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Diamonds

Need for quick exploration activity.
First call applications for R400m junior mining exploration fund close July 12
4th June 2024 By: Martin Creamer

The first call applications for the R400-million junior mining exploration fund (JMEF) close on July 12. This was stated on Tuesday in a media release issued by the Department of Mineral Resources... 


Petra Diamonds CEO Richard Duffy
Diamond transparency from mine to finger is on way from Petra
4th June 2024 By: Martin Creamer

Traceability is becoming an increasingly important part of the natural diamond industry, specifically in terms of being able to verify provenance or origin. G7 sanctions being applied also make... 


172.06 ct Type II white diamond
Gem recovers 172.06 ct diamond at Letšeng
4th June 2024 By: Sabrina Jardim

London-listed diamond producer Gem Diamonds recovered a 172.06 ct Type II white diamond at its Letšeng mine, in Lesotho, on June 2. This is the seventh diamond greater than 100 ct recovered at the... 


De Beers CEO Al Cook
De Beers ditches man-made diamonds as it looks beyond Anglo
3rd June 2024 By: Bloomberg

De Beers will ditch a controversial experiment to sell lab grown diamond jewellery, ending a six-year program that broke one of its oldest taboos. While the company long held the technology to make... 


Diamond jewellery
De Beers invites entries for 2024 Shining Light Awards programme
3rd June 2024 By: Marleny Arnoldi

Diamond miner De Beers has invited entries from Canadian, Botswanan, Namibian and South African young diamond jewellery designers for its 2024 Shining Light Awards programme. The Shining Light... 


Anglo American CEO Duncan Wanblad
Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says
30th May 2024 By: Reuters

Anglo American is starting a formal process to sell its coal assets and explore options for its nickel operations after fending off a takeover threat from bigger rival BHP Group, CEO Duncan Wanblad... 


Tsolido signs agreement with Red Cloud for liquidity services
30th May 2024 By: Darren Parker

TSX-V-listed Tsodilo Resources has retained Toronto-based financial services company Red Cloud Securities to provide liquidity services to the company. Red Cloud helps mineral exploration and... 


212.49 ct Type II white diamond
Gem Diamonds recovers sixth large diamond from Letšeng this year
30th May 2024 By: Marleny Arnoldi

London-listed Gem Diamonds has recovered a 212.49 ct Type II white diamond from its 70%-owned Letšeng mine, in Lesotho. This is the sixth diamond weighing more than 100 ct to be recovered at the... 


Investors relieved BHP walked from Anglo takeover deal
Investors relieved BHP walked from Anglo takeover deal
30th May 2024 By: Reuters

nvestors welcomed BHP Group's decision to walk away from a $49-billion plan to take over its rival Anglo American, which rejected three proposed offers from the top global miner over the past six... 


Botswana flags synthetic gem threat ahead of $6bn diamond project launch
Botswana flags synthetic gem threat ahead of $6bn diamond project launch
29th May 2024 By: Reuters

Botswana’s President Mokgweetsi Masisi on Wednesday called synthetic gems a threat to the country's economic lifeblood, as the government readies to launch a $6-billion project to extend the life... 


BHP CEO Mike Henry
BHP walks away from $49bn pursuit of mining rival Anglo
29th May 2024 By: Reuters

Mining group BHP Group on Wednesday walked away from its $49-billion plan to take over rival Anglo American, which rejected a last-ditch request for more time, ending for now its six-week pursuit.... 


Botswana President Mokgweetsi Masisi
Botswana wants quick separation of De Beers from Anglo, President says
29th May 2024 By: Reuters

Botswana is hoping for a quick separation of De Beers from the Anglo American group before the UK-listed diversified mining giant is exposed to a possible hostile takeover, President Mokgweetsi... 


Anglo American's head office in South Africa
BHP, Anglo dig in even as takeover talks deadline nears, sources say
28th May 2024 By: Reuters

BHP was struggling to find common ground with Anglo American on Tuesday in talks over its takeover offer, with no new concessions as a deadline nears for the world's biggest miner to submit a... 


An image of the Lulo mine in Angola
Lucapa, partners recover 195 ct diamond from Lulo
28th May 2024 By: Tasneem Bulbulia

ASX-listed Lucapa Diamond Company and its Lulo alluvial mine partners Endiama and Rosas and Petalas have announced the recovery of a 195 ct Type IIa diamond from the Lulo mine, in Angola. The... 


Lucapa chairperson Stuart Brown is a former De Beers CFO and interim CEO.
Angola is world’s foremost diamond exploration target, says Lucapa’s Brown
28th May 2024 By: Mariaan Webb

Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on... 


A BHP logo on a building
JPMorgan says BHP plan risks $4.3bn South Africa outflow
27th May 2024 By: Bloomberg

A successful takeover of Anglo American under the arrangements BHP Group has offered could lead to outflows of $4.3-billion from South Africa, according to a JPMorgan Chase & Co. analysis. Such an... 


Anglo's South African corporate head office
BlackRock encouraged Anglo to extend talks with BHP, source says
27th May 2024 By: Reuters

Anglo American was encouraged by key shareholders including BlackRock to continue engaging in talks with BHP Group over its proposed 38.6-billion pound ($49.18-billion) mining merger, a person... 


COMRO book editor Brian Protheroe (right) and Mining Weekly's Martin Creamer (left).
Massive water power possibilities in underground mining, says COMRO book editor
24th May 2024 By: Martin Creamer

When hydropower was being developed for South Africa’s gold-mining industry, the industry was going through a tough time and the research organisation of the day, the Chamber of Mines Research... 


Large Anglo shareholders are backing miner’s stance on BHP talks
Large Anglo shareholders are backing miner’s stance on BHP talks
24th May 2024 By: Bloomberg

Several of Anglo American’s big shareholders have said they support the company’s efforts to persuade BHP Group to change the structure of its takeover proposal or compensate for the risks it... 


An aerial image of the Jwaneng openpit mine
Diamond miner progresses move to underground
24th May 2024 By: Nadine Ramdass

Ahead of its fifty-fifth anniversary, Botswana-based diamond miner Debswana Diamond Company is undertaking an expansion project at its flagship Jwaneng mine, in the south-central part of Botswana,... 


An image of a forklist
Committed to strategic growth goals amid industry challenges
24th May 2024 By: Nadine Ramdass

Despite encountering various challenges – including commodity price volatility closely linked to global economic conditions and supply chain dynamics – metallurgy and process engineering company... 


Cullinan diamond mine
Petra signs PPAs to procure wheeled renewable energy for Cullinan, Finsch
23rd May 2024 By: Darren Parker

Diamond producer Petra Diamonds has entered into long-term power purchase agreements (PPAs) for the procurement of wheeled renewable energy for its Cullinan and Finsch diamond mines from licenced... 


Botswana Diamonds chairperson John Teeling
Botswana Diamonds expands its land holdings in the Kalahari
23rd May 2024 By: Chanel de Bruyn

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same... 


Rough diamonds sold by De Beers
De Beers reports lower fourth-cycle rough diamond sales
23rd May 2024 By: Creamer Media Reporter

Diamond miner De Beers sold $380-million worth of rough diamonds during its fourth sales cycle of this year, compared with the $446-million of diamonds sold during the third sales cycle of this... 


BHP CEO Mike Henry
BHP has a week to convince Anglo its South African plan can work
23rd May 2024 By: Bloomberg

BHP Group just won an extra week to convince Anglo American on its $49-billion takeover plan. But the world’s biggest miner still must resolve the deal’s most intractable obstacle: What to do about... 


Anglo American chairperson Stuart Chambers
Anglo shoots down BHP’s third attempt, agrees to one-week extension
22nd May 2024 By: Mariaan Webb

The world’s top diversified miner BHP has made a third unsolicited conditional takeover proposal for smaller rival Anglo American on Wednesday, only hours before its initial deadline for a firm... 


An image showing attendees at the West Coast Diamond Event and Excursion
West Coast diamonds events, excursion a success
22nd May 2024 By: Tasneem Bulbulia

The West Coast Diamond Event and Excursion, held on May 17 and 18 in Port Nolloth, in the Northern Cape, and hosted by the Geological Society of South Africa’s (GSSA's) Northern Cape branch, has... 


Anglo CEO Duncan Wanblad and BHP CEO Mike Henry
Clock runs down on BHP’s $43bn bid for Anglo American
22nd May 2024 By: Bloomberg

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin... 


Ma'aden CEO Robert Wilt
Saudi Ma'aden has extracted lithium from seawater, CEO says
22nd May 2024 By: Reuters

Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told... 


Opening Junior Indaba panel (from left) Lili Nupen, Tseliso Maqubela, Errol Smart, Mosa Mabuza, Bernard Swanepoel.
Latest cadastre agreement excites South Africa’s Junior Indaba panel
21st May 2024 By: Martin Creamer

There were expressions of excitement at the South Africa’s Junior Indaba on Tuesday when attendees at the important mining event learnt of the signing of the service-level agreement (SLA) for South... 


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pqt: 0.271s - ct: 0.48s - 365pq - 2rq
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