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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 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...
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...
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...
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...
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....
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...
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...
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...
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,...
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...
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...
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...
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...
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...
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...
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...
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 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...
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%...
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...
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...
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 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....
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...
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....
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...
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...
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...
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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