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Diamonds

Mineral Resources and Energy Minister Gwede Mantashe
Mantashe signals opposition to BHP-Anglo deal
25th April 2024 By: Bloomberg

South African Mines Minister Gwede Mantashe signaled his opposition to BHP Group Ltd.’s proposed takeover of Anglo American. The offer by the world’s largest miner envisages an all-share deal in... 


The Letšeng mine
Gem to report 15% q/q rise in carat sales for the first quarter
25th April 2024 By: Creamer Media Reporter

London-listed Gem Diamonds notes in a trading update for the first quarter of this year that it sold 32 571 ct of diamonds recovered from its 70%-owned Letšeng mine, in Lesotho. This represents a... 


Anglo American's corporate head office in South Africa
Anglo shareholder LGIM says BHP approach 'unattractive'
25th April 2024 By: Reuters

Legal & General Investment Management, one of the 20 largest shareholders in Anglo American said an approach by BHP Group is "highly opportunistic" and "unattractive". "As with many other... 


Minerals Council South Africa CEO Mzila Mthenjane.
How 30 years of democracy has transformed South Africa's mining industry
25th April 2024 By: Martin Creamer

South Africa’s 30 years of democracy has changed the character of this country’s mining industry profoundly, Minerals Council South Africa emphasised in a report that highlights the industry’s... 


The combined entity will have a leading portfolio of tier-one assets, focused on iron-ore, metallurgical coal and future facing commodities, including potash and copper.
BHP makes £31bn offer for Anglo American
25th April 2024 By: Mariaan Webb

Diversified mining major BHP on Thursday announced a proposed all-share offer that values Anglo American at £31.1-billion. The deal has the potential to transform the mining industry landscape.... 


rough diamonds being sorted using tweezers
Diamond council urges industry to transition to revised System Of Warranties urgently
24th April 2024 By: Darren Parker

The World Diamond Council’s (WDC’s) revised System of Warranties (SoW) is set to reach its first critical deadline on September 21, when it becomes obligatory for all rough diamond sales.   “We... 


Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


A truck transporting material from the Jwaneng mine
De Beers lowers full-year production guidance on high market inventory levels
23rd April 2024 By: Creamer Media Reporter

Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to the... 


203 ct Type IIa diamond
Lucapa sells three diamonds for $10.5m in first tender
22nd April 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender. The tender was concluded on April 19 and was conducted... 


Gem Diamonds' 169.15 ct Type II white diamond
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 By: Marleny Arnoldi

London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the... 


From left, Dr Rebecca Maserumule, Sietse van der Woude, Zanele Mavusa Mbatha
Minerals Council South Africa setting out to boost local demand for green hydrogen
17th April 2024 By: Martin Creamer

Minerals Council South Africa is focused on increasing the domestic demand for green hydrogen, which it sees as contributing to the kickstarting of the hydrogen economy in South Africa. “The... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Diamonds
GSSA to host West Coast Diamonds event, excursion in May
16th April 2024 By: Marleny Arnoldi

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 


Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
12th April 2024 By: Reuters

Antwerp World Diamond Centre (AWDC) CEO Ari Epstein resigned unexpectedly on Thursday, the AWDC's board of directors said in a statement. A spokesperson for AWDC, Belgium's main diamond industry... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Botswana Diamonds chairperson John Teeling.
Artificial intelligence to be applied to Botswana Diamonds’ database
9th April 2024 By: Martin Creamer

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 


Karst MD Guy Richards.
Use underground mines for electricity storage, optimise mine water use – Karst Hydro
8th April 2024 By: Martin Creamer

South Africa’s many underground mines can be used as batteries that store the clean electricity that the water descending for cooling can provide. At the same time, the local community could end up... 


Pink diamond
Sodiam to host online rough diamond tender on April 19
8th April 2024 By: Marleny Arnoldi

Angolan national diamond trading company Sodiam will host an online rough diamond tender in collaboration with Trans Atlantic Gem Sales on April 19. Viewings will take place between April 11 and... 


Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 


Koffiefontein mine
Petra on track to deliver significant cost savings, mulls retrenchments
8th April 2024 By: Marleny Arnoldi

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 


The Renard project
Court approves Winsome’s Renard project option
8th April 2024 By: Creamer Media Reporter

Australia-listed Winsome Resources has paid a C$4-million option fee to secure the acquisition rights for the Renard project, in Quebec. This comes as the Superior Court of Quebec approved an... 


Bold Baatar
Baatar appointed Rio Tinto COO to spearhead global business development
8th April 2024 By: Mariaan Webb

Multinational mining giant Rio Tinto has announced the appointment of Bold Baatar as its COO, tasked with spearheading the group's commercial and business development endeavors worldwide. Baatar's... 


The next breakthrough must be zero fatality
Mines investing R46m to put an end to fall-of-ground fatalities
5th April 2024 By: Martin Creamer

South Africa’s mining industry is investing R46-million in an action plan to eliminate fall-of-ground (FoG) fatalities. The FoG action plan is being implemented through Minerals Council South... 


The Renard mine is about 60 km from the Adina resource.
Winsome’s diamond mine bid may advance pathway to lithium production
4th April 2024 By: Mariaan Webb

Australia-listed explorer Winsome Resources on Thursday unveiled an exclusive option agreement to acquire the assets of the idled Renard mine, in Quebec, in a move that may accelerate its path to... 


Russia confirms deal to buy part of diamond producer Alrosa's output
2nd April 2024 By: Reuters

Russia will regularly buy diamonds from sanctions-hit producer Alrosa ALRS.MM through a state fund, the finance ministry said on Thursday, a move that suggests Western restrictions on Russia's... 


Canada's mild winter disrupts key ice road to remote Arctic diamond mines
Canada's mild winter disrupts key ice road to remote Arctic diamond mines
2nd April 2024 By: Reuters

An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines, and De Beers to... 


KAROWE UNDERGROUND DEVELOPMENT
Lucara Diamond Corporation is expanding the Karowe mine to access the underground orebody, thereby extending the life-of-mine to at least 2040
Diamond miner progresses Botswana shaft sinking
29th March 2024

Diamond explorer and miner Lucara Diamond Corporation made significant shaft sinking progress in 2023 at its Karowe underground project, in Botswana, where the miner invested $101.3-million for the... 


Mineral sands
Kazera readies for production of heavy mineral sands, diamonds
27th March 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 


Star Diamond now owns 100% of Saskatchewan project
27th March 2024 By: Creamer Media Reporter

Canada-based Star Diamond on Tuesday completed the transaction to buy Rio Tinto Exploration Canada’s (RTEC’s) 75% interest in the Fort a la Corne project, in central Saskatchewan. Star Diamond has... 


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pqt: 0.245s - ct: 0.319s - 110pq - 2rq
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