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Lulo alluvial resource increases by 9%
10th April 2025 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company reports that the Joint Ore Reserve Committee-compliant inferred alluvial diamond resource at its Lulo diamond concession, in Angola, has increased by 249 000 ct,... 


Minerals Council CEO Mzila Mthenjane, senior policy analyst, public affairs and transformation Fundiswa Ndaba, and senior executive, public affairs and transformation Tebello Chabana.
Minerals Council scoring big on South Africa’s socioeconomic transformation front
9th April 2025 By: Martin Creamer

Minerals Council South Africa has been scoring big on the transformation front, going well beyond compliance, and hopes are now high that the upcoming Minerals and Petroleum Resources Development... 


232 ct rough diamond
Petra withholds Cullinan diamonds tender as US tariffs create market uncertainty
9th April 2025 By: Marleny Arnoldi

London-listed Petra Diamonds has postponed its tender five sales of about 200 000 ct of diamonds recovered at the Cullinan mine, in South Africa, until there is greater clarity on the impact of... 


Diamond jewellery
With US tariffs, India's jewellery exports set for sharp decline
3rd April 2025 By: Reuters

India's $32-billion gems and jewellery industry is bracing for a sharp fall in exports as hefty US tariffs will impede overseas sales to its biggest market, industry officials said. The US slapped... 


Paul Miller.
To reclaim global mining status, South Africa must restore trust – Paul Miller
2nd April 2025 By: Martin Creamer

If South Africa wants to reclaim its position in the global mining industry, half-measures just won’t cut it. The Department of Mineral and Petroleum Resources (DMPR) needs to go beyond admitting... 


Burgundy Diamond Mines CEO Kim Truter
Burgundy Diamond Mines starts search for new CEO ahead of Truter's retirement
2nd April 2025 By: Creamer Media Reporter

The board of ASX-listed independent diamond company Burgundy Diamond Mines has started the process to select a new CEO, as Kim Truter plans to retire as CEO and MD at the company's AGM on May 27.... 


A 158.2 ct yellow diamond recovered at Diavik in Canada
Rio Tinto recovers 158.2 ct yellow diamond at Diavik
2nd April 2025 By: Creamer Media Reporter

Diversified miner Rio Tinto has recovered a 158.2 ct yellow diamond at its Diavik mine, in Canada – one of only five yellow diamonds weighing more than 100 ct ever unearthed at the mine in its... 


Lucara transitions to owner-managed operations at Karowe UGP
Lucara transitions to owner-managed operations at Karowe UGP
1st April 2025 By: Mariaan Webb

Canada-headquartered Lucara Diamonds has terminated its engineering, procurement, and construction management contract with JDS Energy & Mining (JDS), effective March 31, as it transitions to... 


The Point Lake openpit at Ekati.
Burgundy Diamond Mines' Ekati resilient as market struggles
1st April 2025 By: Mariaan Webb

ASX-listed Burgundy Diamond Mines has navigated a turbulent diamond market with resilience, reporting a modest revenue decline despite broader industry struggles. The company’s flagship Ekati... 


An image of workers excavating at Lucara’s Karowe mine
Underground development to reach final depths this year
28th March 2025

Underground development at diamond producer Lucara Diamond’s Botswana-based Karowe mine is expected to extend its operational life beyond 2040, with significant progress achieved in 2024,... 


Master Drilling robotic arm.
Robotic rig uplifts productivity 50%, cuts water 75%, Master Drilling reports
27th March 2025 By: Martin Creamer

A robotic rig deployed at a project last year increased productivity by about 50% and consumed 75% less water than the more conventional rigs working on the same contract, Master Drilling director... 


Capital reports more than 50% decline in EPS in a ‘year of transition’
27th March 2025 By: Darren Parker

London-listed mining, drilling, maintenance and geochemical analysis solutions provider Capital has reported a 53.5% year-on-year decline in basic earnings per share (EPS) to $0.089 in 2024, from... 


Gahcho Kue in Northwest Territories
Mountain Province sees diamond market recovery after challenging 2024
27th March 2025 By: Mariaan Webb

Canadian diamond miner Mountain Province expects improving market sentiment in 2025 following a difficult 2024, when weak Chinese demand and the growing presence of lab-grown diamonds pressured... 


Rough diamonds and diamond jewellery
Anglo starts talks with banks on possible De Beers IPO
26th March 2025 By: Bloomberg

Anglo American has begun initial talks with banks about listing its De Beers diamond unit, according to people familiar with the matter, as the company looks to move ahead with the final and most... 


Master Drilling CEO Danie Pretorius.
Master Drilling pays nigh-R100m dividend, moves needle on South Africa’s mining front
25th March 2025 By: Martin Creamer

Drilling and mechanised rock excavation technology solutions company Master Drilling, which was established in 1986 and listed on the Johannesburg Stock Exchange Limited in 2012, has declared a... 


Members of the MIC committee and the JV partners, with Lucapa CEO Alex Kidman and group mineral resource manager Richard Price in Angola.
Lucapa increases stake in Lulo exploration JV to 51%
20th March 2025 By: Creamer Media Reporter

Australia-listed Lucapa Diamond Company has finalised the mineral investment contract (MIC) for its Lulo joint venture (JV) in Angola, increasing its stake to 51%. Following a three-day meeting in... 


Mountain Province closes refinancing transactions
Mountain Province closes refinancing transactions
20th March 2025 By: Creamer Media Reporter

Canadian diamond miner Mountain Province has completed its previously announced refinancing transactions, securing funding to address near-term financial challenges and extend the maturity of its... 


Midtier sub-Saharan Africa markets could see slight growth uptick in 2025
18th March 2025 By: Schalk Burger

Most midtier markets in sub-Saharan Africa are expected to see a slight uptick in their growth rates this year, economic and financial research company BMI sub-Saharan Africa country risk senior... 


Anglo American signage outside an office
Anglo American plans fresh job cuts as part of restructuring
14th March 2025 By: Bloomberg

Anglo American is planning more job cuts at its corporate office, as it restructures its business by selling assets and spinning off its platinum unit. The company has sent notices to employees who... 


Rough diamonds produced by De Beers
Botswana’s government puts diamond trader deal on back burner
14th March 2025 By: Bloomberg

Botswana’s deal to acquire a stake in Belgian gem trader HB Antwerp – proposed by the previous government but never completed – appears to be in limbo. The plan for Botswana to purchase a 24%... 


An image of Gem Diamonds CEO Clifford Elphick
Gem Diamonds weathers challenges, delivers solid full-year performance
13th March 2025 By: Tasneem Bulbulia

London-listed Gem Diamonds’ focus on cost containment, operational efficiencies and appropriate capital allocation yielded pleasing results for the financial year ended December 31, 2024, despite a... 


An image of Botswana Diamonds chairperson John Teeling
Botswana Diamonds applies for 11 prospecting licences following AI programme
13th March 2025 By: Tasneem Bulbulia

Aim-listed Botswana Diamonds has applied for 11 prospecting licences to secure key polymetallic targets identified by the company’s recent AI-driven exploration programme in Botswana. The... 


An image showing the Thorny River project
Botswana Diamonds granted mining permit for Thorny River
4th March 2025 By: Tasneem Bulbulia

London-listed Botswana Diamonds has been granted a mining permit for its Thorny River project, in Limpopo, South Africa. The Thorny River project is close to the mined-out Marsfontein mine. 


Lucara appoints new director
3rd March 2025 By: Creamer Media Reporter

Lucara Diamond Corp, which owns and operates the Karowe diamond mine, in Botswana, has appointed Melissa Harmon to its board of directors. "We are delighted to welcome Melissa to the Lucara board.... 


Alrosa reports full-year profit slump of 77.3%
Alrosa reports full-year profit slump of 77.3%
28th February 2025 By: Reuters

Russia's sanctions-hit diamond producer Alrosa on Friday reported a 77.3% fall in 2024 net profit year-on-year to 19.3-billion roubles ($219.32-million) on revenue of 239.1-billion roubles. Group... 


diamond nestled in kimberlite
WFDB warns of new US customs requirements for diamond traders
26th February 2025 By: Marleny Arnoldi

World Federation of Diamond Bourses president Yoram Dvash has advised that, as of April, US customs will require the reporting of diamonds’ country of mining origin and country of origin details.... 


The Jwaneng mine
Botswana signs long-delayed diamonds deal with De Beers
25th February 2025 By: Reuters

Botswana's government on Tuesday signed a long-delayed ten-year diamonds sales agreement with Anglo American unit De Beers adding a possible extension period of five more years to the provisional... 


Diamond miner Lucara hits new production highs
Diamond miner Lucara hits new production highs
24th February 2025 By: Mariaan Webb

Botswana-focused diamond miner Lucara Diamond Corp has reported a record-breaking 2024, highlighted by the recovery of two exceptional stones – the 2 488 ct ‘Motswedi’ diamond and the 1 094 ct... 


Master Drilling executive director Koos Jordaan
New diamond-enabled cutting technology partnership announced
18th February 2025 By: Shannon de Ryhove

World leader in the design, development and production of synthetic diamond advanced material solutions Element Six, part of the De Beers Group, and global leader in drilling technology solutions... 


Burgundy secures fuel offtake deal to ease seasonal cash flow
Burgundy secures fuel offtake deal to ease seasonal cash flow
17th February 2025 By: Creamer Media Reporter

ASX-listed Burgundy Diamond Mines has secured a fuel offtake agreement with Macquarie Bank, a deal designed to smooth out seasonal cash flow challenges at its Ekati diamond mine in Canada’s remote... 


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pqt: 0.156s - ct: 0.338s - 146pq - 2rq
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