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Diamonds

underground at a Petra Diamonds operation
Petra extends refinance agreement deadline with lender to Sept 29
25th September 2025 By: Marleny Arnoldi

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 diamond miner Endiama seeks minority stake in De Beers
Angola's diamond miner Endiama seeks minority stake in De Beers
25th September 2025 By: Reuters

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 President Duma Boko
Botswana wants to buy De Beers controlling stake by next month, President says
23rd September 2025 By: Bloomberg

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... 


Polished diamonds
Diamond selling processes are outdated and hurting producers, trader says
18th September 2025 By: Reuters

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... 


Minerals Council CEO Mzila Mthenjane and Mintek CEO Dr Molefi Motuku.
Fruitful outcomes needed quickly from crucial Minerals Council, Mintek MoU
18th September 2025 By: Martin Creamer

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... 


The next generation subsea diamond recovery crawler developed by De Beers Upstream Technology
De Beers unveils next generation subsea diamond recovery crawler
16th September 2025 By: Creamer Media Reporter

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... 


Stats SA principal survey statistician Juan-Pierre Terblanche
South Africa’s mining output up 4.4% y/y in July
11th September 2025 By: Sabrina Jardim

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... 


Finestar rough diamond cutting and polishing facility in Gauteng
Indian diamond polisher Finestar opens large-scale facility in Gauteng
8th September 2025 By: Marleny Arnoldi

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... 


Lesotho Prime Minister Sam Matekane has unveiled an ambitious dual-track strategy to help navigate diamond headwinds.
Dull diamond market brings Lesotho Prime Minister to Perth to help shine new rare earths jewel
5th September 2025 By: Creamer Media Reporter

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... 


The Letseng mine
Gem Diamonds swings to loss on $10.7m impairment
4th September 2025 By: Creamer Media Reporter

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... 


Andrada CEO Anthony Viljoen
New mineralised pegmatites identified at Lithium Ridge – Andrada
3rd September 2025 By: Sabrina Jardim

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.... 


The Walviskop mineral sands operation
Kazera records improved diamond recovery at South African operation
2nd September 2025 By: Creamer Media Reporter

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... 


Diamonds being sorted
Lab-grown gems are robbing Botswana of its diamond riches
2nd September 2025 By: Bloomberg

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... 


Lucara draws $10m from shareholder backing, highlights recent recoveries
Lucara draws $10m from shareholder backing, highlights recent recoveries
1st September 2025 By: Creamer Media Reporter

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... 


Continuous reef extraction.
New mining technology is pointing to continuous round-the-clock operation on many fronts
27th August 2025 By: Martin Creamer

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... 


Star Diamond CEO Mason to retire in Nov
26th August 2025 By: Creamer Media Reporter

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 President Duma Boko
Botswana signs $12bn investment deal with Qatar's Al Mansour Holdings
22nd August 2025 By: Reuters

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 traceability
De Beers highlights environment, social, traceability milestones in latest sustainability report
21st August 2025 By: Marleny Arnoldi

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... 


CrossBoundary 16 MW solar farm for QIT Madagascar Minerals mine.
Mining energy supplier secures $40m from Denmark to fund greener Africa
18th August 2025 By: Martin Creamer

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... 


Diamonds recovered from the Lulo mine in Angola
Administration-led DOCA offers lifeline to Lucapa
14th August 2025 By: Mariaan Webb

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 announces kimberlite field discovery in Angola
De Beers announces kimberlite field discovery in Angola
12th August 2025 By: Reuters

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... 


Alrosa flags high rates, inflation pressure as revenue falls
Alrosa flags high rates, inflation pressure as revenue falls
12th August 2025 By: Reuters

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... 


Lucara recovers second 2 000-ct diamond as funding pressures mount
Lucara recovers second 2 000-ct diamond as funding pressures mount
11th August 2025 By: Mariaan Webb

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... 


Finsch mine
Petra announces notes, debt refinancing and lower yearly revenue
8th August 2025 By: Marleny Arnoldi

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... 


Resources Watch
Resources Watch
6th August 2025

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
US lashing out because it is a declining empire – Mantashe
5th August 2025 By: Darren Parker

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... 


Mineral and Petroleum Resources Minister Gwede Mantashe
Mantashe wants all diamond producers to contribute towards collective diamond marketing efforts
5th August 2025 By: Darren Parker

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... 


Valterra Platinum, De Beers, Kumba Iron Ore make headlines
Valterra Platinum, De Beers, Kumba Iron Ore make headlines
1st August 2025

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... 


Anglo American CEO Duncan Wanblad.
De Beers is well positioned to thrive as market recovers, Anglo believes
31st July 2025 By: Martin Creamer

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... 


An image of Botswana Diamonds chairperson John Teeling
Botswana Diamonds awarded AI-identified acreage
29th July 2025 By: Tasneem Bulbulia

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... 


Venetia Diamond Mine in South Africa's Limpopo province.
Higher margins, more cash generation on way, Anglo CEO predicts unequivocally
24th July 2025 By: Martin Creamer

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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pqt: 0.37s - ct: 0.607s - 370pq - 2rq
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