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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....
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...
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...
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...
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...
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'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 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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