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Diamonds News
WDC calls for action to expand conflict diamonds definition 
By: Marleny Arnoldi 9th November 2021 World Diamonds Council (WDC) president Edward Asscher has implored Kimberley Process (KP) members to expand the definition of conflict diamonds to support long-term consumer confidence. He addressed delegates during the first day of the 2021 KP Plenary on November 8, highlighting that now was... →
Northern Cape community mining project helps curb illegal operations
By: Simone Liedtke 5th November 2021 In the midst of a desert wilderness, for about 109 km from the south bank of the Orange river, which forms part of the border between South Africa and Namibia, miner Lower Orange River Diamonds (LOR) has found a solution to illegal mining, a Community Artisanal Mining (CAM) project, which the... →
Mining modernisation to benefit junior miners, exploration in South Africa 
By: Schalk Burger 4th November 2021 The development and applications of technologies and techniques in mining to make it safer, more productive and more efficient are benefiting junior miners and adding tools and capabilities to stimulate minerals exploration in South Africa, mining and technology experts said on November 4. During... →
Lucara reports strong third-quarter production, revenue growth
By: Chanel de Bruyn 4th November 2021 Diamond miner Lucara Diamond Corp's Karowe mine, in Botswana, produced 97 412 ct of diamonds in the third quarter ended September 30, compared with the 88 909 ct produced in the third quarter of 2020. Production included 212 "special" diamonds weighing more than 10.8 ct each. →
South African Duncan Wanblad to succeed Mark Cutifani as Anglo CE
By: Martin Creamer 3rd November 2021 Diversified mining company Anglo American on Wednesday announced the appointment of Duncan Wanblad as chief executive with effect from the company’s annual general meeting (AGM) on April 19 next year – and has also spelt out details of Wanblad’s upcoming remuneration package in considerable... →
Pluczenik re-enters South Africa, opens local diamond cutting facility
By: Marleny Arnoldi 2nd November 2021 Global diamond manufacturer and trader Pluczenik Diamond Company has made a re-entry into the South African market by partnering with a local entrepreneur to open a diamond cutting and polishing facility in Bedfordview. Pluczenik was initially established in South Africa in 1948, before migrating... →
Pluczenik re-enters South African diamond cutting and polishing market with factory in Bedfordview
Anglo to transition to green hydrogen mine fleet over decade – Cutifani
By: Martin Creamer 2nd November 2021 Diversified mining company Anglo American, which is piloting the world’s biggest green hydrogen-powered haulage vehicle, is planning to replace its global truck fleet of 400 diesel trucks with hydrogen trucks over a ten-year period from about 2024. Introducing hydrogen mobility on its mines will... →
Anglo can uplift livelihoods of many thousands, sustainability attendees hear
By: Martin Creamer 2nd November 2021 Diversified mining company Anglo American can uplift the livelihoods of many thousands of people living around its communities in South Africa and support many jobs through its sustainability projects, attendees of Anglo’s second 2021 sustainability update were told. The London- and... →
Anglo American responsible business partnerships head Jon Samuel
Anglo to use underground mine water to generate electricity
By: Martin Creamer 2nd November 2021 Diversified mining company Anglo American is planning to use water in its underground mines as batteries. The water will be pumped up when operations have excess renewable power and allowed to run back down when electricity is needed. →
From top left clockwise are Mark Cutifani, Jon Samuel, Stephen Pearce and Zahira Quatrocchi.
Lab-grown diamonds are latest victims of China’s power crisis
By: Bloomberg 1st November 2021 The lab-grown diamond industry is the latest sector to feel the effects of China’s energy crisis -- and if the situation gets worse, consumers may find that special Christmas gift is suddenly a lot more expensive. Output of jewelry-grade gems has dropped by about 10% to 15% for the past month or... →
Shining Light Award winners announced
By: Schalk Burger 29th October 2021 Twelve young jewellery designers – three each from Botswana, Canada, Namibia and South Africa – won awards during this year's Shining Light Awards, which is hosted by diamond miner De Beers and honours the next generation of jewellery designers. “Through the programme, we are able to help the... →
Diamond producer reaps rewards of modernisation
By: Halima Frost 29th October 2021 v Russia-based diamond miner Alrosa’s significant investment in modernising and automating its manufacturing processes is aimed at improving operational performance and decreasing costs. →
Gem lowers full-year production guidance
By: Chanel de Bruyn 28th October 2021 London-listed Gem Diamonds, which operates the Letšeng mine, in Lesotho, has lowered its production guidance for the full-year to December 31 to between 110 000 ct and 114 000 ct, compared with the previously guided 123 000 ct to 127 000 ct. The diamond miner noted in a trading update to... →
Rio sets a new record with Argyle tender
By: Esmarie Iannucci 28th October 2021 Diversified miner Rio Tinto on Thursday reported record breaking results for its 2021 Argyle pink diamonds tender, which featured a collection of 70 rare pink and red diamonds from the now-closed Argyle mine. The 2021 collection, titled The Journey Beyond, is a historical collection comprising... →
Parties sign terms of reference to catalyse mining industry modernisation 
By: Donna Slater 26th October 2021 Representatives of the Mandela Mining Precinct (MMP) and five labour unions on October 26 signed an agreement on the terms of reference for the parties to collaborate on modernising the South African mining industry, resulting in the formation of the MMP – Organised Labour Consultative (OLC)... →
Petra records good first-quarter revenue growth
By: Chanel de Bruyn 26th October 2021 London-listed Petra Diamonds achieved good revenue growth of 48% year-on-year to $114.9-million for the quarter ended September 30 – the first quarter of Petra's 2022 financial year. "The company has delivered a very strong revenue result due to the contribution of exceptional diamond sales,... →
Botswana Diamonds to raise £550 000
By: Tasneem Bulbulia 25th October 2021 Aim-listed Botswana Diamonds has undertaken a company-arranged placing with existing and new investors to raise £550 000 through the issue of 55-million new ordinary shares at a placing price of 1p a share. The funds will be used for exploration activities during the current year in Botswana and... →
Diamcor tender generates R483 000 in revenue
By: Tasneem Bulbulia 21st October 2021 TSX-listed junior diamond miner Diamcor Mining says it continues to achieve significant results in this quarter’s initial tender and sale of rough diamonds recovered from the processing of quarry material through its recently upgraded processing facilities at the Krone-Endora at Venetia project... →
De Beers tightens full-year output guidance at 32m carats
By: Chanel de Bruyn 21st October 2021 Diamond miner De Beers expects to produce about 32-million carats for the full-year, which is at the lower end of its initial guidance of 32-million to 33-million carats. Reporting on its production performance in the third quarter ended September 30, the Anglo American subsidiary said demand for... →
Family who exited De Beers for $5bn seeks out Asia’s rich
By: Bloomberg 20th October 2021 The family office for Nicky Oppenheimer and his son Jonathan has set up an outpost in Singapore to boost its Asia exposure and partner with the region’s wealthy. Edoardo Collevecchio, the former chief of staff for Oppenheimer Generations, is moving from London to build and lead its team in... →
Angola's Catoca says tailings leak contained no hard metals
By: Reuters 20th October 2021 Angola's Catoca diamond mine said a July tailings leak, which turned a river red and killed large numbers of fish downstream in the Democratic Republic of Congo, contained a mixture of sand and clay, but no hard metals. Congo's government has said the tailings breach killed 12 people and made... →
De Beers’ latest sales cycle rakes in $490m
By: Marleny Arnoldi 20th October 2021 Diamond miner De Beers Group estimates it sold $490-million of rough diamonds for its eighth sales cycle of this year. The sales figure represents anticipated sales value for October 4 to 19 and is subject to adjustment. →
Policy-not-law charter judgment going long way towards providing certainty – NSDV
By: Martin Creamer 19th October 2021 The court judgement that the mining charter is policy and not law goes a long way towards providing regulatory certainty, says NSDV mining law senior associate Muhammed Khan – but it is not the end of the road, he cautions in a 1 500-word analysis entitled The Great Mining Charter Debate. Khan... →
Venetia’s new on-site heat tolerance screening facility is now open
By: Simone Liedtke 19th October 2021 De Beers’ Venetia diamond mine, near Alldays, in Limpopo, has opened a new on-site heat tolerance screening (HTS) facility as part of its ongoing efforts to ensure the safety of its workers. The new facility, which was built by local small business Ravhuyani Construction and Projects, will... →
Diamond market ‘fully recovered from pandemic’
By: Mariaan Webb 19th October 2021 A structural decline in diamond production and growing end-user demand have created favourable conditions for sustained price growth, especially for rare rough and polished diamonds. In its yearly diamond investment market report, Alrosa states that the diamond market has "fully recovered from... →
Incentive needed for smaller end of stock exchange to survive – Miller
By: Martin Creamer 18th October 2021 An incentive is needed for the listing of companies on the smaller end of the stock exchange, which is facing an existential crisis, said AmaranthCX director and owner Paul Miller on Monday. Reacting to the groundswell of headlines about delistings and lack of listings on the Johannesburg Stock... →
Gem Diamonds recovers two high-quality diamonds from Letšeng
By: Tasneem Bulbulia 18th October 2021 LSE-listed Gem Diamonds has recovered a high-quality 245 ct Type II white diamond and a high-quality 102 ct Type II white diamond, from the Letšeng mine, in Lesotho. Gem Diamonds owns 70% of the mine, which is known for producing large, top colour, exceptional white diamonds, making it the... →
Miners’ rough diamond stocks ‘at minimal levels’ – Alrosa
By: Creamer Media Reporter 15th October 2021 Russian diamond miner Alrosa sold 9.2-million carats in the three months ended September, a 20% quarter-on-quarter decrease, owing to the lack of rough diamond inventories available for sale and the high base effect of the second quarter. The company, which produced 8.8-million carats in the... →
Ministry organises inaugural Angola International Diamond Conference
By: Tasneem Bulbulia 15th October 2021 The Angola Ministry of Mineral Resources, Petroleum and Gas (MIREMPET) says the inaugural Angola International Diamond Conference (AIDC) will be held from November 25 to 27, in Saurimo, the capital of the Lunda Sul province. The AIDC will include the participation of Mining Ministers from the... →
Namdeb to extend land-based operations' mine life to 2042
By: Creamer Media Reporter 14th October 2021 Namdeb Diamond Corporation, a 50:50 joint venture between De Beers Group and the government of Namibia, have approved a new long-term business plan that will extend the current life-of-mine of its land-based operations as far as 2042. Under the previous business plan, the land-based Namdeb... →
BlueRock lifts third-quarter production
By: Simone Liedtke 12th October 2021 Aim-listed diamond producer BlueRock Diamonds, which owns and operates the Kareevlei diamond mine in South Africa’s Kimberley region, produced 7 682 ct during the third quarter. This is an effective increase of 38% compared with production in the third quarter of the 2020 financial year. →
Diamcor delivers more than 2 500 ct of rough diamonds for tender
By: Simone Liedtke 12th October 2021 TSX-V-listed Diamcor Mining has delivered 2 512.17 ct of rough diamonds for the company’s first tender and sale of the current quarter, ending December 31. The total carats delivered for this initial tender are in line with company expectations and the first since the company’s recent completion... →
BlueRock sells 7.1 ct diamond for more than $64 000
By: Simone Liedtke 7th October 2021 Aim-listed diamond producer BlueRock Diamonds has sold a 7.1 ct diamond for $64 826 in its September tender. BlueRock owns and operates the Kareevlei diamond mine, in South Africa’s Kimberley region. →
South Africa’s exploration investment lowest since democracy began, Joburg Indaba hears
By: Martin Creamer 7th October 2021 South Africa’s mining industry is at its lowest level of exploration investment since democracy began in 1994, the Joburg Indaba heard on Thursday. “Never have we spent less – and this is a pity because significant promises were made about an exploration plan for the country,” Joburg Indaba... →
Brown steps down as Mountain Province president, CEO
By: Creamer Media Reporter 7th October 2021 Canadian diamond miner Mountain Province Diamonds says it has reached a mutual decision with president and CEO Stuart Brown for him to step down from his position with immediate effect. Jonathan Comerford has been appointed Interim president and CEO, while the process to appoint a full-time... →
Alrosa records steady demand for large rough diamonds in key hubs
By: Creamer Media Reporter 7th October 2021 Russian diamond miner Alrosa in August and September sold 349 lots of diamonds, weighing more than 6 000 ct, at auctions in Antwerp, Dubai and Ramat Gan. The auctions, which attracted bidding companies from Belgium, Israel, India and the United Arab Emirates, generated $37.8-million in revenue. →
South Africa in danger of missing out on commodity boom, Joburg Indaba hears
By: Martin Creamer 6th October 2021 A much more enabling environment is needed to ensure that South Africa does not miss out on yet another commodity boom, the Joburg Indaba heard on Wednesday. “We know that we’ve missed at least one commodity boom,” Foskor chairperson, Industrial Development Corporation director and founding... →
Innovative wireless sensor approach could make exploration cheaper – Prof
By: Martin Creamer 5th October 2021 An innovative wireless sensor method of mapping the subsurface of the earth could make exploration cheaper and mining safer, says Professor Musa Manzi, the award-winning director of the Seismic Research Centre of the School of Geosciences at the University of the Witwatersrand. The method, which... →
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