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Looking beyond this transitionary year, Johannesburg Stock Exchange-listed Anglo American will emerge as a highly differentiated, higher margin and more cash generative business, Anglo American CEO...
Botswana is seeking to take a controlling stake in De Beers as Anglo American prepares to divest from the diamond giant, the Financial Times reported on Wednesday, citing the country's mining...
London-listed Gem Diamonds’ share price fell by more than 22% on July 23 after the company announced plans to scale back operations at its Letšeng mine, in Lesotho, to reduce costs in a difficult...
World Federation of Diamond Bourses (WFDB) president Yoram Dvash has raised concern about the “meteoric” rise in the penetration of synthetic diamonds into the market, which he believes threatens...
Australian miner Burgundy Diamond Mines laid off several hundred employees and contractors and suspended operations at its Point Lake diamond mine in Canada due to record-low diamond prices, a...
Anglo American’s handling of the De Beers sale has angered Botswana, which owns 15% of the diamond producer, because the government believes that it hasn’t been properly consulted, people with...
Zimbabwe’s biggest diamond miner is cutting 400 jobs, weighed down by a global downturn in the market for natural gems, a company representative said by phone. State-owned Zimbabwe Consolidated...
After drawing up a draft document called The Blue List in May and launching a four-month consultation period to garner inputs, World Jewellery Confederation (CIBJO) has unpacked the necessity of...
Canadian private company Arctic Blue Diamonds has secured an 89.7% controlling interest in the WO diamond project, home to one of the country’s biggest undeveloped diamond-bearing kimberlites,...
South Africa’s derelict and ownerless mine rehabilitation programme has gone beyond rehabilitation to include the closure of hazardous old shaft openings as well as apertures created by illegal...
Diamond miner De Beers Group’s Venetia mine, in Limpopo, South Africa, has reached a landmark achievement of 13-million fatality-free shifts, placing the mine among a small group of mining...
South Africa has a huge opportunity “right now” to grow its mining sector so that mining is able to provide prosperity for the entire nation, Minerals Council South Africa CEO Mzila Mthenjane...
The newly named Cementation Africa is excited about setting the rebranded business on a new growth path. As part of preparations to operate outside of the Murray & Roberts Group, the new “own...
Following the early-May announcement of its intention to close its laboratory-grown diamond (LGD) jewellery business – Lightbox – diamond major De Beers Group’s focus in the jewellery sector will...
As the diamond mining industry continues to face growing challenges such as resource depletion, rising operational costs and increasing competition from synthetic diamonds, pump supplier Schurco...
There are only two countries in Africa that currently make their geological survey data open to the world. “Malawi is the first, and I believe Nigeria is the second,” Vale Base Metals chairperson...
Association the World Federation of Diamond Bourses has expressed its full support for the Luanda Accord, the agreement reached among major diamond-producing countries and trading centres to fund...
Diamond miner Diamcor Mining has received a Section 244 notice under the Canadian Bankruptcy and Insolvency Act, after failing to repay a C$3.51-million loan to jeweller Tiffany & Co Canada. The...
Botswana's Debswana Diamond Company is looking to international capital markets to help fund its $6-billion Jwaneng underground project, a director said on Monday, as dwindling revenues have...
Zambia is strengthening transparency and accountability to make sure that natural resources improve the lives of all of its citizens. It gives easy visibility to the level of natural resource...
Angola has through its newly established Angola Diamond Exchange started the process of joining the World Federation of Diamond Bourses (WFDB), which marks a significant milestone in the country’s...
Zambia’s South Africa-developed mining cadastre licensing system portals have been reactivated, the Ministry of Mines and Mineral Development has confirmed. “The disruption was due to the...
In a step to accelerate South Africa’s just energy transition and establish the country as a global green hydrogen leader, R656-million has been committed to a green hydrogen fund. South Africa’s...
London-listed Petra Diamonds sold 613 682 ct of diamonds for $53-million during its combined Tender 5 and 6 sales cycle, taking year-to-date revenues to $239-million from the sale of 2.39-million...
A subsidiary of Oman's sovereign wealth fund has replaced sanctions-hit Russian firm Alrosa as a shareholder in Angola's state-controlled diamond miner Catoca, according to the shareholder...
Botswana's Debswana Diamond Company is temporarily pausing production at some of its mines, cutting output in response to prolonged weakness in the global diamond market, it said on Friday. The...
The mining licence cadastre system of Zambia is reportedly not functioning. “We understand that the platform they were building to handle the cadastre function, called ZIMIS, has been a failure....
Anglo American is about to begin a formal sales process for De Beers, after receiving indications of interest from potential buyers that include two former chief executives of the iconic diamond...
Power utility Botswana Power Corporation (BPC) and Debswana Diamond Company recently announced the signing of a memorandum of agreement (MoA) on renewable energy certificates (RECs). Debswana is...
South Africa needs to see far more harnessing of the capital of the private sector and needs to make sure that government and private sector work together to grow the economy and create jobs,...
Guinea's military government has cancelled 129 minerals exploration permits, it said in a statement late on Monday, as the West African nation tightens control over its assets. A senior official at...
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