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Diamonds

Halt in loadshedding could boost mining production, if sustained
12th April 2024 By: Creamer Media Reporter

South Africa has had more than two weeks without loadshedding and, if this can be sustained, it could push mining production for the full year into positive terrain, says Minerals Council South... 


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... 


Master Drilling CEO Danie Pretorius.
Mechanical cutting is going to be key for mining going forward – Master Drilling
26th March 2024 By: Martin Creamer

Mechanical cutting, in which huge progress is being made, is going to be key for the mining industry going forward, Master Drilling CEO Danie Pretorius emphasised on Tuesday, when his Johannesburg... 


An image of Botswana Diamonds' Ghaghoo mine.
Botswana Diamonds achieves several positive developments in 2023
25th March 2024 By: Tasneem Bulbulia

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 


AECI CEO Holger Riemensperger. Picture: Hush Naidoo.
Expect digital unveiling, more innovation, greenness from 100-year-old mining-wired AECI
22nd March 2024 By: Martin Creamer

Mining explosives and chemicals company AECI, which turned 100 this week, will be unveiling a digital strategy for the mining market during the course of this year. It is also looking to become... 


Debswana's Jwaneng mine, in Botswana
Debswana builds skills pipeline ahead of expanded operations at Jwaneng
22nd March 2024 By: Marleny Arnoldi

In preparation for Debswana’s upcoming Jwaneng underground project, in Botswana, the company has been fostering local talent and enhancing skills development by recruiting graduate learners in... 


203 ct diamond
Lucapa recovers 203 ct diamond in Angola
22nd March 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 


Mining explosives pioneer AECI celebrating 100 years of business at the JSE.
Stage set for mining explosives centenarian to capture global top-three spot
20th March 2024 By: Martin Creamer

The stage is set for proudly South African mining explosives trailblazer, AECI, to become the third biggest in its field globally by 2030, AECI Group chairperson Dr Khotso Mokhele told an... 


Lulo alluvial resource increases carats by 48%
18th March 2024 By: Sabrina Jardim

After accounting for mining depletion of 30 585 ct during the 2023 calendar year, ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have reported that alluvial... 


Retired Tiffany & Co exec appointed to Diamcor’s board
18th March 2024 By: Tasneem Bulbulia

Recently retired Tiffany & Co executive D. Wayne Howard has joined the board of diamond mining company Diamcor Mining as an independent director. “I am very pleased to announce the addition of Mr.... 


Low prices contribute to 65% y/y drop in Gem's Ebitda
14th March 2024 By: Creamer Media Reporter

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 


Russian diamond ban creates costly delays, Antwerp diamond dealers say
Russian diamond ban creates costly delays, Antwerp diamond dealers say
14th March 2024 By: Reuters

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 


The Karowe openpit
Updated study puts Karowe expansion project capital cost at $683m
14th March 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 


Ekati diamond mine
Burgundy renegotiates reclamation surety bonds payment schedule
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM), which operates the Ekati mine, in Canada, has secured an agreement in-principle with Canadian surety providers to extend the cash collateralisation schedule... 


Burgundy Diamond Mines CEO and MD Kim Truter
Burgundy CEO believes his diamond company is undervalued
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 


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