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Diamonds

De Beers CEO Al Cook
De Beers warns diamond recovery will be slow after terrible year
8th February 2024 By: Bloomberg

De Beers expects any recovery in the beleaguered diamond market to be slow and gradual as the industry continues to suffer from weak economic growth in key markets such as China and the US. The... 


De Beers CEO Al Cook with Endiama CEO Ganga Junior at Investing in African Mining Indaba.
Angola’s diamond sparkle brightened by new De Beers deal
6th February 2024 By: Martin Creamer

Diamond mining and marketing company De Beers is to collaborate with Angola on opportunities to increase diamond production, support alluvial mining sector and enhance social development for the... 


From left Minerals Council South Africa’s Sietse van der Woude, Dr Thuthula Balfour, Japie Fullard, Mzila Mthenjane and Dushendra Naidoo.
Noise-induced hearing loss now highest priority mining health condition, Indaba hears
6th February 2024 By: Martin Creamer

Noise-induced hearing loss has displaced tuberculosis (TB) and silicosis as the top priority health threat in the South African mining industry. “I’m emphasising noise-induced hearing loss because... 


Anglo American CEO Duncan Wanblad
Anglo CEO urges resilience, partnerships amid global disruptions
6th February 2024 By: Shannon de Ryhove

Multinational mining company Anglo American is focusing on partnerships with its host nations to grow the mining industry and remain resilient through disruptions, said CEO Duncan Wanblad during... 


WiMSA has strong presence at Mining Indaba
WiMSA has strong presence at Mining Indaba
5th February 2024

Women in Mining South Africa (WiMSA) provides a free platform that supports and guides women's personal growth, leadership and career development in the South African mining industry. WiMSA was... 


President Cyril Ramaphosa at the Mining Indaba.
South Africa’s mining industry now 39% black-owned, Mining Indaba hears
5th February 2024 By: Martin Creamer

In 2004, the year South Africa’s far-reaching Mining Charter was first introduced, black ownership in South Africa’s globally recognised mining industry stood at a negligible 2%. This has now leapt... 


Swiss ban Russian diamond imports, joining latest EU sanctions
1st February 2024 By: Reuters

Switzerland will ban the import of Russian diamonds in line with the latest round of European Union sanctions designed to punish Moscow for its invasion of Ukraine, the government said on... 


The Letšeng mine
Gem increases production, but lower prices bite
1st February 2024 By: Creamer Media Reporter

London-listed Gem Diamonds recovered 109 656 ct of diamonds from its Letšeng mine, in Lesotho, for 2023 – an increase on the 106 704 ct recovered in 2022. In a trading update on the company's... 


Botswana Diamonds-led consortium awarded prospecting licence in Eswatini
31st January 2024 By: Creamer Media Reporter

A consortium called Diamonds of Eswatini, in which London- and Botswana-listed Botswana Diamonds holds a 30% interest, has been awarded a prospecting licence over the diamondiferous Dokowayo... 


De Beers CEO Al Cook
Solid US demand helps stabilise diamond industry – Cook
31st January 2024 By: Creamer Media Reporter

Diamond miner De Beers recorded provisional rough diamond sales of $370-million in its first sales cycle of this year. This was lower than the $454-million of sales recorded for the first sales... 


Angola President to deliver keynote address
26th January 2024

Angola President João Lourenço will deliver the keynote address at this year’s Investing in African Mining Indaba – to be held at the Cape Town International Convention Centre, from February 5 to... 


Six dead, one survivor in Rio Tinto plane crash
Six dead, one survivor in Rio Tinto plane crash
25th January 2024 By: Reuters

Six people were killed after a small plane carrying global miner Rio Tinto's workers crashed near Fort Smith in Canada's remote Northwest Territories (NWT) on Tuesday, the NWT Coroner Service said... 


Mountain Province sales fall on lower prices
Mountain Province sales fall on lower prices
24th January 2024 By: Creamer Media Reporter

Diamond miner Mountain Province on Tuesday reported a 15% year-on-year drop in full-year sales revenue. The Canadian miner sold 2.72-million carats at an average value of C$121/ct for total... 


The plane crashed near Fort Smith during a flight to the Diavik diamond mine.
Plane carrying Rio Tinto workers crashes in Canada's Northwest, some killed
24th January 2024 By: Reuters

A small plane carrying Rio Tinto workers crashed near Fort Smith in Canada's remote Northwest Territories on Tuesday during a flight to its Diavik diamond mine, killing some people on board. There... 


Botswana Diamonds discovers high-grade anomaly close to KX36 in the Kalahari
23rd January 2024 By: Tasneem Bulbulia

BSE- and Aim-listed Botswana Diamonds has completed a gravity survey over four high-grade geophysical targets that had good magnetic response in a previous survey undertaken by the company.... 


Trucks being loaded at the Krone-Endora at Venetia mine
Diamcor announces C$2m note issuance
18th January 2024 By: Marleny Arnoldi

TSX-V-listed Diamcor Mining has announced its intention to complete a convertible loan financing of up to C$2-million consisting of unsecured convertible promissory notes. The company expects that... 


Gwede Mantashe
Cadastre imminent, 2024 to be used as year to clear backlogs, says Minerals Minister
18th January 2024 By: Martin Creamer

The introduction of an electronic cadastral system to record and enable online access to mining data is imminent, Mineral Resources and Energy Minister Gwede Mantashe emphasised in an interview... 


ICMM CEO Rohitesh Dhawan
Global mining commits to nature-positive future
18th January 2024 By: Martin Creamer

Global mining and metals companies have committed at Davos to take urgent action to support a nature-positive future by 2030 that promotes the health, diversity and resilience of species,... 


Ian Cockerill, Mark Cutifani and Tony O'Neill
South Africa-linked mining luminaries advising on metals industry greening
17th January 2024 By: Martin Creamer

South Africa-linked mining luminaries are playing roles in an initiative to transform the metals industry with clean technology. Being targeted for metals is the elimination of energy-intensive... 


Petra Diamonds' Finsch mine
Petra maintains ‘cautious’ approach to diamond sales
16th January 2024 By: Marleny Arnoldi

London-listed Petra Diamonds is heading into the second half of its 2024 financial year with caution, as the rough diamond market continues to stabilise following actions taken by producers and... 


Copper 360 CEO Jan Nelson
Smart wristwatches to uplift mineworker well-being at Copper 360
16th January 2024 By: Martin Creamer

Computer programmes that use artificial intelligence (AI) to model orebodies and plan mines optimally have already been introduced by Copper 360, says the JSE AltX-listed Northern Cape copper... 


CEO Jakob Stausholm
Rio Tinto sees gradual recovery in China’s economy in 2024
16th January 2024 By: Mariaan Webb

Diversified mining major Rio Tinto expects stimulus measures implemented by China to catalyse a slow but steady recovery of the world’s second-biggest economy in 2024, providing reinforcement to... 


Rough diamonds produced by De Beers
De Beers cuts diamond prices to revive sales
15th January 2024 By: Bloomberg

De Beers made big cuts to its diamond prices as the world’s top producer tries to revive gem sales after the market ground to a halt last year. The industry almost came to a complete standstill in... 


Diamcor returns focus to growing Krone-Endora project following turbulent 2023
11th January 2024 By: Marleny Arnoldi

Canadian miner Diamcor Mining says it will turn its focus back to the advancement and growth of its Krone-Endora at Venetia project, in South Africa’s Limpopo province, this year, following various... 


295 ct Type II white diamond
Gem Diamonds recovers 295 ct diamond in Lesotho
11th January 2024 By: Marleny Arnoldi

London-listed Gem Diamonds has recovered a high-quality 295 ct Type II white diamond from the Letšeng mine, in Lesotho. The Letšeng mine is among the ten biggest diamond producers by revenue.  


166 ct Type IIa diamond
Lucara recovers 166 ct diamond from Karowe mine
11th January 2024 By: Marleny Arnoldi

Canadian miner Lucara Diamond Corporation has recovered a 166 ct diamond from the Karowe diamond mine, in Botswana. The Type IIa diamond was recovered in the Coarse X-Ray Transmission unit at... 


De Beers approves $1bn spending at Botswana mine
De Beers approves $1bn spending at Botswana mine
10th January 2024 By: Reuters

Global diamond giant De Beers said it will go ahead with a planned $1-billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year's downturn in gem demand... 


Karowe underground diamond mine
Lucara extends repayment schedule on $220m debt package
10th January 2024 By: Darren Parker

Diamond mining company Lucara Diamond has executed amended documentation related to its senior secured project financing debt package, initially established in July 2021 at a value of $220-million.... 


EU adds Russia's biggest diamond producer Alrosa to sanctions list
EU adds Russia's biggest diamond producer Alrosa to sanctions list
3rd January 2024 By: Reuters

The European Union has added Russia's Alrosa ALRS.MM, the world's biggest diamond producer, as well as its CEO Pavel Alekseevich Marinychev to its sanctions list, it said on Wednesday. "In line... 


A diamond mine in Russia
India urges G7 to delay ban on Russian diamonds as rules lack clarity – sources
20th December 2023 By: Reuters

India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said.... 


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pqt: 0.665s - ct: 0.757s - 328pq - 2rq
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