mine, in the south-central part of Botswana,... 


Cullinan diamond mine
Petra signs PPAs to procure wheeled renewable energy for Cullinan, Finsch
23rd May 2024 By: Darren Parker

Diamond producer Petra Diamonds has entered into long-term power purchase agreements (PPAs) for the procurement of wheeled renewable energy for its Cullinan and Finsch diamond mines from licenced... 


Botswana Diamonds chairperson John Teeling
Botswana Diamonds expands its land holdings in the Kalahari
23rd May 2024 By: Chanel de Bruyn

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same... 


Rough diamonds sold by De Beers
De Beers reports lower fourth-cycle rough diamond sales
23rd May 2024 By: Creamer Media Reporter

Diamond miner De Beers sold $380-million worth of rough diamonds during its fourth sales cycle of this year, compared with the $446-million of diamonds sold during the third sales cycle of this... 


An image showing attendees at the West Coast Diamond Event and Excursion
West Coast diamonds events, excursion a success
22nd May 2024 By: Tasneem Bulbulia

The West Coast Diamond Event and Excursion, held on May 17 and 18 in Port Nolloth, in the Northern Cape, and hosted by the Geological Society of South Africa’s (GSSA's) Northern Cape branch, has... 


Anglo CEO Duncan Wanblad and BHP CEO Mike Henry
Clock runs down on BHP’s $43bn bid for Anglo American
22nd May 2024 By: Bloomberg

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin... 


Ma'aden CEO Robert Wilt
Saudi Ma'aden has extracted lithium from seawater, CEO says
22nd May 2024 By: Reuters

Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told... 


The Ellendale mine in Western Australia
Gibb River Diamonds shares surge on Ellendale lease news
21st May 2024 By: Creamer Media Reporter

The share price of Gibb River Diamonds surged 48% on Tuesday on news that the company has been granted key licences that are at the heart of developing the Ellendale project, in Western Australia.... 


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pqt: 0.706s - ct: 0.936s - 491pq - 2rq
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