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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,...
Botswana said an unprecedented ad-hoc diamond auction late last month — in which it didn’t sell any gems because the reserve price wasn’t met — wasn’t an “emergency sale.” State trader Okavango...
African mining operations are placing more emphasis on efficiency, reliability and local support regarding crushing, screening and milling equipment – a shift that South African original-equipment...
Namibia will carefully consider whether or not to acquire a stake in De Beers as the diamond price slump persists, local media reported on Monday, citing the country's deputy prime minister. The...
The International Monetary Fund (IMF) has completed an Article IV consultation in Botswana, which found that the diamond sector is dragging the country’s economic growth down. After growing by...
Rio Tinto has launched the last edition of its Beyond Rare tender, offering a final set of pink, red, violet, yellow and white diamonds from its Canadian and Australian operations. The tender,...
Botswana didn’t sell any diamonds in an unprecedented ad-hoc auction as buyers refused to pay high enough prices, as the global industry continues to grapple with one of its deepest-ever crises....
Botswana's economic output fell sharply in the second quarter, reflecting a steep decline in output from its key diamond industry, data from the statistics agency showed on Friday. Gross domestic...
Global investment company Kazera Global has reported that its subsidiary Deep Blue Minerals (DBM) has completed the first full-scale test run of its new diamond recovery plant in Alexander Bay, in...
London-listed Petra Diamonds has advised that another extension is required to finalise terms of a commitment agreement with a senior secured bank lender in respect of a refinancing endeavour....
Angola's state diamond company Endiama has bid for a minority stake in Anglo American's diamond unit De Beers, the African country's Ministry of Mineral Resources, Petroleum and Gas said on...
Botswana’s president aims to complete a deal to take a majority stake in De Beers by the end of next month, even as his administration and other potential buyers continue negotiations with the...
The sale of diamonds through tenders and auctions is opaque and inefficient and should be revamped for producers to earn more and to survive the current price slump, a leading gem trader said on...
The South African economy requires fruitful outcomes to emerge quickly from the planned memorandum of understanding (MoU) that that Minerals Council South Africa and South Africa’s Council for...
Diamond company De Beers' Upstream Technology business has developed a next generation of advanced subsea diamond recovery crawlers, with the first unit having been installed on Debmarine Namibia's...
Statistics South Africa (Stats SA) has reported that mining production increased by 4.4% year-on-year in July. Iron-ore and platinum-group metals (PGMs) were the most significant positive...
Indian rough diamond cutting and polishing company Finestar has expanded its operational footprint in the Southern African Development Community (SADC), unveiling its latest facility in the Gauteng...
The global diamond market may be facing a challenging period, but the Kingdom of Lesotho is not sitting idle. In an address at the Africa Down Under conference, in Perth, Prime Minister Sam...
London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, has swung to an attributable loss of $11.7-million for the six months ended June 30, on the back of a $10.7-million...
Aim-listed Andrada Mining has begun exploration drilling at the Lithium Ridge project, in Namibia, in partnership with Sociedad Química y Minera de Chile (SQM) through its subsidiary SQM Australia....
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