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Diamonds

Polished diamonds
Botswana enforces new 24% local ownership rule for mines
Updated 2 hours 52 minutes ago By: Reuters

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... 


woman's hand placing diamond on small pedestal
DBCM calls on diamond industry to back Luanda Accord
9th October 2025 By: Darren Parker

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
Zerouki resigns as De Beers chief trade, industry officer
9th October 2025 By: Creamer Media Reporter

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... 


Minerals Council South Africa president Paul Dunne.
Promote growth, transformation together, Minerals Council South Africa urges
8th October 2025 By: Martin Creamer

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... 


PwC Africa Energy, Utilities and Resources Leader Andries Rossouw and PwC SA Mine Project Leader Vuyiswa Khutlang.
South Africa's mining sector shifting gears to thrive, PwC highlights
7th October 2025 By: Martin Creamer

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,... 


Rough diamonds
Botswana says pulled diamond sale wasn’t an ‘emergency’ auction
7th October 2025 By: Bloomberg

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... 


vibramech machinery
Local supply chains strengthen sector
3rd October 2025 By: Devina Haripersad

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... 


Polished diamonds
Namibia cautious about taking up a stake in De Beers, local media report
30th September 2025 By: Reuters

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... 


diamond mine in Botswana
IMF recommends reforms as Botswana faces mining-induced fiscal pressure
29th September 2025 By: Marleny Arnoldi

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 unveils final Beyond Rare diamond tender
29th September 2025 By: Creamer Media Reporter

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,... 


Diamond sale fails in Botswana as buyers refuse to pay up
Diamond sale fails in Botswana as buyers refuse to pay up
26th September 2025 By: Bloomberg

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.... 


Diamonds produced in Botswana
Botswana economy suffers steep contraction in Q2 on diamond sector woes
26th September 2025 By: Reuters

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... 


Kazera’s Deep Blue Minerals confirms plant performance, secures high-yield diamond block
25th September 2025 By: Darren Parker

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... 


underground at a Petra Diamonds operation
Petra extends refinance agreement deadline with lender to Sept 29
25th September 2025 By: Marleny Arnoldi

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 diamond miner Endiama seeks minority stake in De Beers
Angola's diamond miner Endiama seeks minority stake in De Beers
25th September 2025 By: Reuters

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 President Duma Boko
Botswana wants to buy De Beers controlling stake by next month, President says
23rd September 2025 By: Bloomberg

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... 


Polished diamonds
Diamond selling processes are outdated and hurting producers, trader says
18th September 2025 By: Reuters

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... 


Minerals Council CEO Mzila Mthenjane and Mintek CEO Dr Molefi Motuku.
Fruitful outcomes needed quickly from crucial Minerals Council, Mintek MoU
18th September 2025 By: Martin Creamer

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... 


The next generation subsea diamond recovery crawler developed by De Beers Upstream Technology
De Beers unveils next generation subsea diamond recovery crawler
16th September 2025 By: Creamer Media Reporter

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... 


Stats SA principal survey statistician Juan-Pierre Terblanche
South Africa’s mining output up 4.4% y/y in July
11th September 2025 By: Sabrina Jardim

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... 


Finestar rough diamond cutting and polishing facility in Gauteng
Indian diamond polisher Finestar opens large-scale facility in Gauteng
8th September 2025 By: Marleny Arnoldi

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... 


Lesotho Prime Minister Sam Matekane has unveiled an ambitious dual-track strategy to help navigate diamond headwinds.
Dull diamond market brings Lesotho Prime Minister to Perth to help shine new rare earths jewel
5th September 2025 By: Creamer Media Reporter

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... 


The Letseng mine
Gem Diamonds swings to loss on $10.7m impairment
4th September 2025 By: Creamer Media Reporter

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... 


Andrada CEO Anthony Viljoen
New mineralised pegmatites identified at Lithium Ridge – Andrada
3rd September 2025 By: Sabrina Jardim

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.... 


The Walviskop mineral sands operation
Kazera records improved diamond recovery at South African operation
2nd September 2025 By: Creamer Media Reporter

Aim-listed investment company Kazera Global has recovered the first diamonds at its Deep Blue Minerals (DBM) project, in Alexander Bay, South Africa, following investment in new diamond recovery... 


Diamonds being sorted
Lab-grown gems are robbing Botswana of its diamond riches
2nd September 2025 By: Bloomberg

Across Botswana the lines of patients outside government clinics are lengthening, construction companies dependent on state jobs are firing workers and university students are threatening to... 


Lucara draws $10m from shareholder backing, highlights recent recoveries
Lucara draws $10m from shareholder backing, highlights recent recoveries
1st September 2025 By: Creamer Media Reporter

Toronto-listed Lucara Diamond has drawn $10-million from a $63-million limited shareholder standby undertaking to address funding needs at its Karowe underground project (UGP) in Botswana. The... 


Continuous reef extraction.
New mining technology is pointing to continuous round-the-clock operation on many fronts
27th August 2025 By: Martin Creamer

The new mining technology being advanced by Master Drilling promises “continuous”, round-the-clock mining uplift – even when it comes to narrow reef extraction. On the new technology being... 


Star Diamond CEO Mason to retire in Nov
26th August 2025 By: Creamer Media Reporter

Saskatoon-based Star Diamond said on Monday that chairperson, president and CEO Ewan Mason will retire on November 20 after seven years on the board and almost three years leading the company. “Mr.... 


Botswana President Duma Boko
Botswana signs $12bn investment deal with Qatar's Al Mansour Holdings
22nd August 2025 By: Reuters

Botswana's President Duma Boko announced on Thursday an agreement with Qatar's Al Mansour Holdings, aimed at addressing immediate national challenges, with the Gulf firm committing to $12-billion... 


Diamond traceability
De Beers highlights environment, social, traceability milestones in latest sustainability report
21st August 2025 By: Marleny Arnoldi

Diamond mining major De Beers says it has made meaningful progress in areas such as emission reduction, safety and conservation, while advancing work on diamond provenance and traceability. In its... 


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pqt: 0.058s - ct: 2.013s - 146pq - 2rq
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