London-listed Petra Diamonds has announced the full results of its second sales tender for the 2024 financial year, having sold 444 029 ct for $40.5-million in revenue. The second sales tender... 

Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola. The company sold 534.9 ct by tender,... 

Mining production decreased by 2.5% year-on-year in August, with diamonds, manganese ore and 'other' metallic minerals having made the largest negative contributions. Diamond output was down by... 

Canadian diamond miner Mountain Province has paused all discretionary spending to focus on cash generation and repaying debt, president and CEO Mark Wall said on Friday. In its third-quarter... 

London-listed Petra Diamonds has released initial results for its Tender 2 sales, which have been brought forward owing to a two-month moratorium on diamond imports to India starting on October... 

Diamcor Mining plans to complete a term loan financing for and the continued advancement of the work programmes under way at Krone-Endora, besides other purposes. 

ASX-listed Lucapa Diamond Company, which holds a 40% interest in the Lulo mine, in Angola, and a 70% interest in the Mothae mine, in Lesotho, has appointed Nick Selby as CEO and MD. Selby has... 

The value of De Beers' rough diamond sales for the eighth sales cycle of this year decreased to a provisional $200-million, as the diamond miner reduced its rough diamond availability in light of... 

Raising the profile of small-scale and artisanal diamond miners by fostering stronger networks, investing in future talent and addressing the industry's challenges were key focus points for the... 

HB Antwerp, a Belgian gem processor and trader, said that one of its founding members who was fired last month has been reinstated, amid a pending deal with Botswana for the supply of rough stones.... 

Canadian diamond mining company Diamcor Mining, which owns and operates the Krone-Endora at Venetia mine, in South Africa's Limpopo province, plans to complete a term loan financing of up to... 

Anglo American unit De Beers and Botswana’s government signed a deal covering the main aspects of a new sales and mining agreement for their Debswana diamond venture in the African nation. The pact... 

Canadian diamond miner Lucara Diamond has terminated the sales agreement with HB Trading, following a “material breach of financial commitments” by HB. Lucara says it will continue to use its... 

Botswana Diamonds is awaiting outstanding permits to mine Thorny River. 

Russian diamond producer Alrosa has suspended rough diamond allocations for September and October after a request from India's leading trade body, the Gems and Jewellery Export Promotion Council... 

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of... 

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks, a Belgian official said Friday. The mechanism will consist of a direct ban on... 

In a diamond market that is softer than anticipated, London-listed Petra Diamonds is moving ahead with confidence despite a downturn in its financial performance for the year ended June 30, 2023.... 

Venetia has delivered its first production. 

De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives continue to cannibalise demand in one of the company’s most important markets.... 

The share price of diamond miner Burgundy Diamonds jumped more than 16% on Wednesday after the company flagged higher revenue for the third quarter to date, following the acquisition of the Ekati... 

Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa,... 

Diamond processor and trader HB Antwerp said on Monday it had removed one of its three co-founders from management following differences over strategy, a development that comes amid a pending sales... 

Despite the Zimbabwean mining sector exhibiting positive indicators, such as increased sector growth, economic growth and new legislative interventions aimed at increasing the ease of mining, the... 

In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum... 

Russia's Alrosa, the world's biggest diamond producing company, has started construction of a giant new mine to replace one closed by flooding that killed eight people in 2017, regional authorities... 

One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as a growing number of Americans choose engagement rings made from lab-grown stones instead. Diamond... 

London-listed Gem Diamonds has posted a loss a share of $0.07 and lower underlying earnings before interest, taxes, depreciation and amortisation of $8.4-million for the six months ended June 30,... 

India has asked the United States to release $26-million belonging to at least two Indian diamond firms frozen due to their alleged trade links with sanctioned Russian diamond major Alrosa, three... 

The diamond industry has faced multiple challenges leading to a notable shift in its landscape over the last few years, says personal liability company BDO South Africa. Natural resources partner... 

Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality... 

London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional... 

As electric vehicles (EVs) gain traction, the strain on electricity supply, especially national power grids, will be more, with an increase in the carbon dioxide (CO2) emissions associated with... 

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, says it will maintain its full-year guidance on carat recoveries and sales, despite lowering its guidance for... 

Canada-headquartered Lucara Diamond Corp has recovered a 692.3 ct white gem-quality diamond at its Karowe mine, in Botswana. The diamond is the fourth diamond weighing more than 300 ct to be... 

Canadian-headquartered Lucara Diamond Corporation has announced plans to reappoint William Lamb president and CEO of the company, as well as director, succeeding Eira Thomas. Lamb brings to the... 

Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of... 

Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of... 

Statistics South Africa (Stats SA) reports that mining production increased by 1.1% year-on-year in June, with the largest positive contributors having been platinum group metals (PGMs) and gold.... 

TSX-listed Lucara Diamond Corp has recovered a 1 080 ct Type IIa diamond at its Karowe mine, in Botswana – the fourth diamond weighing more than 1 000 ct to be recovered at the mine since 2015.... 

Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with... 

Diamond exploration and development company Botswana Diamonds says mining on the Marsfontein project, in Limpopo, South Africa, is a proof of concept that is working well. Marsfontein is designed...