Australia-listed Winsome Resources has paid a C$4-million option fee to secure the acquisition rights for the Renard project, in Quebec. This comes as the Superior Court of Quebec approved an... 

Australia-listed explorer Winsome Resources on Thursday unveiled an exclusive option agreement to acquire the assets of the idled Renard mine, in Quebec, in a move that may accelerate its path to... 

Russia will regularly buy diamonds from sanctions-hit producer Alrosa ALRS.MM through a state fund, the finance ministry said on Thursday, a move that suggests Western restrictions on Russia's... 

An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines, and De Beers to... 

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 

After accounting for mining depletion of 30 585 ct during the 2023 calendar year, ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have reported that alluvial... 

Recently retired Tiffany & Co executive D. Wayne Howard has joined the board of diamond mining company Diamcor Mining as an independent director. “I am very pleased to announce the addition of Mr.... 

The OR Tambo Special Economic Zone (SEZ) aims to promote economic development, job creation and growth through the government’s SEZ programme and is a flagship programme for developments in... 

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 

The need to ensure that Africa realises the vast potential for socioeconomic upliftment presented by the on-continent beneficiation of its abundant endowment of precious-metals and stones was... 

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this... 

London-listed Petra Diamonds has started with a recruitment process to appoint a successor to CFO Jacques Breytenbach, who has resigned owing to personal reasons. Breytenbach will remain in his... 

UK-registered diamond mining company Firestone Diamonds has put a 215 ct natural diamond recovered at its Liqhobong diamond mine, in the highlands of Lesotho, up for sale.  The diamond represents a... 

ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas and Petalas, have recovered two diamonds of over 100 ct each from the terraces of Mining Block 46 at the Lulo mine, in Angola.... 

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 

The demand for vibrating screens and feeders in the commodities sector is on the rise, with a noticeable surge in brownfield projects aimed at replacing existing equipment in various operations,... 

Debswana Diamond Company's sales of rough diamonds fell 25.1% in 2023, data released by Botswana's central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the... 

Junior diamond mining company Diamcor Mining has reported a net loss of about $1-million, or about $0.01 a share, for the quarter ended December 31, 2023. This compares with a net loss of $386 619... 

Ahead of new diamond import requirements from Group of 7 (G7) nations, starting on March 1, diamond producer De Beers Group says it anticipates no disruption to its diamond supply. The group... 

In 2023, the global diamond market experienced a downturn and volatility and although the large, high-quality diamonds recovered from both its Lulo and Mothae operations achieved decent prices at... 

The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the diamond and jewellery industry in presenting its concerns regarding the proposed Group of Seven (G7) restrictions... 

Russia's sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18-billion roubles ($925-million), down 15.2% from the previous year. Turnover was up 9.2% at... 

Canadian miner Eastport Ventures has appointed Robin Birchall CEO effective immediately. He brings to the board more than 20 years of experience in the investment banking sector within the mining... 

Christo Wiese, South Africa’s-billionaire retail king, is going back to the future. The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing retailer and the... 

The latest round of Russia sanctions unveiled Friday targeted hundreds of people and entities from around the globe, including a Liechtenstein company that traded precious metals, a semiconductor... 

To increase the net present value (NPV) of Namibia’s marine diamond mining sector, four strategies – economies of scale, economies of scope, productivity and efficiency improvements, and... 

With Africa’s substantial and varied mineral endowment being undisputed, the year ahead will likely see ongoing progress in exploration and mine development, in both traditional metals and the... 

Mining major Anglo American chairperson Stuart Chambers and CEO Duncan Wanblad have both expressed disappointment with the company’s financial results for 2023, which were released on February 22.... 

Canada-headquartered Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, expects its revenues to rebound to between $220-million and $250-million this year, after a... 

Diversified mining major Rio Tinto CEO Jakob Stausholm on Wednesday reported “resilient” financial results for 2023, with free cash flow of $7.7-billion and underlying earnings of $11.8-billion.... 

Despite its exposure to various risks and uncertainties, such as rough diamond prices, political instability and liquidity challenges – which could have a material impact on its long-term... 

London-listed Gem Diamonds has recovered a high-quality 113 ct white Type II diamond from the Letšeng mine, in Lesotho. This follows recoveries of a high-quality 295 ct white Type II diamond and a... 

Canadian mining company Lucara Diamond Corp has entered into a new diamond sales agreement (NDSA) with processer and trader HB Group out of Antwerp, Belgium, in respect of qualifying “special”... 

Diamond producer Petra Diamonds sold 428 900 ct for $47.8-million during its fourth tender cycle of the 2024 financial year. This represents a 4% increase in like-for-like prices compared with the... 

Zimbabwe’s central bank accumulated 793 kilograms (25,000 ounces) of gold reserves since introducing a law that compels mining companies to pay part of their royalties using the metal. The reserves... 

The need to transform the global energy system and to cut carbon emissions, to counter the danger of climate change, is shifting the mining spotlight away from traditional high-value resources,... 

A large African opencast mining contractor has significantly increased its fleet of mobile crushers and screens. Currently operating in South Africa, Namibia and Botswana, opencast mining...