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Diamonds

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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... 


An image showing the Karowe diamond mine in Botswana
Lucara divests of Clara sales platform
7th October 2024 By: Tasneem Bulbulia

Canada-headquartered Lucara Diamond is selling its 100% interest in the Clara rough diamond sales platform to its original founders, a group led by the HRA Group of Companies and Eira Thomas. Clara... 


De Beers group managed operations CEO Moses Madondo
Natural diamond supply has peaked, De Beers’ Madondo says
4th October 2024 By: Darren Parker

De Beers group managed operations CEO Moses Madondo has said the supply of natural diamonds has peaked, with dwindling new discoveries on the horizon. “We must recognise that we are already past... 


Rio Tinto showcases historic collection of rare coloured diamonds
Rio Tinto showcases historic collection of rare coloured diamonds
4th October 2024 By: Creamer Media Reporter

Rio Tinto has launched its 2024 ‘Beyond Rare’ tender, the second in its Art Series offering, showcasing 48 lots of extraordinarily rare masterpieces of nature from its diamonds business. Titled... 


Anglo American CEO Duncan Wanblad
Anglo American not a sitting duck after breakup, CEO says
4th October 2024 By: Reuters

Anglo American will not be an "inevitable" takeover target after its unbundles its diamond, platinum, nickel and coal assets, CEO Duncan Wanblad said on Thursday. The mining giant is restructuring... 


A 3.5 MW solar plant was installed at Diavik earlier this year.
Rio Tinto’s Diavik underground mine moves into commercial production
4th October 2024 By: Creamer Media Reporter

The Diavik mine – one of Canada’s biggest diamond mines – has completed the development and construction of Phase 1 of the A21 underground mine, now moving the mine into commercial production.... 


Eskom chairperson Dr Mteto Nyati
South Africa needs to transition to renewable energy, Eskom chair tells Joburg Indaba
2nd October 2024 By: Martin Creamer

South Africa needs to transition into renewable energy in a way that continues to protect the country’s energy availability, Eskom chairperson Dr Mteto Nyati told the Joburg Indaba on Wednesday.... 


Photo of Martin Creamer
Grade is King, diamond prices, manganese battery opportunities make headlines
27th September 2024

Mining Weekly Editor Martin Creamer discusses African Rainbow Minerals spotlighting 'Grade is King', as well as the company’s war on waste; Petra's belief that diamond prices will stabilise through... 


Petra CEO Richard Duffy
Petra sees diamond prices holding steady to end 2024, with some improvement in 2025
25th September 2024 By: Martin Creamer

Diamond mining company Petra believes that diamond prices will stabilise through to the end of this year with some improvement expected in 2025. The average diamond price realised by Petra  in... 


The 212.91 ct Type II white diamond
Gem recovers 212.91ct diamond at Letsěng
23rd September 2024 By: Sabrina Jardim

London-listed Gem Diamonds has recovered a 212.91ct Type II white diamond at the Letsěng mine in Lesotho. This is the thirteenth diamond greater than 100 ct recovered this year. 


An image showing beneficiaries of Petra's Gumboot Recycling project
Diamond miner turns gumboots into school shoes for learners
20th September 2024 By: Tasneem Bulbulia

Petra Diamonds’ Cullinan diamond mine (CDM) has successfully launched its Gumboot Recycling project, aimed at reducing plastic waste while supporting education through its Schools’ Support... 


The Karowe undergorund expansion project
Lucara recovers sixth diamond larger than 1 000 ct at Karowe
16th September 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has recovered a 1 094 ct rough diamond from its Karowe mine, in Botswana. This is the sixth diamond weighing more than 1 000 ct to be recovered at the mine... 


The 126.21 ct diamond recovered at Letšeng on September 6
Gem recovers 126.21 ct diamond
11th September 2024 By: Creamer Media Reporter

LSE-listed Gem Diamonds has recovered a 126.21 ct Type II white diamond at the Letšeng mine, in Lesotho, on September 6. This is the twelfth diamond greater than 100 ct recovered at the mine this... 


The 122.2 ct diamond recovered at Letšeng
Gem recovers 122.2 ct diamond at Letšeng
5th September 2024 By: Creamer Media Reporter

London-listed Gem Diamonds has recovered a 122.2 ct Type II white diamond at its 70%-owned Letšeng mine, in Lesotho. This is the eleventh diamond weighing more than 100 ct to be recovered at the... 


The Misery underground mine is part of the Ekati deposit located in Canada’s Northwest Territories.
Burgundy eyes extended life for Misery
5th September 2024 By: Mariaan Webb

Australian mining company Burgundy Diamond Mines has announced encouraging results from its ongoing drilling programme at the Misery underground mine in Canada, suggesting the potential for an... 


Rough diamonds
Botswana's ODC seeks $300m in loans for diamond purchases
30th August 2024 By: Reuters

Botswana's State-owned Okavango Diamond Company (ODC) seeks a $300-million credit facility from local banks to support larger volumes of diamond purchases, Finance Minister Peggy Serame said on... 


Gem raises full-year production, sales guidance, despite prices remaining under pressure
29th August 2024 By: Creamer Media Reporter

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, has increased its production guidance for the 2024 full-year to between 98 000 ct and 101 000 ct being recovered... 


The 129.71 ct Type II white diamond
Gem recovers 129.71 ct diamond at Letsêng
28th August 2024 By: Sabrina Jardim

London-listed Gem Diamonds has recovered a 129.71 ct Type II white diamond from its Letsěng mine, in Lesotho. This is the tenth diamond greater than 100 ct recovered from the mine this year. 


President Cyril Ramaphosa
President transfers legislation as part of steps to split mineral resources, energy portfolios
28th August 2024 By: Creamer Media Reporter

President Cyril Ramaphosa has transferred legislation previously administered by the Mineral Resources and Energy Minister to Mineral and Petroleum Resources Minister Gwede Mantashe and Electricity... 


Lucapa posts 13% increase in interim Ebitda
23rd August 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has reported earnings before interest, taxes, depreciation and amortisation (Ebitda) of $1.4-million for the six months ended June 30 – a 13% year-on-year... 


Sadpo chairperson Gert van Niekerk.
South Africa’s small-end diamond producers are battling to survive, Sadpo reports
22nd August 2024 By: Martin Creamer

South Africa’s small-end diamond producers are battling to survive in a diamond situation in South Africa which is under severe pressure, South African Diamond Producers Organisation (Sadpo)... 


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pqt: 0.585s - ct: 0.795s - 363pq - 2rq
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