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Diamonds

The De Beers logo on a building
Wanblad says Anglo not exclusive with any consortium on De Beers sale
30th July 2026 By: Reuters

Anglo American CEO Duncan Wanblad said on Thursday the company was "not exclusive with any consortium" on the sale of its diamond unit De Beers. This follows recent media reports that the... 


Rough diamonds recovered by De Beers
Anglo said to be in talks to sell De Beers for about $1bn
29th July 2026 By: Bloomberg

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... 


The Letšeng mine
Higher prices boost Gem Diamonds' first-half earnings, despite lower output
28th July 2026 By: Creamer Media Reporter

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... 


The Cullinan diamond mine
Petra notes constrained revenue generation as corporate restructuring continues
28th July 2026 By: Lumkile Nkomfe

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... 


Andrada Mining CEO Anthony Viljoen
Andrada reports sizable mineralised extension of Lithium Ridge project
28th July 2026 By: Lumkile Nkomfe

Following the undertaking of its Lithium Ridge project sampling programme, in Namibia, Aim-listed Andrada Mining has reported that results have extended the surface mineralisation of the project by... 


Minerals Council South Africa CEO Mzila Mthenjane.
Industry leaders, researchers, govt partners, innovators gather to modernise mining
23rd July 2026 By: Martin Creamer

The future of modernisation in South African mining will not be forged by individual companies or institutions working in isolation but collectively by industry leaders, researchers, government... 


Rough diamonds produced by De Beers
De Beers' rough diamond production increases, but prices, demand remain under pressure
23rd July 2026 By: Creamer Media Reporter

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... 


A map indicating the global distribution and regional exposure profile of baseline water stress for mining and metals facilities
Competition for water resources a risk to the global energy transition, warns ICMM
22nd July 2026 By: Chanel de Bruyn

Mining and metals advocacy group the ICMM warns that water availability could, in many regions, act as a constraint on the development of new mines and related facilities, particularly for the... 


BSE chairperson Neo Mooki and DMCC chairperson and CEO Ahmed Bin Sulayem hold a signed document marking the partnership
DMCC, Botswana Stock Exchange Group sign MoU to expand market access for Botswana's commodity exports
15th July 2026 By: Creamer Media Reporter

International business district that drives the flow of global trade through Dubai, DMCC, has signed a memorandum of understanding (MoU) with the Botswana Stock Exchange Group (BSE), operator of... 


Surface operations at the Venetia mine
NUM expresses strong disapproval of jobs cuts by De Beers in South Africa
14th July 2026 By: Lumkile Nkomfe

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... 


A 1 305.4 ct diamond recovered at Lucara's Karowe mine
Karowe delivers its tenth diamond of over 1 000 ct
14th July 2026 By: Creamer Media Reporter

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... 


De Beers CEO Al Cook
De Beers to pause Venetia production amid portfolio, organisational changes
13th July 2026 By: Sabrina Jardim

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... 


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... 


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