Investing in African Mining Indaba is honoured to announce that the Prime Minister of the Democratic Republic of Congo (DRC), Jean-Michel Sama Lukonde will be attending Mining Indaba 2024 where he... 

Diamond miner De Beers recorded provisional rough diamond sales of $370-million in its first sales cycle of this year. This was lower than the $454-million of sales recorded for the first sales... 

Angola President João Lourenço will deliver the keynote address at this year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre, from February 5 to... 

Using its hands-on experience to adapt for greater impact, diamond miner De Beers’ Beneficiation Programme continues to put in the ‘hard yards’ to transform the diamond space through sustainable... 

BSE- and Aim-listed Botswana Diamonds has completed a gravity survey over four high-grade geophysical targets that had good magnetic response in a previous survey undertaken by the company.... 

Canada on Thursday formally gave the giant Arctic territory of Nunavut control over its reserves of gold, diamonds, iron, cobalt and rare earth metals, a move that could boost exploration and... 

London-listed Petra Diamonds is heading into the second half of its 2024 financial year with caution, as the rough diamond market continues to stabilise following actions taken by producers and... 

De Beers made big cuts to its diamond prices as the world’s top producer tries to revive gem sales after the market ground to a halt last year. The industry almost came to a complete standstill in... 

Canadian miner Diamcor Mining says it will turn its focus back to the advancement and growth of its Krone-Endora at Venetia project, in South Africa’s Limpopo province, this year, following various... 

London-listed Gem Diamonds has recovered a high-quality 295 ct Type II white diamond from the Letšeng mine, in Lesotho. The Letšeng mine is among the ten biggest diamond producers by revenue.  

Canadian miner Lucara Diamond Corporation has recovered a 166 ct diamond from the Karowe diamond mine, in Botswana. The Type IIa diamond was recovered in the Coarse X-Ray Transmission unit at... 

Global diamond giant De Beers said it will go ahead with a planned $1-billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year's downturn in gem demand... 

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... 

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... 

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.... 

Star Diamonds’ technical team is once again focused on the technical investigation and evaluation of the project. 

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... 

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... 

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 

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... 

Forging transformation in the diamond sector through nurturing carefully selected small businesses, De Beers takes a hands-on approach that adapts to past experience. This has led the company to... 

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... 

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%... 

Zimbabwe is using the proceeds of its platinum exports to settle a $400-million loan from the African Export-Import Bank as the indebted nation turns to its mineral wealth to open lines of credit.... 

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... 

Battery metals development company NextSource Materials, which is developing the Molo graphite project, in Madagascar, has appointed Johnny Velloza as interim COO as successor to Robin Borley, who... 

Department of Higher Education and Training deputy director-general Zukile Mvalo has stressed the importance of ensuring that a lack of skills does not become a constraint for the recovery and... 

By: Sheila Khama In many countries, extractives State Owned Enterprises, (SOEs) dominate economies but performance in governance and development terms varies. Some are spectacularly successful and... 

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... 

Liberian President-elect Joseph Boakai, who defeated President George Weah in the November 14 Presidential runoff, says his administration will take a close look at mining concessions to ensure... 

World Diamond Council (WDC) president Feriel Zerouki has said the finalisation of arrangements for the establishment of a permanent Kimberley Process (KP) secretariat in Gaborone, Botswana, in... 

London-listed Gem Diamonds has reached agreement with Matekane Mining Investment Company (MMIC) to terminate MMIC's load and haul contract at the Letšeng mine, in Lesotho, with effect from December... 

Deputy Finance Minister Alexei Moiseev said on Tuesday the world diamond market had no way of making up for the loss of Russian diamonds owing to Western sanctions. "An artificial restriction of... 

De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase all the stones they’re contracted to buy....