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Diamonds

LDB president Charlotte Rose and DDE chairperson Ahmed Bin Sulayem
DMCC’s Dubai Diamond Exchange, London Diamond Bourse sign MoU to strengthen global diamond trade
8th July 2026 By: Sabrina Jardim

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... 


Parcels of rough diamonds
De Beers makes deep diamond price cuts for shrinking buyers club
7th July 2026 By: Bloomberg

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... 


Kazera increases interest in South African assets
7th July 2026 By: Tasneem Bulbulia

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... 


Gahcho Kué mine
Canadian diamond miner Mountain Province to soon delist from TSX
3rd July 2026 By: Marleny Arnoldi

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... 


A generic image of a diamond
Diamond council reminds industry revised System of Warranties deadline is nearing
2nd July 2026 By: Lumkile Nkomfe

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... 


Polished diamonds
Congo signs diamonds deal with Swiss firm ADEX
30th June 2026 By: Reuters

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... 


AVI KRAWITZ
The diamond industry is taking steps to give consumers assurance that the diamonds they purchase are ethically sourced and to give them the confidence to buy
Diamond industry at a turning point – expert
26th June 2026 By: Keabetswe Shilakwe

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... 


PAUL ZIMNISKY 
Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion
Angola rivals Botswana as top diamond supplier
26th June 2026 By: Keabetswe Shilakwe

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... 


People sorting diamonds
Botswana seeing soft recovery in diamond demand, mines minister says
23rd June 2026 By: Reuters

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... 


Businesses adapt as diamond industry evolves
Businesses adapt as diamond industry evolves
23rd June 2026 By: Sabrina Jardim

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... 


De Beers CEO Al Cook
De Beers CEO sees sale of diamond firm in 'weeks not months'
17th June 2026 By: Reuters

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... 


An image of the Cullinan diamond mine
NUM warns of 1 700 job loss risk as Petra’s mines enter business rescue
15th June 2026 By: Tasneem Bulbulia

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... 


People holding hands, with a diamond ring on the woman's hand
US consumers show preference for natural diamonds, De Beers report shows
11th June 2026 By: Sabrina Jardim

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... 


The Finsch mine
BRPs take custodianship of Petra's Finsch mine
10th June 2026 By: Creamer Media Reporter

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... 


Mineral and Petroleum Resources Minister Gwede Mantashe.
New cadastre processing W Cape mining licence applications, Parliament hears
4th June 2026 By: Martin Creamer

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... 


Dr Akinwumi Adesina
Former AfDB president Adesina appointed Diamonds for Development Fund chairperson
29th May 2026 By: Creamer Media Reporter

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... 


A diamond being processed for addition to the Tracr platform
GIA to acquire 30% stake in De Beers-backed Tracr
29th May 2026 By: Creamer Media Reporter

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... 


The Finsch diamond mine
Petra places Finsch mine in business rescue, takes further steps to cut costs
29th May 2026 By: Creamer Media Reporter

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... 


Minerals Council South Africa president Paul Dunne (centre) flanked by Minerals Council CEO Mzila Mthenjane (left) and vice-president Moses Madondo.
Cadastre must be rolled out ‘effectively, rapidly, transparently’ – Minerals Council
28th May 2026 By: Martin Creamer

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... 


Minerals Council South Africa CEO Mzila Mthenjane.
Mining can unlock growth, skills, job creation, Minerals Council AGM hears
27th May 2026 By: Martin Creamer

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... 


Minerals Council South Africa President Paul Dunne.
Urgent need for one-stop mineral rights shop, Minerals Council points out
27th May 2026 By: Martin Creamer

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.... 


A generic image of a diamond
Gem Diamonds reports lower sales volumes, but higher prices for the first quarter
20th May 2026 By: Lumkile Nkomfe

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... 


An ad announcing the theme of Mining Indaba 2027
Mining Indaba strengthens its focus on turning partnerships into tangible deliveries
19th May 2026 By: Creamer Media Reporter

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... 


 	The above image depicts Deloitte Africa reveals strategic transformation partner Simon Hirschfeld
Botswana doing well to diversify from diamonds – firm
15th May 2026 By: Lynne Davies

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... 


Cementation Africa MD Japie du Plessis (centre), Differential Capital Special Situations Fund Head Mark Salmon (right), and Mining Weekly's Martin Creamer (left).
Cementation Africa transitions ownership amid rise in mining investment
14th May 2026 By: Martin Creamer

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... 


Aerial view of the Ekapa mine
Ekapa mine placed on market as liquidators seek investor to preserve operations
11th May 2026 By: Creamer Media Reporter

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... 


Successful Karowe financing strategy ensures ‘transformational’ quarter for Lucara
Successful Karowe financing strategy ensures ‘transformational’ quarter for Lucara
8th May 2026 By: Sabrina Jardim

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... 


An image of the Finsch mine
Petra mulls options for Finsch mine amid cost pressures, suspends production guidance at Cullinan
8th May 2026 By: Tasneem Bulbulia

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... 


An image of Ronnie VanderLinden
WDC appoints new president, VP
8th May 2026 By: Tasneem Bulbulia

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... 


An image of BME's AXXIS Titanium system
Blasting solution meets Zambia’s complex geology demands
8th May 2026

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... 


UCT-led study reveals clues to the origin of the world’s largest diamonds
UCT-led study reveals clues to the origin of the world’s largest diamonds
5th May 2026 By: Sabrina Jardim

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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