Diamond Mining

Business rescue practitioners (BRPs) Daniel Theodorus van Jaarsveld and Luke Bernard Saffy have taken over the custodianship of London-listed Petra Diamonds' Finsch mine, in South Africa, and will... 

Diamond miner Gem Diamonds recorded revenue of $32.1-million for the quarter ended March 31, supported by the sale of large, high-value diamonds recovered at its Letšeng mine, in Lesotho. During... 

Once anchored on its natural diamond mining sector, Botswana’s diamond mining industry has been on a decline as a result of a growing demand for cheaper lab-grown diamonds and other factors related... 

Despite ongoing economic challenges stemming from the rise of lab-grown diamonds – considering Botswana was a major miner of natural diamonds – and depressed global diamond demand, professional... 

The project has been materially derisked following the completion of shaft sinking in 2025. 

As Botswana’s mining sector continues to diversify, there are significant opportunities to support more efficient, resilient and sustainable mining operations, reports manufacturer of mining... 

The joint provisional liquidators of Ekapa Minerals and Ekapa Resources have launched a formal process to sell the Ekapa Diamond Mine, targeting both domestic and international investors, as... 

Diamond miner Lucara Diamond Corporation has reported a ‘transformational’ first quarter of the year, with the successful completion of its equity and bond financings for the Karowe underground... 

London-listed Petra Diamonds has embarked on an immediate cost and capital expenditure (capex) reduction assessment to preserve liquidity across the group and is considering suspending further... 

Debswana is pressing ahead with its plan to prolong the life span of its flagship Jwaneng mine to 2054. 

The underground project is progressing in line with the mine's reconfigured plan. 

ASX-listed Burgundy Diamond Mines has advised that its subsidiary, Arctic Canadian Diamond Company, has filed for insolvency protection under the Companies’ Creditors Arrangement Act, in British... 

Botswana's President has clinched multiple agreements with Oman, including on mineral exploration, oil storage infrastructure and renewable power, during a visit to the Gulf nation designed to... 

The Mooi Plaats solar photovoltaic project has begun commercial operation. The project supports 240 MW of green energy to South African platinum, diamond and iron-ore mines. This achievement is... 

Lucara has closed a $350-million senior secured bond issue, providing the financial certainty needed to progress the project to completion. 

Jillian Wolk has been appointed CEO of diamond miner De Beers' diamond traceability subsidiary Tracr, with effect from May 1. She succeeds Wesley Tucker, who stepped down at the end of February... 

Canada-headquartered Lucara Diamond Corp has closed a $350-million senior secured bond issue, providing the financial certainty needed to take its Karowe underground project (UGP) in Botswana... 

Rio Tinto has marked the end of production at its Diavik diamond mine in Canada’s Northwest Territories, concluding more than two decades of operations that yielded over 150-million carats of rough... 

Like most diamond miners, London-listed Gem Diamonds has been experiencing marked weakness in the diamond market, which led to the company reporting a loss of $9.1-million before exceptional items...