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Polished diamonds
G7 to discuss four versions of Russian diamond ban this week – sources
19th October 2023 By: Reuters

G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from January 1, from light-touch self-regulation to strict import measures, laying bare differences that... 


Rio launches exclusive diamond tender
19th October 2023 By: Esmarie Iannucci

PERTH (miningweekly.com) – Major Rio Tinto has launched a new exclusive sales event for some of the diamonds recovered from its Australian and Canadian mines. Known as The Beyond Rare tender, the... 


Petra reports lower revenue in Tender 2 sales on back of market dynamics
17th October 2023 By: Marleny Arnoldi

London-listed Petra Diamonds has announced the full results of its second sales tender for the 2024 financial year, having sold 444 029 ct for $40.5-million in revenue. The second sales tender... 


Lucapa marks successful diamond tender
13th October 2023 By: Esmarie Iannucci

Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola. The company sold 534.9 ct by tender,... 


What works and what does not work - Botswana’s Mining Policy and Investment Climate
13th October 2023

Coming from the Behind: Most observers agree that Botswana has successfully created an investor friendly business environment for mining companies and in the process surpassed her neighbours who... 


South Africa's mine output for August down 2.5% y/y
12th October 2023 By: Creamer Media Reporter

Mining production decreased by 2.5% year-on-year in August, with diamonds, manganese ore and 'other' metallic minerals having made the largest negative contributions. Diamond output was down by... 


Mountain Province is a 49% participant with De Beers Canada in the Gahcho Kué mine in Northwest Territories.
Canadian diamond miner pauses discretionary spending amid challenging market conditions
9th October 2023 By: Mariaan Webb

Canadian diamond miner Mountain Province has paused all discretionary spending to focus on cash generation and repaying debt, president and CEO Mark Wall said on Friday. In its third-quarter... 


Petra Diamonds' Finsch mine, in South Africa
Petra expects two-month import moratorium to help balance diamond market, prices
6th October 2023 By: Marleny Arnoldi

London-listed Petra Diamonds has released initial results for its Tender 2 sales, which have been brought forward owing to a two-month moratorium on diamond imports to India starting on October... 


Image if Krone-Endora diamonds
Krone-Endora at Venetia project expansion, South Africa – update
6th October 2023 By: Sheila Barradas

Diamcor Mining plans to complete a term loan financing for and the continued advancement of the work programmes under way at Krone-Endora, besides other purposes. 


The Lulo mine, in Angola
Lucapa appoints Selby as CEO and MD
5th October 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company, which holds a 40% interest in the Lulo mine, in Angola, and a 70% interest in the Mothae mine, in Lesotho, has appointed Nick Selby as CEO and MD. Selby has... 


Rough Diamonds mined at De Beers' operations
De Beers reports lower sales as rough diamond availability is reduced amid lower demand
5th October 2023 By: Creamer Media Reporter

The value of De Beers' rough diamond sales for the eighth sales cycle of this year decreased to a provisional $200-million, as the diamond miner reduced its rough diamond availability in light of... 


GSSA fellow Dr Tania Marshall
Small diamond mining industry in sharp focus at symposium
4th October 2023 By: Darren Parker

Raising the profile of small-scale and artisanal diamond miners by fostering stronger networks, investing in future talent and addressing the industry's challenges were key focus points for the... 


A diamond nestled in kimberlite
Gem Trader HB Antwerp ends feud as Botswana weighs diamond sales deal
3rd October 2023 By: Reuters

HB Antwerp, a Belgian gem processor and trader, said that one of its founding members who was fired last month has been reinstated, amid a pending deal with Botswana for the supply of rough stones.... 


The Krone-Endora at Venetia mine
Diamcor seeks to raise C$5m
3rd October 2023 By: Creamer Media Reporter

Canadian diamond mining company Diamcor Mining, which owns and operates the Krone-Endora at Venetia mine, in South Africa's Limpopo province, plans to complete a term loan financing of up to... 


Haul trucks at one of Debswana's operations
De Beers signs ten-year sales deal for Botswana diamonds
2nd October 2023 By: Bloomberg

Anglo American unit De Beers and Botswana’s government signed a deal covering the main aspects of a new sales and mining agreement for their Debswana diamond venture in the African nation. The pact... 


Lucara terminates HB Trading sale agreement
Lucara terminates HB Trading sale agreement
28th September 2023 By: Mariaan Webb

Canadian diamond miner Lucara Diamond has terminated the sales agreement with HB Trading, following a “material breach of financial commitments” by HB. Lucara says it will continue to use its... 


Image of The Thorny River project area
Thorny River diamond dyke project, South Africa – update
22nd September 2023 By: Sheila Barradas

Botswana Diamonds is awaiting outstanding permits to mine Thorny River. 


Karowe Cool: IWC’s cooling solution beats Botswana’s heat
Karowe Cool: IWC’s cooling solution beats Botswana’s heat
21st September 2023

Amidst the scorching heat and diamond rich landscapes of Botswana, a unique challenge emerged – cooling excellence without the hassle. The demand was clear: a cooling solution that would harmonize... 


Alrosa suspends diamond allocations for Sept-Oct
Alrosa suspends diamond allocations for Sept-Oct
20th September 2023 By: Reuters

Russian diamond producer Alrosa has suspended rough diamond allocations for September and October after a request from India's leading trade body, the Gems and Jewellery Export Promotion Council... 


An oil and gas exploration rig in Namibia
Africa’s newest oil jackpot comes with a corruption curse
20th September 2023 By: Bloomberg

It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of... 


G7 plans Russian diamond imports ban by year-end, Belgium says
15th September 2023 By: Bloomberg

A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks, a Belgian official said Friday. The mechanism will consist of a direct ban on... 


Image of Petra Diamonds Finsch Mine, South Africa
Petra confident of medium-, long-term lift in market
15th September 2023 By: Natasha Odendaal

In a diamond market that is softer than anticipated, London-listed Petra Diamonds is moving ahead with confidence despite a downturn in its financial performance for the year ended June 30, 2023.... 


Image of Venetia Underground Project
Venetia Underground Project, South Africa – update
15th September 2023 By: Sheila Barradas

Venetia has delivered its first production. 


De Beers ends lab-grown engagement diamonds foray as prices drop
13th September 2023 By: Bloomberg

De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives continue to cannibalise demand in one of the company’s most important markets.... 


Burgundy shares rise as revenues soar
13th September 2023 By: Esmarie Iannucci

The share price of diamond miner Burgundy Diamonds jumped more than 16% on Wednesday after the company flagged higher revenue for the third quarter to date, following the acquisition of the Ekati... 


As a proof-of-concept project, Marsfontein is delivering diamond recoveries and values above expectations
Mining of dumps, exploration ongoing at Marsfontein project
13th September 2023 By: Cameron Mackay

Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa,... 


Rough diamonds being sorted
HB Antwerp co-founders clash over gem trader's future as Botswana deal looms
12th September 2023 By: Reuters

Diamond processor and trader HB Antwerp said on Monday it had removed one of its three co-founders from management following differences over strategy, a development that comes amid a pending sales... 


An image depicting Mihlali Sitefane
Great potential in Zim Mining despite challenges
8th September 2023 By: Sabrina Jardim

Despite the Zimbabwean mining sector exhibiting positive indicators, such as increased sector growth, economic growth and new legislative interventions aimed at increasing the ease of mining, the... 


Amplats announces PlatAfrica design competition finalists
7th September 2023 By: Tasneem Bulbulia

In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum... 


Multotec has developed a range of self-extinguishing flame-resistant rubber screen panels to mitigate the risk of fire
Mitigating fire risk with Multotec’s robust flame-resistant rubber screen panels 
6th September 2023

Multotec has developed a range of flame-resistant rubber screen panels that self-extinguishes in under 60 seconds, thereby significantly reducing the risk of fire and the associated loss of... 


The Mir mine flooded in 2017, killing eight people. The new mine will replace output from the Mir mine and will be called Mir-Gluboky.
Alrosa starts construction of big new diamond mine
5th September 2023 By: Reuters

Russia's Alrosa, the world's biggest diamond producing company, has started construction of a giant new mine to replace one closed by flooding that killed eight people in 2017, regional authorities... 


Lab-grown diamonds
Lab-grown gems are crashing prices for one key type of diamond
4th September 2023 By: Bloomberg

One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as a growing number of Americans choose engagement rings made from lab-grown stones instead. Diamond... 


Gem Diamonds swings to $1m loss in H1
31st August 2023 By: Marleny Arnoldi

London-listed Gem Diamonds has posted a loss a share of $0.07 and lower underlying earnings before interest, taxes, depreciation and amortisation of $8.4-million for the six months ended June 30,... 


India asks US to release funds frozen over suspected Russia diamond link - sources
India asks US to release funds frozen over suspected Russia diamond link - sources
30th August 2023 By: Reuters

India has asked the United States to release $26-million belonging to at least two Indian diamond firms frozen due to their alleged trade links with sanctioned Russian diamond major Alrosa, three... 


Rough diamonds
Diamond producers adapting to rapidly changing landscape, says BDO
28th August 2023 By: Marleny Arnoldi

The diamond industry has faced multiple challenges leading to a notable shift in its landscape over the last few years, says personal liability company BDO South Africa. Natural resources partner... 


Lucapa swings to first-half profit, now debt free
28th August 2023 By: Tasneem Bulbulia

Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality... 


An image of Petra Diamonds' Cullinan mine
Demand at Petra’s first 2024 financial year tender muted, but expected to pick up
25th August 2023 By: Tasneem Bulbulia

London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional... 


Image of an electric bulldozer at the charging dock
Emissions predicted to increase with EV boom
25th August 2023 By: Bridget Lepere

As electric vehicles (EVs) gain traction, the strain on electricity supply, especially national power grids, will be more, with an increase in the carbon dioxide (CO2) emissions associated with... 


The Letšeng mine
Gem maintains full-year diamond recovery guidance, despite lower treated tons
22nd August 2023 By: Creamer Media Reporter

London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, says it will maintain its full-year guidance on carat recoveries and sales, despite lowering its guidance for... 


A 692.3 ct diamond recovered at Karowe
Lucara recovers 692 ct diamond at Karowe
21st August 2023 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has recovered a 692.3 ct white gem-quality diamond at its Karowe mine, in Botswana. The diamond is the fourth diamond weighing more than 300 ct to be... 


The Karowe underground expansion project
Lucara to reappoint Lamb as CEO
15th August 2023 By: Marleny Arnoldi

Canadian-headquartered Lucara Diamond Corporation has announced plans to reappoint William Lamb president and CEO of the company, as well as director, succeeding Eira Thomas. Lamb brings to the... 


Magazine cover image
Better resources, collaboration required to tackle mine security as illegal mining spikes
11th August 2023 By: Nadine James

Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of... 


Magazine cover image
Better resources, collaboration required to tackle mine security as illegal mining spikes
11th August 2023 By: Nadine James

Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of... 


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