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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.... 


Petra Diamonds' Cullinan mine
Uasa, Petra Diamonds sign five-year wage agreement for Cullinan mine
17th July 2024 By: Marleny Arnoldi

Trade union Uasa has signed a five-year wage agreement with the management of the Cullinan mine, which is owned by London-listed Petra Diamonds. The agreement is effective from July 1 this year... 


Petra Diamonds CEO Richard Duffy
Petra Diamonds focusing on refinancing $250-million loan notes
17th July 2024 By: Martin Creamer

Having reset its cost base, delivering new life-of-mine (LoM) plans with a smooth capital profile, the focus of Petra Diamonds is very much on refinancing its $250-million loan notes. “We plan to... 


Star Diamond dusts off Buffalo Hills file
Star Diamond dusts off Buffalo Hills file
17th July 2024 By: Creamer Media Reporter

Toronto-listed Star Diamonds has announced it will buy the remaining 50% stake in the Buffalo Hills project, in Alberta, gaining full ownership of the asset. Early last year, Star dusted off the... 


Williamson diamond mine at steady state.
Petra expects diamond prices to show modest recovery in 2025
16th July 2024 By: Martin Creamer

With market fundamentals providing pricing support in the medium- and longer-term, London-listed diamond mining and marketing company Petra Diamonds expects diamond prices to show modest recovery... 


Lucapa focuses on sampling near Cacuilo river following floods
15th July 2024 By: Sabrina Jardim

Now that floodwaters have receded after a severe wet season in Angola, ASX-listed Lucapa Diamond Company says its immediate focus is on sampling kimberlites closer to the Cacuilo river, as these... 


Rough diamonds produced in Botswana
IMF slashes Botswana's 2024 growth forecast amid diamond market woes
15th July 2024 By: Reuters

The International Monetary Fund (IMF) has slashed Botswana’s 2024 growth forecast to 1% from an earlier April estimate of 3.6% due mainly to lower diamond production, it said in a statement. The... 


Burgundy sees extension potential at Ekati's Misery underground mine
Burgundy sees extension potential at Ekati's Misery underground mine
10th July 2024 By: Mariaan Webb

ASX-listed Burgundy Diamond Mines is intensifying its efforts to extend the operational lifespan of its Misery underground mine, located in Canada. The initiative is part of Burgundy’s broader... 


Panthera starts drilling programme at Mali project
9th July 2024 By: Sabrina Jardim

Aim-listed gold exploration and development company Panthera Resources has started a diamond drilling programme on the Kalaka project, in Mali. The company says the programme will include... 


Petra Diamonds' Cullinan mine, in South Africa
Petra Diamonds concludes last sales cycle for FY24, generates higher revenue
4th July 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has generated $38-million of revenue in its seventh tender cycle for the year, having sold 337 064 ct. This brings revenue for the 2024 financial year to... 


Diamcor closes final tranch of offering, bringing total to C$2m
3rd July 2024 By: Darren Parker

Diamond producer Diamcor Mining has closed a second and final tranche of C$600 300 of its previously announced non-brokered private placement, bringing the total of the offering to about... 


Rio Tinto builds off-grid solar plant in Canada’s North
Rio Tinto builds off-grid solar plant in Canada’s North
3rd July 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto has completed installation of a 3.5 MW capacity solar power plant at the Diavik mine, in Canada’s Northwest Territories. The project represents the largest off-grid... 


Lucara appoints mineral resources VP
2nd July 2024 By: Creamer Media Reporter

Diamond miner Lucara Diamond Corp, which owns and operates the Karowe mine, in Botswana, has appointed Dr Lauren Freeman as mineral resources VP, with effective from July 1. In her new role,... 


123 ct Type II white diamond recovered from Letšeng mine
Gem Diamonds recovers 123 ct diamond from Letšeng
2nd July 2024 By: Marleny Arnoldi

London-listed Gem Diamonds has recovered a 123.20 ct Type II white diamond from the Letšeng mine, in Lesotho. This marks the eighth diamond greater than 100 ct in size that the company has... 


Russia's Alrosa buys Degdekan gold deposit from Polyus
1st July 2024 By: Reuters

Russian diamond producer Alrosa has bought a gold deposit in Russia's Far East from miner Polyus, the two companies, both of which are under Western sanctions, said on Monday. For the world's... 


Anglo CEO Duncan Wanblad
Anglo further supports education, entrepreneurship with handover of Jhb CBD building to Wits Business School
28th June 2024 By: Sabrina Jardim

Demonstrating its broad commitment to education, entrepreneurship and leaving a positive legacy in the Johannesburg central business district (CBD), diversified miner Anglo American on June 28... 


Businessmen shaking hands
Dealmakers optimistic on global M&A prospects despite sluggish growth
28th June 2024 By: Reuters

Global mergers and acquisitions (M&A) activity grew at a sluggish pace in the second quarter, yet many dealmakers are upbeat, forecasting transactions will pick up in the second half of 2024.... 


SHINING INVITATION
De Beers Group is calling on young aspiring jewellery designers from their producer countries to enter the 2024 Shining Light Awards
Awards focus on development of designers
28th June 2024 By: Simone Liedtke

By focusing on sustainability, innovation and comprehensive industry exposure, diamond miner De Beers’ Shining Light Awards is evolving to meet the changing needs of the jewellery industry to... 


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pqt: 0.871s - ct: 1.103s - 363pq - 2rq
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