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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...
Mining energy supplier CrossBoundary has secured a $40-million investment from Impact Fund Denmark to expand its portfolio of clean energy projects across Africa. The investment supports...
Lucapa Diamond Company, the Perth-based miner behind the Lulo alluvial mine in Angola and the Merlin project in Australia, has secured a potential lifeline through a planned Deed of Company...
De Beers' joint venture in Angola has discovered a new kimberlite field, the most common source of mined diamonds, it said on Tuesday, its first such discovery in three decades. The Anglo American...
Russia's sanctions-hit diamond producer Alrosa reported a 25% fall in first-half revenue on Tuesday, warning that geopolitics and macroeconomic uncertainties were weighing on demand as high...
Canada-headquartered Lucara Diamond has recovered its second diamond of more than 2 000 ct from the Karowe mine in Botswana, underscoring the asset’s reputation for producing some of the world’s...
London-listed Petra Diamonds has advised of a refinancing endeavour it aims to have completed before the end of the year. The company has, over the past 18 months, been focused on internal...
This week: De Beers is well positioned to thrive as market recovers, Anglo believes; Valterra Platinum upping flood defence, envisaging underground trucking, hailing IRMA and, TAKRAF marks 300...
Mineral and Petroleum Resources Minister Gwede Mantashe has said the 30% tariffs imposed on South African exports to the US are a form of death throes aggression, alleging that it is a desperate...
After attending a high-level Ministerial roundtable in Luanda, Angola, in June, Mineral and Petroleum Resources Minister Gwede Mantashe has proposed that South African diamond producers contribute...
Mining Weekly Editor Martin Creamer discusses Valterra Platinum’s feasibility study into the development of Sandsloot Underground in Limpopo; Anglo's belief that De Beers is well positioned to...
The commitment of Anglo American to exit De Beers is unwavering, despite the belief of this secondary-listed Johannesburg Stock Exchange company that its iconic diamond mining and marketing...
London-listed Botswana Diamonds has been awarded four prospecting licences in Botswana following an extensive country-wide AI-driven exploration programme which generated several highly prospective...
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...
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