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Dubai Multi Commodities Centre (DMCC), the international business district that drives the flow of global trade through Dubai, has announced a new memorandum of understanding (MoU) between the...
De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate. The cuts come at the...
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...
Industry body the World Diamond Council has highlighted that the transition period to its revised System of Warranties will conclude on September 21. With fewer than three months remaining of the...
The Democratic Republic of Congo has signed an agreement with Switzerland-based diamond and gemstone technology firm ADEX Platform for the marketing of Congolese diamonds, under which they will...
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...
Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion, marking a significant shift in the global diamond landscape that has...
Botswana is seeing a soft recovery in diamond demand in key consumer markets such as the US and China, its mines minister Bogolo Joy Kenewendo said on Tuesday, in part supported by a global...
As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour and ongoing...
A sale of De Beers, Anglo American's diamond unit, has never been closer, its CEO said on Tuesday, adding that a deal could come within weeks. Anglo put De Beers - one of the world's leading...
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...
Diamond miner De Beers has shared its latest research on US consumer trends in its latest 'US Diamond Acquisition Study' report, which found that jewellery that includes natural diamonds are the...
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...
The phased rollout of the new online mining licensing system – the cadastre – is progressing steadily, with Western Cape applications being received and processed online, Parliament was informed on...
The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Development Fund – a...
The Gemological Institute of America (GIA) has entered into a definitive agreement to acquire a 30% shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering...
Amid continued weakness in the diamond market, London-listed Petra Diamonds has decided to place its Finsch mine, in South Africa, in business rescue in order to protect the overall business. CEO...
The mining cadastre under development by South Africa’s Department of Minerals and Petroleum Resources (DMPR) must be rolled out “effectively, rapidly and transparently”. That was the emphatic...
With disciplined policy reform, modernisation and partnerships, mining can elevate South Africa’s economic development, industrial capability and social progress. “We can unlock growth, skills and...
There is an urgent need for a one-stop shop for mineral right applications to coordinate and align all relevant regulations from other departments, to streamline and expedite approval processes....
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...
As preparations begin for the Investing in African Mining Indaba 2027, the event is sharpening its focus on how partnerships across African mining translate into practical outcomes and investment...
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 ownership transition of Cementation Africa is enabling this underground mining contracting business to advance at a time of capital investment uptick in mining. Transitioning outside of the...
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...
Ronnie VanderLinden was appointed the new president of industry organisation the World Diamond Council (WDC) at its 2026 AGM, in Antwerp, Belgium on May 7, succeeding Feriel Zerouki. Taking office...
Owing to the complexity and variability of Southern Africa’s geology, mining operations require innovative, robust technology capable of custom blast patterns. Explosives manufacturer BME’s...
The conditions under which the world's rarest and most valuable gem-quality diamonds – referred to as Cullinan-like, large, inclusion-poor, pure, irregular and resorbed (CLIPPIR) – form have...
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