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Diamonds

Rough diamonds
Omani fund replaces Russia's Alrosa in Angolan diamond miner Catoca
9th June 2025 By: Reuters

A subsidiary of Oman's sovereign wealth fund has replaced sanctions-hit Russian firm Alrosa as a shareholder in Angola's state-controlled diamond miner Catoca, according to the shareholder... 


Haul trucks at a Debswana-owned mine
Botswana's Debswana curbs diamond production as weak demand persists
6th June 2025 By: Reuters

Botswana's Debswana Diamond Company is temporarily pausing production at some of its mines, cutting output in response to prolonged weakness in the global diamond market, it said on Friday. The... 


Zambia's cadastre system is reportedly not functioning.
Zambia’s mining licence cadastre system is reportedly not functioning
5th June 2025 By: Martin Creamer

The mining licence cadastre system of Zambia is reportedly not functioning. “We understand that the platform they were building to handle the cadastre function, called ZIMIS, has been a failure.... 


Bruce Cleaver, a former De Beers CEO, is chairperson of Gemfields Group
De Beers draws interest from former CEOs as Anglo starts sale
5th June 2025 By: Bloomberg

Anglo American is about to begin a formal sales process for De Beers, after receiving indications of interest from potential buyers that include two former chief executives of the iconic diamond... 


An image of Debswana's Jwaneng mine
BPC, Debswana partner on renewable energy
30th May 2025 By: Tasneem Bulbulia

Power utility Botswana Power Corporation (BPC) and Debswana Diamond Company recently announced the signing of a memorandum of agreement (MoA) on renewable energy certificates (RECs). Debswana is... 


Minerals Council South Africa CEO Mzila Mthenjane.
Key public-private direction missing in new draft Minerals Bill, Junior Indaba hears
27th May 2025 By: Martin Creamer

South Africa needs to see far more harnessing of the capital of the private sector and needs to make sure that government and private sector work together to grow the economy and create jobs,... 


Bauxite ore mined in Guinea
Guinea cancels 129 exploration permits, further tightening control
27th May 2025 By: Reuters

Guinea's military government has cancelled 129 minerals exploration permits, it said in a statement late on Monday, as the West African nation tightens control over its assets. A senior official at... 


JSE Origination and Deals Head Sam Mokorosi.
JSE’s open and ready to welcome junior miners, says Mokorosi on eve of Junior Indaba
23rd May 2025 By: Martin Creamer

On the eve of next week’s Junior Indaba, strong emphasis was this week placed on the Johannesburg Stock Exchange (JSE) being open and ready to welcome junior miners. “We've got colleagues speaking... 


An image of the Lulo diamond mine
Lucapa Diamond Company appoints voluntary administrators
23rd May 2025 By: Tasneem Bulbulia

Richard Tucker and Paul Pracilio of advisory and investment firm KordaMentha have been appointed as voluntary administrators to ASX-listed Lucapa Diamond Company, Brooking Diamonds, Heartland... 


A generic image of an open-pit diamond mine
Addressing challenges before diversification
23rd May 2025 By: Lumkile Nkomfe

The potential for Botswana’s mining industry to diversify into minerals, such as copper, nickel, coal and other critical minerals, cannot be effectively pursued without meaningfully addressing the... 


A generic image of an exhibition stand
Event highlights future imperatives for mining in Botswana
23rd May 2025 By: Lumkile Nkomfe

Sustained efforts aimed at mineral diversification are necessary for safeguarding the future of Botswana’s mining economy, highlights Botswana Mining and Energy (BME) Conference and Expo event... 


An image of the Finsch mine
Petra progresses operational delivery in third quarter, including labour reduction
22nd May 2025 By: Tasneem Bulbulia

London-listed miner Petra Diamonds says the third quarter of its 2025 financial year marked another period of steady operational delivery across the group, with it continuing to execute on its... 


Kimberley Process chair Ahmed Bin Sulayem
More than 1.06bn carats of diamonds were traded through Dubai over the past five years
19th May 2025 By: Darren Parker

Kimberley Process (KP) chair Ahmed Bin Sulayem of the United Arab Emirates (UAE) has revealed that more than 1.06-billion carats of combined rough and polished diamonds were traded through Dubai in... 


Star Diamond to raise C$4.8m from Spirit Resources for Fort à la Corne project
Star Diamond to raise C$4.8m from Spirit Resources for Fort à la Corne project
19th May 2025 By: Creamer Media Reporter

Exploration and development company Star Diamond will raise up to C$4.8-million from Luxembourg-based Spirit Resources as the company seeks to advance its Fort à la Corne diamond project in... 


daimonds
World Diamond Council applauds breakthrough on broader conflict diamond definition
16th May 2025 By: Darren Parker

The World Diamond Council (WDC) has praised the progress made towards expanding the Kimberley Process (KP) definition of conflict diamonds, after what it said was “a successful week of open and... 


Mogalakwena platinum mine.
Mining is key to strengthening domestic economy plus uplifting geopolitical status
16th May 2025 By: Martin Creamer

Strengthening South African mining is key to strengthening South Africa’s domestic economy as well as its geopolitical standing, which is all-important at this time of global economic disruption.... 


Petra hands over to Tanzania's Pink Diamonds Investments.
Tanzania’s Williamson Diamonds goes totally Pink
15th May 2025 By: Martin Creamer

London-listed and South Africa-active Petra Diamonds has sold its entire shareholding in Williamson Diamonds of Tanzania, plus all shareholder loans owed to it, to Pink Diamonds Investments, also... 


Burgundy shifts sales strategy, closes Perth polishing facility
Burgundy shifts sales strategy, closes Perth polishing facility
14th May 2025 By: Creamer Media Reporter

Canada-focused Burgundy Diamond Mines said on Tuesday that it would refine its approach to the high-end diamond market by forging new partnerships with manufacturers, traders, and luxury brands,... 


Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
Diamond market slump 'real challenge', but recovery coming, says Mountain Province CEO
14th May 2025 By: Mariaan Webb

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... 


Rough diamonds being sorted
De Beers secretly sells discounted diamonds to selected traders
13th May 2025 By: Bloomberg

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... 


Orapa mine, in Botswana
Debswana clarifies yearly maintenance at Orapa No 2 plant, not closure
12th May 2025 By: Marleny Arnoldi

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... 


Lucara has cautioned that the transition from openpit to underground operations will bring a difficult two-year period.
Lucara flags going concern risk on back of lower revenue
12th May 2025 By: Mariaan Webb

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... 


The De Beers name on a building
De Beers to shut down its lab-grown diamond jewellery brand Lightbox
8th May 2025 By: Reuters

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... 


WFDB supports call on US for natural diamond tariff exemption
WFDB supports call on US for natural diamond tariff exemption
8th May 2025 By: Sabrina Jardim

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... 


Vast Resources reports additional diamonds from historical parcel release
7th May 2025 By: Tasneem Bulbulia

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... 


The Diavik solar plant
Diavik diamond mine shines with TSM environmental excellence award
7th May 2025 By: Creamer Media Reporter

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... 


Request for expression of interest for acquisition of 50% shares in Morafe Group (Pty) Ltd
Request for expression of interest for acquisition of 50% shares in Morafe Group (Pty) Ltd
6th May 2025

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... 


The Lulo mine
Lucapa achieves higher first-quarter carat recoveries, revenue
30th April 2025 By: Creamer Media Reporter

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... 


A rough diamond in kimberlite
Botswana eyes spending cuts as diamond slump hits economy
30th April 2025 By: Bloomberg

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... 


An artisanal mining operation in the DRC
Belgium open to bigger role in Congo minerals sector, foreign minister says
29th April 2025 By: Reuters

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... 


Diamonds being analysed
De Beers investor Botswana says serious buyers showing interest
29th April 2025 By: Bloomberg

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... 


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