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Diamonds

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The 2 492 ct diamond from the Karowe diamond mine in Botswana
Karowe delivers its biggest find yet – an ‘exceptional’ 2 492 ct diamond
22nd August 2024 By: Sabrina Jardim

Canadian diamond miner Lucara Diamond Corp has recovered an “exceptional” 2 492 ct diamond from its Karowe mine, in Botswana. Detected and recovered by the company’s Mega Diamond Recovery X-Ray... 


Nedbank CIB Head of Infrastructure, Energy and Telecommunications Mike Peo.
Major shift to green energy under way by mining houses across Africa – Nedbank CIB
16th August 2024 By: Martin Creamer

Virtually every mining house in South Africa is in the process of procuring green electrons, and similar advances are taking place across the African continent, from the Democratic Republic of... 


Exploration drilling on a Botswana Diamonds prospect
Botswana Diamonds leverages AI to evaluate its existing mineral data in Botswana
16th August 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD), which holds exploration licences in Botswana and South Africa, has started with an AI programme on its Botswana database, which will assist in a comprehensive... 


Dawie Roodt
Be prepared for new economic future as biggest Electra Mining Africa show approaches
14th August 2024 By: Martin Creamer

South Africa’s preparation for a brand new economic future is coinciding with the biggest ever Electra Mining Africa show, which takes place in Johannesburg, from September 2-6. Five interconnected... 


Lucapa sells Mothae to Lesotho company
14th August 2024 By: Creamer Media Reporter

Australia-headquartered Lucapa Diamond has successfully completed the divestment of its 70% stake in the Mothae mine in Lesotho. The interest was sold to local Lesotho company Lephema Executive... 


Polished diamonds
Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer
13th August 2024 By: Reuters

Botswana intends to renegotiate its proposed purchase of a stake in Belgian gem dealer HB Antwerp to double the size of its shareholding at no extra cost following the downturn in the diamond... 


The Letšeng mine
Gem achieves 9% y/y increase in first-half diamond sales
13th August 2024 By: Creamer Media Reporter

London-listed Gem Diamonds sold 56 944 ct of diamonds recovered from its Letšeng mine, in Lesotho, generating $77.9-million for the six months ended June 30. This represents a 9% increase on the 52... 


Haul trucks operating at a Debswana mine
Botswana to cut spending on cars, travel as diamond slump persists
13th August 2024 By: Bloomberg

Botswana plans to reduce spending on new vehicles and travel for government officials and may delay some capital projects to deal with a slump in diamond revenues, according to its finance... 


large Lucara diamond
Lucara sold 76 387 ct during the second quarter
12th August 2024 By: Darren Parker

Diamond producer Lucara Diamond Corp sold 76 387 ct of diamonds, generating $41.3-million in revenue, during the second quarter ended June 30. The company recovered 92 419 ct of diamonds at a grade... 


An image of Petra Diamonds group human resources (HR) and public affairs executive Thashmi Doorasamy
Programme champions women leadership
9th August 2024 By: Nadine Ramdass

Despite the significant changes and challenges seen this year within Petra Diamonds – with cost cutting across all areas of the business, which inevitably affects various initiatives within the... 


Botswana Diamonds raises £250 000
7th August 2024 By: Tasneem Bulbulia

Aim-listed Botswana Diamonds has undertaken a placing and subscription with existing and new investors to raise £250 000 through the issue of new ordinary shares. This includes a cash subscription... 


145.55 ct Type II white diamond
Gem recovers 145.55 ct diamond at Letsěng
7th August 2024 By: Sabrina Jardim

London-listed Gem Diamonds has recovered a 145.55 ct Type II white diamond at the Letsěng mine, in Lesotho, on August 3. This is the ninth greater-than-100 ct diamond recovered this year. 


Petra Diamonds' Finsch mine
Petra defers August/September tender amid weak demand
6th August 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has decided to postpone its August/September tender to support steps taken by major producers to restrict supply in the current weaker demand environment. The rough... 


Star Diamond takes full ownership of Alberta project
2nd August 2024 By: Creamer Media Reporter

Exploration and development company Star Diamond has completed the acquisition of Canterra Minerals’ 50% interest in the Buffalo Hills diamond project and now owns 100% of the asset. The project... 


Utshalo founder Paul Miller.
Orion’s capital-raising success kindling hopes of greater small-end investment in mining
1st August 2024 By: Martin Creamer

The capital-raising success that emerging copper and zinc mining company Orion Minerals achieved is kindling high hopes that smaller South African shareholders will be facilitated to play a greater... 


Debswana's Jwaneng mine
Debswana's diamond sales fall 49.2% as market downturn continues
1st August 2024 By: Reuters

Sales of rough diamonds at Debswana Diamond Company fell 49.2% in the first half of 2024, according to data released by the Botswana central bank late on Wednesday, as the downturn in the global... 


176 ct Lulo diamond
Lucapa recovers 176 ct diamond from Lulo
29th July 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has recovered the fifth diamond weighing more than 100 ct at its joint venture Lulo mine, in Angola, this year. The 176 ct Type IIa diamond recovered is also the... 


Lucapa diamonds from the Lulo mine, totalling 447 ct
Lucapa concludes special tender worth $12m
25th July 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has sold six diamonds recovered from the Lulo mine, in Angola, in a special tender for $12.4-million. The diamonds totalled 447 ct and consisted of five white... 


Anglo American CE Duncan Wanblad.
Anglo's eyes are firmly on a copper, iron-ore and crop nutrient prize
25th July 2024 By: Martin Creamer

By the end of 2025, the new Anglo American is going to be focused 100% on copper, iron-ore and crop nutrient mining. By that time, the demerged Johannesburg Stock Exchange-listed Anglo American... 


Star-Orion South diamond resource estimate upgraded
Star-Orion South diamond resource estimate upgraded
25th July 2024 By: Creamer Media Reporter

The Orion South Diamond project has a mineral resource estimate, TSX-listed Star Diamonds announced on Wednesday. The company bolstered the indicated mineral resource by 22% to 34.8-million carats... 


Anglo American CE Duncan Wanblad.
We’re moving at pace to create more agile, profitable Anglo, CE Wanblad reports
25th July 2024 By: Martin Creamer

Diversified mining company Anglo American, which is in the process of restructuring itself, on Thursday delivered $5-billion underlying half-year earnings for the six months to the end of June.... 


Anglo CEO Duncan Wanblad
Anglo to face investors with wary eye on BHP's potential return
24th July 2024 By: Reuters

Anglo American investors will keenly scrutinize CEO Duncan Wanblad on Thursday as he gives an update on the London-based miner's strategy, just months after fighting off a $49-billion takeover bid... 


Minerals Council South Africa CEO Mzila Mthenjane.
Minerals Council South Africa supports beneficiation where the economics make sense
24th July 2024 By: Martin Creamer

Minerals Council South Africa, whose members account for 90% of this country's annual mineral production by value, supports beneficiation where the economics make sense. “Therefore, we welcome the... 


Resources Watch
Resources Watch
24th July 2024

This week: Petra Diamonds focusing on refinancing $250-million loan notes and, Green ammonia ousting coal in power stations 


Debswana's Jwaneng mine
Botswana proposes law for locals to acquire 24% stakes in mines
24th July 2024 By: Reuters

Botswana is proposing a law that will ask mining companies, once granted a licence, to sell a 24% stake in mines to locals if the government does not exercise its option to acquire the... 


GIBS, partners gear up for the 2025 Diamond Programme
23rd July 2024 By: Sabrina Jardim

The University of Pretoria's Gordon Institute of Business Science (GIBS), the Antwerp World Diamond Centre (AWDC) and the University of Antwerp, Belgium have launched the 2025 edition of the Winter... 


Sky Park under construction
De Beers’ Jhb rough diamond sorting, sales building receives green star rating
22nd July 2024 By: Darren Parker

Diamond miner De Beers’ new rough diamond sorting, valuation and sales building Sky Park, in Johannesburg, has received a five-star interior green rating and two four-star green building ratings... 


Actress Lupita Nyong'o at Venetia mine
De Beers hosts actress Lupita Nyong’o at its Venetia mine
19th July 2024 By: Marleny Arnoldi

Academy Award-winning actress Lupita Nyong’o has visited De Beers’ Venetia diamond mine, in Limpopo. As a De Beers global ambassador, she was shown how each facet of the production value chain... 


Platinum, diamonds, hydrogen make headlines
Platinum, diamonds, hydrogen make headlines
19th July 2024

Mining Weekly Editor Martin Creamer discusses the projected downward path of platinum; Petra Diamonds looking to refinance its $250-million loan notes; and Hive Hydrogen South Africa completing... 


Duncan Wanblad shaking hands with Wits University vice-chancellor Professor Zeblon Vilakazi at the hand over of Anglo’s 47 Main street, Johannesburg building, to Wits Business School (WBS), with Anglo chairperson Nolitha Fakude (left) and  WBS head Prof Maurice Radebe (right).
We’ve delivered strong second-quarter production – Anglo CE
18th July 2024 By: Martin Creamer

Diversified mining company Anglo American on Thursday emphasised its embedding of operational resourcefulness across its asset base and highlighted its second-quarter performance as being strong.... 


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pqt: 0.732s - ct: 0.949s - 364pq - 2rq
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