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Toronto-listed Lucara Diamond sold 101 422 ct during the quarter ended September 30, generating $51.2-million in revenue. In August, the company recovered a 1 015 ct non-gem diamond and a 37.42 ct...
Canadian diamond miner Mountain Province president and CEO Mark Wall has resigned from the company to pursue other opportunities but will remain in his role until December 19, to ensure a smooth...
Botswana is working on acquiring a majority stake in De Beers, President Duma Boko said on Monday, after Angola announced a rival bid to control the giant diamond company. Botswana, which owns 15%...
The mining ministers of Botswana and Angola held talks in Botswana's capital on Friday on cooperation in the diamond sector, as the two Southern African countries seek to take control of Anglo...
Jonathan Oppenheimer, scion of the family that built Anglo American and De Beers into global mining powerhouses, urged the South African government to “get out of the way” of entrepreneurs. While...
With rising threats facing mines in South Africa, Gauteng-based armoured vehicle systems company SVI Engineering is targeting its product research and development at offering mining clients...
Diamond producer De Beers has appointed Kevin Smith, currently corporate affairs & strategy executive VP, as interim COO, with effect from December 1. He succeeds Burger Greeff, who is retiring...
Angola will not fund state-owned miner Endiama's proposed acquisition of a stake in De Beers through the national budget, Finance Minister Vera Daves de Sousa said on Friday. Endiama has bid for a...
Angola's rough diamond production reached 10.7-million carats in the nine months to September, a government official said on Friday, as the country targets another record haul this year. The...
More than two decades after innovating its first subsea crawler technology for diamond recovery, diamond major De Beers Group’s Upstream Technology business has developed its next generation of...
London-listed Petra Diamonds, which owns and operates the Cullinan and Finsch mines, in South Africa, produced 609 336 ct of diamonds in the quarter ended September 30 – the first quarter of its...
Diamond miner De Beers produced 7.7-million carats for the third quarter ended September 30, a 38% year-on-year increase, primarily driven by higher production from the Jwaneng mine, in Botswana....
Diviersfied miner Anglo American, which is set to merge with Teck Resources, has achieved a "solid quarter in copper and iron-ore", CEO Duncan Wanblad says, adding that the group is well positioned...
Namibia's President Netumbo Nandi-Ndaitwah has removed Natangwe Ithete from his posts as deputy prime minister and minister of industry, mines and energy, the presidency said in a statement on...
Angola said it has offered to buy Anglo American’s majority stake in De Beers, facing off against other potential suitors including neighboring Botswana. State-owned Angolan gem producer Endiama...
The successful transition from opencast mining to underground mining is being achieved with considerable aplomb at Venetia Diamond Mine, which Mining Weekly has just visited. De Beers’ $2.3-billion...
Diamond miner De Beers Group’s Limpopo-based Venetia mine has reached a landmark achievement of 13-million fatality-free shifts, demonstrating world-class safety performance. The accomplishment...
Lab-grown diamonds are losing their appeal due to oversupply and consumer preferences are starting to shift back to natural stones, World Diamond Council president Feriel Zerouki has said. The...
Global credit ratings agency Moody's downgraded Botswana's rating to 'Baa1' from 'A3' on Friday, citing the government's challenges in adjusting to a structural downturn in the diamond industry and...
Diamond producer Petra Diamonds has launched an £18.8-million rights issue as the final step in completing a long-term refinancing agreement that extends the company’s debt maturities by up to four...
Mining Weekly Editor Martin Creamer discusses the fourteenth Oppenheimer Research Conference hearing that Africa should collaborate to protect the planet; Botswana and Angola seeking an interest in...
Botswana's State-owned Okavango Diamond Company will start selling diamonds to contracted buyers next month, as it diversifies its sales channels under the government's new deal with De Beers, MD...
Namibia's central bank governor Johannes !Gawaxab called on Wednesday for an extension to a royalty discount granted to Namdeb to help the diamond miner through a protracted global market downturn,...
To protect "our precious planet", Africa must unite in its collaborative effort, align its efforts and share its strength with international players and partners, the fourteenth Oppenheimer...
Aim-listed Kazera Global achieved record diamond recovery, improved diamond revenue terms and continued progress across all operations, the group highlights in an operational update for its...
Botswana is seeking a greater interest in De Beers, and Angola is seeking an interest too. To the mind of diamond luminary Martyn Charles Marriott, this could be an opportunity to return to old...
Botswana has enforced a new rule requiring mining companies to sell a 24% stake in new concessions to local investors if the government chooses not to buy the stake, its mines ministry said on...
Diamond producer De Beers Consolidated Mines (DBCM) chairperson Barend Petersen has urged the South African diamond industry to support the Luanda Accord, a new initiative requiring diamond...
Feriel Zerouki will step down as De Beers chief trade and industry officer and member of the executive committee at the end of October. She joined De Beers in 2005 and has played a central role in...
Growth of the mining industry and the transformation of the economy are inextricably intertwined but need a stable, predictable regulatory environment that promotes both together, Minerals Council...
South Africa's mining sector is shifting gears to thrive following a year of strategic recalibration to position itself for future growth. This was among the many messages of PwC Africa energy,...
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