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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... 


Miners tap trucks, divert shipments to sidestep Canada rail woes
Miners tap trucks, divert shipments to sidestep Canada rail woes
23rd August 2024 By: Bloomberg

Two mining giants are re-routing shipments and turning to trucks to deal with disruptions from a Canadian railway stoppage that threatens to undermine the industry’s operations. Rio Tinto Group... 


Four large bricks of platinum on a white background
Survey highlights PGMs’ socioeconomic contribution
23rd August 2024

To develop an improved understanding of the extent to which mining matters to nearby communities, and more broadly to South Africa as a whole, mining industry lobby association Minerals Council... 


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)... 


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... 


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... 


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... 


Pandora CEO says diamond market faces disruption in next decade
Pandora CEO says diamond market faces disruption in next decade
13th August 2024 By: Bloomberg

Pandora A/S’s chief executive officer expects it will take less than ten years before consumers buy more lab-grown diamonds than mined stones because they increasingly weigh up costs and climate... 


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... 


Image of rough diamonds
Star-Orion South diamond project, Canada – update
2nd August 2024 By: Sheila Barradas

Star Diamonds Corp has reported a mineral resource estimate for the project. 


Members of the Winsome team inspecting the Renard processing facilities.
Winsome extends Renard option to year-end
1st August 2024 By: Creamer Media Reporter

Lithium explorer and developer Winsome Resources has extended the exclusive option to acquire the Renard project, in Canada, to the end of 2024, buying the company more time to complete its due... 


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... 


Rio Tinto forms biocarbon JV in Quebec
29th July 2024 By: Creamer Media Reporter

Diversified miner Rio Tinto and Aymium have formed a new joint venture (JV) named Évolys Québec to manufacture a renewable metallurgical biocarbon product to reduce carbon emissions in large-scale... 


Teck's Highland Valley copper operations in Canada
Teck draws M&A attention from big miners in rush for copper
29th July 2024 By: Bloomberg

The world’s biggest miners are back in serious dealmaking mode and Teck Resources is taking center stage. The Canadian miner, which has exited its coal business with a sale this month to Glencore,... 


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... 


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... 


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 


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... 


De Beers Group's sorting building in Johannesburg awarded prestigious green ratings
De Beers Group's sorting building in Johannesburg awarded prestigious green ratings
23rd July 2024

De Beers Group is proud to announce that its new rough diamond sorting, valuation, and sales building, Sky Park, located in Johannesburg, has received the prestigious 5-star interior green rating... 


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... 


Photo of Martin Creamer
On The Air (19/07/2024)
19th July 2024 By: Martin Creamer

Martin Creamer talks about platinum mining, diamonds and green hydrogen. 


Academy Award-winning actress, Lupita Nyong'o, visits South Africa's Venetia diamond mine
Academy Award-winning actress, Lupita Nyong'o, visits South Africa's Venetia diamond mine
19th July 2024

Academy Award-winning actress and De Beers Global Ambassador, Lupita Nyong'o, visited the world-class Venetia diamond mine in Limpopo, South Africa this week. At Venetia, one of the world’s leading... 


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... 


Mining output on track for second-quarter decline – Minerals Council
12th July 2024 By: Sabrina Jardim

Statistics South Africa (Stats SA) has reported that seasonally adjusted total mining production declined by 0.6% month-on-month in May. This follows a 0.8% month-on-month rise in April. In level... 


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... 


Zimbabwe Mining Law Masterclass
10th July 2024

Effectively Navigate Regulatory Frameworks and Compliance Strategies in the Zimbabwean Mining Industry! The Zimbabwe Mining Law Masterclass emerges as a response to the regulatory landscape of... 


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... 


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