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Mountain Province Diamonds is betting on a market rebound with CEO Mark Wall expressing optimism that global economic conditions will improve and lift diamond demand. “The diamond market remained...
De Beers has been quietly selling rough diamonds at sharply marked-down prices to a small handful of customers, in a highly unusual move that’s fuelling tensions across an industry already mired in...
Debswana Diamond Company has clarified that the Orapa No 2 processing plant is undergoing yearly scheduled maintenance during May and has not ceased operations. The planned shutdown is a routine...
TSX- and BSE-listed Lucara Diamond has said there is “significant doubt” about its ability to continue as a going concern, after a drop in diamond sales and increased reliance on limited funding...
De Beers plans to shut down its lab-grown diamond jewellery brand, Lightbox, and focus on natural diamonds, it said on Thursday, as the company battles weak diamond prices due to low demand and...
The World Federation of Diamond Bourses (WFDB) says it stands united with the industry-wide position to request that the US government grant a tariff exemption for natural diamond imports. The WFDB...
Aim-listed Vast Resources reports that the Kimberly Process inspection of a diamond parcel previously held in Zimbabwe has revealed an additional quantity of diamonds in the sealed parcel, the...
Rio Tinto’s Diavik diamond mine has been awarded the Towards Sustainable Mining (TSM) Environmental Excellence Award for its solar power plant, the largest off-grid solar installation in Canada’s...
The Qaqa Diamond Mine is owned by Morafe Group of Companies (75%) and the Government of the Kingdom of Lesotho (25%). Morafe Group was granted a 10 year Mining Lease by Government of Lesotho. Qaqa...
ASX-listed Lucapa Diamond Company, which has assets in Angola and Australia, has recorded year-on-year increases in carat recoveries, grade, revenue and diamond price for the quarter ended March...
Botswana is intent on cutting spending to offset the effects of a prolonged downturn in the diamond market that’s led it to raise its budget deficit forecast to post-Covid peaks, its finance...
Belgium is open to deeper involvement in Democratic Republic of Congo's minerals sector, its foreign minister said on a visit to the former Belgian colony, which is seeking to diversify its...
Botswana’s government said it’s optimistic that Anglo American will find a buyer for its diamond unit De Beers this year. “We are very confident that partners are coming forward,” Botswana Vice...
Aim-listed Vast Resources has announced the release of the historical diamond parcel that has been held in safe custody at the Reserve Bank of Zimbabwe by order of that country’s Supreme Court...
Toronto-listed Mountain Province Diamonds reported a 40% year-on-year decline in diamond production for the first quarter of 2025, as the company processed low-grade stockpiles while waste...
In the ongoing development of its Karowe underground project (UGP) in Botswana, diamond miner Lucara Diamond Corporation has terminated its engineering, procurement and construction management...
Understanding the critical role of spare parts in maintaining operational efficiency, coupled with prioritising the reliability and accessibility of essential mining and construction components, is...
Diamond producer De Beers’ rough diamond production for the first quarter of this year decreased by 11% year-on-year to 6.1-million carats, reflecting the continued production response to a...
Mining Weekly Editor Martin Creamer discusses the working group that has been established to extend South Africa’s ferrochrome horizon; the third intake of the Enterprise Development Project for...
De Beers Group, in partnership with business incubation company Raizcorp, has launched the third intake of the Enterprise Development Project for Diamond Beneficiators, aimed at supporting and...
India's exports of cut and polished diamonds plummeted to their lowest level in nearly two decades in the 2024/25 fiscal year, which ended in March, on sluggish demand from the United States and...
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,...
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