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Diamond Mining News
Anglo American is discussing a deal worth about $1-billion to sell its De Beers diamond business, just a fraction of what the one-time diamond monopoly was once worth. Anglo has been looking to...
Despite a 12% year-on-year decrease in recovered carats to 41 695 ct for the first six months of this year, London-listed Gem Diamonds recorded a 33% year-on-year increase in sales value to...
London-listed Petra Diamonds has reported that its revenue for the fourth quarter of the 2026 financial year amounted to $38-million, marking a sharp decline from the $68-million in the third...
Sensors are the foundation for optimal mine automation and digitalisation, asserts Upstream Technology head Michael Curtis, noting: “Sensor technology is the foundational building block of any...
Global diamond miner De Beers has reported an 88% year-on-year increase in rough diamond production to 7.8-million carats for the second quarter of this year, taking the company's output for the...
Discover why commercial valves fail in Dense Media Separation (DMS) circuits, and how severe-duty knife gate valves permanently eliminate wire-drawing.
Anglo American has chosen a preferred buyer for its stake in diamond producer De Beers, with Botswana weighing whether to exercise its right of first refusal either on its own, with Anglo's chosen...
De Beers Group has decided to pause production at its Venetia mine for two years to reduce costs while also rephasing capital expenditure on the Venetia Underground Project.
Labour union the National Union of Mineworkers (NUM) has strongly decried the plans announced by multinational diamond company De Beers and De Beers Sightholder Sales South Africa (DBSSSA) to pause...
Diamond miner Lucara Diamond Corp has recovered a 1 305.4 ct diamond from its Karowe mine, in Botswana, marking the tenth diamond weighing more than 1 000 ct to be recovered at the mine. "The...
Diamond miner De Beers Group has, consistent with recent actions to improve business resilience, decided to pause production at its Venetia mine, in South Africa, for two years to reduce costs...
The underground project is progressing in line with the reconfigured plan.
Aim-listed Kazera Global’s subsidiary Whale Head Minerals (WHM) has entered into a long-term mining cooperation and production sharing agreement with South Africa AT Investments (SAI), establishing...
Aim-listed Kazera Global has agreed to acquire additional interests in Whale Head Minerals (WHM) and Deep Blue Minerals (DBM), the company’s South African heavy mineral sands and diamond interests...
As TSX-listed Mountain Province Diamonds continues to pursue a potential restructuring transaction among its shareholders and creditors, which may include a "go-private" transaction, share...
The natural diamond industry’s legacy operating model of scarcity driving desire and desire driving price is under strain and as the industry moves forward, producers and traders confront pressures...
Trade union the National Union of Mineworkers (NUM) has condemned the decision by London-listed Petra Diamonds to place the Finch diamond mine in Kimberley under business rescue and to issue a...
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...
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