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Diamonds

The Karowe processing plant
Lucara sets lower 2024 production guidance, appoints CFO
29th November 2023 By: Creamer Media Reporter

Diamond miner Lucara Diamond Corp, which has appointed Glenn Kondo CFO and corporate secretary, with effect from January 1, expects to mine between 3.6-million and 4.6-million tonnes and recover... 


A person holding a rough diamond
Angola's new diamond mine opens against backdrop of weak demand
28th November 2023 By: Reuters

Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global... 


Botswana Diamonds to raise £380 000 through share placement
27th November 2023 By: Darren Parker

Aim-listed Botswana Diamonds has undertaken a share placement and subscription with existing and new investors to raise £380 000 through the issue of 76-million new ordinary shares of £0.0025 each... 


An image showing the Harry Oppenheimer House building
De Beers donates building to Sol Plaatje University in Kimberley
24th November 2023 By: Tasneem Bulbulia

Diamond producer De Beers Group will donate the Harry Oppenheimer House (HOH) building, in Kimberley, to the Sol Plaatje University following the January relocation of De Beers’ Sightholder Sales... 


Former Nedbank investment banker Paul Miller.
New Utshalo has potential to boost mining IPOs, enliven public markets
24th November 2023 By: Martin Creamer

South Africa has a pressing need to reawaken its public markets and the new Utshalo must be complimented for setting out to do just that. New mining capital raisings have become too few and far... 


ARM founder and executive chairperson Dr Patrice Motsepe and Wits ARM Building.
African Rainbow Minerals provides R20-million for Wits University research
23rd November 2023 By: Martin Creamer

Diversified mining company African Rainbow Minerals (ARM) is supporting postdoctoral research into water, energy and digitalisation at the University of the Witwatersrand (Wits) in Johannesburg.... 


Kremlin, facing diamond ban, says EU sanctions have 'boomerang effect'
20th November 2023 By: Reuters

The Kremlin, facing the prospect of a European Union ban on imports of Russian diamonds, said on Monday that EU sanctions tended to have a "boomerang effect" on those who applied them. Kremlin... 


The Merlin diamond project in Australia
Lucapa pushes pause on Merlin feasibility study to assess alternative development options
20th November 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company has paused work on a feasibility study into its Merlin diamond project, in Australia's Northern Territory, to assess the potential development of a smaller-scale,... 


Integrated Geoscience Solutions Technical Director Dr David Khoza.
Imperative that exploration plan be implemented as matter of urgency – Khoza
17th November 2023 By: Martin Creamer

If South Africa is not to be left out of the exploration boom, spurred by the immense mineral resources required to develop technologies needed to achieve net zero, it is imperative that the... 


WDC praises establishment of permanent Kimberley Process secretariat in Botswana
16th November 2023 By: Darren Parker

World Diamond Council (WDC) president Feriel Zerouki has said the finalisation of arrangements for the establishment of a permanent Kimberley Process (KP) secretariat in Gaborone, Botswana, in... 


Anglo American subsidiary Kumba Iron Ore's Kolomela operation
Anglo launches digital traceability solution Valutrax for base metals, iron-ore
14th November 2023 By: Marleny Arnoldi

Diversified miner Anglo American has launched a digital traceability solution called Valutrax, which is designed to provide customers with greater assurance about the provenance of the products... 


Russia: World market can't make up for sanctions on supply of Russian diamonds
Russia: World market can't make up for sanctions on supply of Russian diamonds
14th November 2023 By: Reuters

Deputy Finance Minister Alexei Moiseev said on Tuesday the world diamond market had no way of making up for the loss of Russian diamonds owing to Western sanctions. "An artificial restriction of... 


De Beers CEO Al Cook
De Beers will stockpile unsold diamonds after prices tumble
13th November 2023 By: Bloomberg

De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase all the stones they’re contracted to buy.... 


Petra appoints interim chair
13th November 2023 By: Creamer Media Reporter

Diamond miner Petra Diamonds has named senior independent director Varda Shine as interim chairperson. She will succeed Peter Hill, who has informed the company that he will not offer himself for... 


UAE to address geopolitical gridlocks in year of chairing KP
13th November 2023 By: Marleny Arnoldi

In its second undertaking as the chair of the Kimberley Process (KP), the United Arab Emirates (UAE) has vowed to advance a number of crucial initiatives through to fruition. The KP is a United... 


The Karowe underground mine
Lucara lowers full-year cost guidance, but also warns of lower revenue, production
13th November 2023 By: Marleny Arnoldi

Dual-listed Lucara Diamond Corporation achieved an operating cash cost of $28.62/t of ore processed for the quarter ended September 30, which is well below the expected yearly range of between... 


A cut and polished diamond
The diamond world takes radical steps to stop a pricing plunge
13th November 2023 By: Bloomberg

When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they were presented with a rare offer by their host: the option to buy nothing at all. De... 


WDC focused on furthering Kimberley Process
10th November 2023 By: Tasneem Bulbulia

Industry organisation the World Diamond Council (WDC) is “determined” to drive forward the ambition of the Kimberly Process (KP), which aims to foster peace, security and benefit all diamond... 


AN image depicting Dr Tshepo Sedibe
Partnership to catalyse health and safety
10th November 2023 By: Sabrina Jardim

In recognition of the importance of health and safety, diamond miner De Beers Group and investment holding company AfroCentric collaborated with the South African Business Coalition on Health and... 


A manganese mining operation in South Africa
South Africa's mining production down 1.9% y/y, mineral sales down 20.2% y/y in Sept
9th November 2023 By: Creamer Media Reporter

South Africa's mining production decreased by 1.9% year-on-year in September, with diamonds, 'other' metallic minerals and manganese ore having made the largest negative contributions. Diamond... 


A 235 ct diamond recovered at the Lulo mine
Lulo delivers its second-largest diamond
8th November 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have recovered a 235 ct diamond at their Lulo mine, in Angola. Not only is it the second-largest diamond to be... 


Rough diamonds produced by De Beers
De Beers' rough diamond sales plummet to $80m in ninth cycle of this year
8th November 2023 By: Creamer Media Reporter

The value of rough diamonds sold by De Beers during its ninth sales cycle for this year reached only $80-million, compared with the $200-million sold in the eighth sales cycle. Sales were also... 


Diamonds being sorted
Botswana conducts due diligence on HB Antwerp stake, President says
7th November 2023 By: Reuters

Botswana is conducting due diligence on HB Antwerp, as the world's top diamond producing country by value seeks to finalise a deal to acquire a 24% shareholding in the Belgian gem trader, President... 


Home Affairs Minister Aaron Motsoaledi
South Africa risks losing business investment over visa ‘chaos’
6th November 2023 By: Bloomberg

In one of the world’s most unequal nations an acute shortage of skilled workers is restraining already tepid growth, limiting job creation and pushing some foreign investors to think about moving... 


In diamond centre Antwerp, Russian gems are already shunned
3rd November 2023 By: Reuters

Only a few weeks after Russia invaded Ukraine in February 2022, Antwerp-based diamond dealer Thierry Tugendhaft started receiving calls from big jewellers in Paris asking him to stop supplying them... 


NUM logo
De Beers, NUM sign five-year wage deal
3rd November 2023 By: Darren Parker

Diamond mining company De Beers has signed a five-year wage agreement with the National Union of Mineworkers (NUM) following months of negotiations facilitated by the Commission for Conciliation,... 


Gibb River reports maiden resource for Ellendale stockpiles
1st November 2023 By: Creamer Media Reporter

Australian junior Gibb River Diamonds has hailed the release of a maiden inferred resource for its E9 Main Lights stockpile as a significant milestone that provides evidence of the potential for... 


The Letšeng mine is renowned for its production of large, top colour, exceptional white diamonds
Gem's third-quarter output rises, but sales fall on market challenges
1st November 2023 By: Creamer Media Reporter

London-listed Gem Diamonds achieved an 18% quarter-on-quarter increase in production for the quarter ended September 30, with 26 913 ct recovered. The company, which owns and operates the Letšeng... 


The Cullinan diamond mine
Petra defers some capital programmes to mitigate against market weakness
1st November 2023 By: Creamer Media Reporter

London-listed Petra Diamonds, which owns and operates the Cullinan, Finsch and Koffiefontein mines, in South Africa, and the Williamson mine, in Tanzania, is taking steps to provide further... 


A 208 ct diamonds recovered at the Lulo mine
Lulo mine delivers its third-largest diamond, weighing 208 ct
1st November 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company has announced the recovery of a 208 ct Type IIa diamond from the Lulo alluvial mining operations, in Angola. The diamond is the third-largest to be recovered from... 


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pqt: 0.585s - ct: 0.673s - 328pq - 2rq
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