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India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said....
Diamond miner Petra Diamonds is making a series of changes to reduce the size and improve the efficiency of its board, going into 2024. Once these changes take effect, Petra's board will reduce...
Diamond miner De Beers' final sales cycle of this year has generated $130-million, an improvement on the $86-million in sales recorded in the ninth sales cycle of this year. Sales were, however,...
The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies in a desperate attempt to stop a collapse in prices. This year’s rout that was driven by...
The European Union (EU) Council has adopted a twelfth package of sanctions against Russia, the European Commission said in a statement on Monday, after Austria gave its final approval over the...
India's Surat diamond bourse will create 150 000 new jobs and become a "one-stop shop" for artisans and businessmen, Prime Minister Narendra Modi said as he inaugurated the new bourse in Gujarat....
Diamond producer Petra Diamonds has announced the final sales results for its third tender cycle following further sales of 56 600 ct for $9.3-million. This brings total sales for the cycle to...
Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on...
All mining and metals companies are being urged to embrace new guidance on reducing Scope 3 emissions, which was published by the International Council for Mining and Metals (ICMM) on Wednesday....
London-listed Petra Diamonds has entered into a nonbinding term sheet on an exclusive basis with an undisclosed interested party for the potential sale of the Koffiefontein diamond mine, in South...
ASX-listed Lucapa Diamond Company and Endiama and Rosas & Petalas – its partners in the Lulo alluvial mine, in Angola – have sold four "exceptional" diamonds recovered at the mine for a combined...
Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They...
Diamond mining group Petra Diamonds has sold 462 794 ct of diamonds for $58.7-million in its third tender for the 2024 financial year. This is higher than the 444 029 ct sold for $41.5-million in...
India, home to 90% of the world's diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in...
As Star Diamonds takes the reins in full ownership of the Fort à la Corne joint venture (JV), the company’s technical team is once again focused on the technical investigation and evaluation of the...
Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine. While the G-7 and its...
The South African mining industry is years ahead of its international peers when it comes to local and community engagement, Australia-listed Jupiter Mines, which owns 49.9% of the Tshipi manganese...
Statistics South Africa (Stats SA) has reported a marginal 0.2% contraction in gross domestic product (GDP) for the third quarter, compared with the second quarter, and a contraction of 0.7%...
The growth of investment in fresh new greenfield mining projects is lagging badly and the contribution of the South African mining industry to the national economy has more than halved in the last...
Finnivo software aims to simplify financial reporting processes for mining companies in Africa by automating the data collection process, thereby enabling finance teams to focus more on analysis...
Diversified miner Rio Tinto is selling its 75% interest in the Fort à la Corne diamond project, in central Saskatchewan, to joint venture (JV) partner Star Diamond Corp, for shares in the Canadian...
Diamond miner Lucara Diamond Corp, which has appointed Glenn Kondo CFO and corporate secretary, with effect from January 1, expects to mine between 3.6-million and 4.6-million tonnes and recover...
Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global...
Aim-listed Botswana Diamonds has undertaken a share placement and subscription with existing and new investors to raise £380 000 through the issue of 76-million new ordinary shares of £0.0025 each...
Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales...
South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far...
Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg....
The Kremlin, facing the prospect of a European Union ban on imports of Russian diamonds, said on Monday that EU sanctions tended to have a "boomerang effect" on those who applied them. Kremlin...
ASX-listed Lucapa Diamond Company has paused work on a feasibility study into its Merlin diamond project, in Australia's Northern Territory, to assess the potential development of a smaller-scale,...
If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the...
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