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Diamonds

Sheila Khama
Opinion: De Beers resumes exploration in Angola and Botswana’s new leaders see red
15th November 2024 By: Creamer Media Reporter

In this article, policy adviser and former De Beers Botswana CEO Sheila Khama writes about De Beers' exploration in Angola and asks whether Botswana should be concerned. On October 23, De Beers... 


De Beers CEO Al Cook
De Beers CEO sees talks on new Botswana diamond pact concluding soon
14th November 2024 By: Reuters

The CE of global diamonds giant De Beers, Al Cook, said that his company expected negotiations with Botswana's government over a new diamond sales pact to conclude soon. "We see negotiations... 


An image showing the Karowe mine
Lucara records strong quarter marked by exceptional discoveries, shaft sinking progress
14th November 2024 By: Tasneem Bulbulia

TSX-listed Lucara Diamond Corp recovered two exceptional diamonds larger than 1 000 ct and sold 116 221 ct of diamonds in the third quarter ended September 30, generating revenue of $44.3-million.... 


Petra names new chairperson as Shine confirms retirement
11th November 2024 By: Sabrina Jardim

London-listed Petra Diamonds says Varda Shine will not offer herself for re-election at the company's forthcoming AGM on November 13 and will retire from the board at the conclusion of that... 


Aton reports first results from diamond drilling programme at Abu Marawat
8th November 2024 By: Sabrina Jardim

TSX-V-listed Aton Resources has reported the first results from its diamond drilling programme at the Abu Marawat deposit, in Egypt, including 8.98 g/t gold, 185 g/t silver, 0.43% copper and 6.12%... 


Murray & Roberts workers
M&R foresees more immediate liquidity challenges as Venetia contract ends
5th November 2024 By: Marleny Arnoldi

Engineering and contracting group Murray & Roberts (M&R) has advised that its interim earnings for the six months ended December 31 will be impacted on by the loss of business it had in place with... 


Anglo American CE Duncan Wanblad.
Anglo agrees terms for sale of minority interest in coal mines for billion dollars-plus
4th November 2024 By: Martin Creamer

Copper-, iron-ore- and crop-nutrient-focused Anglo American reported on Monday that it expects to complete the sale of a minority interest it holds in an Australian steelmaking coal business in the... 


Botswana President Duma Boko (right)
Botswana's new President aims to clinch De Beers diamond sales pact soon
4th November 2024 By: Reuters

Botswana's new president, Duma Boko, said on Friday he wanted to conclude talks for a new sales pact with global diamonds giant De Beers as soon as possible. De Beers, a unit of mining company... 


From left: Taanil Construction project contractor Walied Devajee; Kgatelopele local municipality corporate director and projects administrator Mildred Likotsi; executive committee member and Ward 3 Councillor Ansie van Zyl; Ward 4 Councillor Jan Slinger; Kgatelopele local municipality executive mayor and Ward 5 Councillor Irene Williams; Finsch operations executive Jaison Rajan; council whip and Ward 2 Councillor Ronel Haai; Finsch diamond mine National Union of Mineworkers representative Michelle Moeti; and MDV Kalahari Consulting Engineers project engineer Brian Bensley
Petra’s Finsch mine completes road upgrade
1st November 2024 By: Sabrina Jardim

London-listed Petra Diamonds’ Finsch mine has completed the MacKenzie road upgrade project in Danielskuil, in the Northern Cape. The project, valued at R6.2-million, was undertaken as part of the... 


Photo of Martin Creamer
Chile green hydrogen, Implats solar, De Beers business development make headlines
1st November 2024

Mining Weekly Editor Martin Creamer discusses the very promising findings of Chile’s green hydrogen valley study; Implats' 35 MW solar project and expanded smelter at Zimplats; and De Beers urging... 


An image showing trucks loading at the Krone-Endora at Venetia project in South Africa
Diamcor to raise funds to expedite increased processing at South Africa project
31st October 2024 By: Tasneem Bulbulia

TSX-V-listed Diamcor Mining intends to complete a term loan financing of up to C$1.5-million, to be used to expedite efforts to support the processing of material at significantly higher volumes at... 


Debswana's Jwaneng mine
Debswana diamond sales fall over 50% in first nine months of 2024
30th October 2024 By: Reuters

Sales of rough diamonds at the Debswana Diamond Company fell about 52% in the first nine months of 2024, data released by Botswana's central bank on Tuesday showed, as the downturn in the global... 


BHP chairperson Ken MacKenzie and CEO Mike Henry addressed the BHP AGM on Wednesday.
BHP has moved on from Anglo American, company chairperson says
30th October 2024 By: Reuters

BHP has moved on to focus on other growth opportunities after its failed bid for Anglo American earlier this year, the company's chairman said on Wednesday, weeks before a block on making another... 


De Beers' programme provides diamond sector training and mentorship.
De Beers invites local diamond entrepreneurship applications
29th October 2024 By: Martin Creamer

The commitment of South Africa’s oldest mining company, De Beers, to leading the local diamond industry towards greater inclusivity is reflected in this week’s call by the Anglo American company... 


Anglo American's corporate head office in South Africa
Can Anglo's copper pivot help thwart renewed takeover bid?
25th October 2024 By: Reuters

The speed at which Anglo American shifts to becoming a copper-focused miner may well dictate its ultimate fate - survival as an independent operator, or absorption by a bigger rival such as BHP... 


Kal Tire VP Southern Africa John Martin
ESG targets are prioritising the need for mining tyre circularity
24th October 2024 By: Martin Creamer

Stockpiles of mining tyres are beginning to weigh heavily on the environmental, social and governance (ESG) targets of mining companies. Large tyre accumulations visible at some mining operations... 


The Venetia underground mine
De Beers assessing options to lower production amid high midstream inventory levels
24th October 2024 By: Chanel de Bruyn

Diamond miner De Beers maintains its full-year production guidance at between 23-million and 26-million carats, but says it is actively assessing options with its partners to reduce production... 


The Letšeng diamond mine
Gem lifts third-quarter revenue on higher sales, prices
23rd October 2024 By: Creamer Media Reporter

London-listed Gem Diamonds, which operates the Letšeng diamond mine in Lesotho, generated revenues of $42.7-million from the sale of 26 627 ct of diamonds in the quarter ended September 30. This... 


Former Gullick South Africa Technical Manager Terry Hamilton (right) interviewed by Mining Weekly's Martin Creamer.
Water power is there for the taking in many underground mines
22nd October 2024 By: Martin Creamer

Water power is there for the taking across a broad spectrum of many of South Africa’s hard-rock underground mines. At a time of high electricity prices, the availability of cooling reservoirs at... 


An image of Lucapa MD Nick Selby
Lucapa achieves strong diamond sales despite soft market conditions
22nd October 2024 By: Tasneem Bulbulia

ASX-listed Lucapa Diamond Company reports that the Lulo diamond mine, in Angolo, in which it has a 40% interest, sold 5 587 ct at an average price of $3 033/ct during the quarter ended September... 


Koffiefontein mine
Petra starts new financial year with higher output
22nd October 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has had a good start to its 2025 financial year, with an increase in production to 679 625 ct for the quarter ended September 30, on the back of higher grades at the... 


The JSE's premises in Sandton
JPMorgan expects South Africa IPO surge on economic optimism
21st October 2024 By: Bloomberg

South Africa is poised for a surge in initial public offerings and fund-raising activity as soon as next year, spurred by optimism that the continent’s biggest economy may be turning a corner after... 


BME MD Ralf Hennecke
Omnia Holdings offering broader value proposition through BME mining segment
21st October 2024 By: Martin Creamer

Leading mine blasting solutions provider BME today announced a new alignment with Protea Mining Chemicals, which provides one point of contact for two solutions through the BME brand. In this... 


An image showing the GemFair diamond toolkit
De Beers’ GemFair programme buys its 10 000th diamond
18th October 2024 By: Tasneem Bulbulia

Diamonds miner De Beers Group’s GemFair programme has reached the key milestone of buying its 10 000th diamond since its launch in 2018. GemFair focuses on developing a responsible sourcing model... 


An image of Botswana Diamonds chairperson John Teeling
Botswana Diamonds secures prospecting permit on five Marsfontein kimberlites
17th October 2024 By: Tasneem Bulbulia

Botswana Diamonds, which holds exploration licences in South Africa and Botswana, has obtained a prospecting permit covering five kimberlites known to contain diamonds in the Marsfontein region of... 


Anglo American solar, hydrogen plant at Mogalakwena.
Responsible mining promoted in new global standard initiative
16th October 2024 By: Martin Creamer

Four global metals and minerals mining organisations on Wednesday published a draft consolidated standard that covers a wide range of topics related to responsible mining practices. The Copper... 


An image showing a still from the De Beers and Signet campaign
Signet, De Beers launch new natural diamond marketing campaign for young generation
16th October 2024 By: Tasneem Bulbulia

Diamond miner De Beers Group and diamond jewellery retailer Signet Jewelers, have launched ‘Worth the Wait’, a new natural diamond campaign focused on the themes of modern love and evolving... 


Nicky Oppenheimer
Recycle like there’s no tomorrow, big screen at Oppenheimer event urges attendees
9th October 2024 By: Martin Creamer

Recycle like there’s no tomorrow were the urging words flashed across the large screen at the thirteenth Oppenheimer Research Conference, where long-time former diamond mining luminary Nicky... 


Anglo American CE Duncan Wanblad
Sustainable mining possible and necessary for global growth – Wanblad
9th October 2024 By: Schalk Burger

The mining industry is experiencing a period of unprecedented and protracted change, and many in the mining industry are facing considerable challenges as many commodities are facing revenue... 


Rough diamonds
Angola diamonds not under sanctions but Russia link is obstacle
7th October 2024 By: Bloomberg

Angola’s State-owned diamond producer said some clients were deterred by its partnership with Russia’s Alrosa PJSC, but underlined that its output doesn’t fall under western sanctions. Russian... 


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