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Diamonds News

Venetia aims to address shortages

17th June 2022 Following the protests over water shortages in Musina last month, a meeting was convened between the Musina local municipality, the Vhembe district municipality and diamond miner De Beers’ Venetia mine to find ways to assist the municipalities in efficiently and safely resolving the issue. 

Diamond miners require supportive regulation

By: Mandisa Nyathi     17th June 2022 Government needs to provide regulatory laws that protect the interests of natural diamond owners with the rise of laboratory-grown diamonds in the market, Aim- and BSE-listed Botswana Diamonds MD James Campbell tells Mining Weekly. 

image of men drilling on Thorny River licence area
ILLUMINATING OPERATION Botswana Diamonds exploring the Thorny River licence area

Firm revamps pumps to support miners

17th June 2022 Revamping its distributorship base in recent years has given submersible pump specialist Integrated Pump Technology a solid foundation to support customers around sub-Saharan Africa. A key focus has been on mining areas, and the expansion has included new distributors in a number of Southern... 

 	An image of a man fixing a water pump
SMOOTH SUPPLY The company focuses heavily on the mining sector

Pandemic revives diamond industry

By: Mandisa Nyathi     17th June 2022 The Covid-19 pandemic was a blessing in disguise for the diamond industry, as supply constraints caused by the knock-on effects of the restrictions resulted in increased prices, after sustained periods of subdued commodities prices, says minerals processing plant supplier Bond Equipment business... 

An image of a Bond Equipment plant
BUSINESS BOOMING In the period following the pandemic, the number of brownfield developments increased for the diamond industry in the Southern African region

Top producer Russia thwarts move to redefine 'conflict diamonds'

By: Reuters     16th June 2022 Russia has torpedoed a Western-backed proposal to discuss whether its diamonds are funding war ahead of an international conflict diamond meeting in Botswana, letters seen by Reuters show. The rift in the Kimberley Process (KP), which certifies rough diamond exports, risks paralyzing the body... 

Top producer Russia thwarts move to redefine 'conflict diamonds'

Burgundy unveils luxury diamond brand

By: Esmarie Iannucci     16th June 2022 Diamond miner Burgundy Diamond Mines has unveiled its ‘ultra-luxury’ diamond brand Maison Mazerea, aimed at cutting and polishing natural fancy colour diamonds. The ASX-listed company said that Maison Mazerea was the final key part of Burgundy’s strategy to become an end-to-end diamond company,... 

ESG provides profitable returns from smart capital allocation – analyst

By: Martin Creamer     15th June 2022 Environmental, social and governance (ESG) frameworks not only help businesses and the communities in which they operate but can also generate positive returns as mining companies reduce operating expenses and receive favourable investor interest and cheaper finance. When it comes to ESG, the... 

Picture supplied.
Nedbank mining equity analyst Arnold van Graan.

245 ct diamond discovered at Letšeng

By: Darren Parker     13th June 2022 LSE-listed Gem Diamonds has announced the recovery of an exceptional quality 245 ct white Type II diamond from the Letšeng mine, in Lesotho, on June 11. Type II diamonds have no measurable nitrogen impurities and are considerably rare. 

The 245 ct white Type II diamond from the Letšeng mine
The 245 ct white Type II diamond from the Letšeng mine

Six people killed in Congo diamond mine cave-in

By: Reuters     9th June 2022 At least six people were killed when an artisanal diamond mine in Democratic Republic of Congo's Kasai province caved in, a provincial official said on Thursday, adding that there could be more victims. Artisanal mines are usually dug by hand, often in dangerous conditions. Fatal accidents are... 

Lucapa warns of tax changes in Lesotho

By: Esmarie Iannucci     9th June 2022 Diamond miner Lucapa Diamond Company has flagged a possible legislative change in Lesotho, which could affect its operations. A proposed value added tax (VAT) Amendment Bill is currently under consideration in the Kingdom of Lesotho, which could result in the diamond industry in Lesotho no... 

M&R's Mining platform achieves strong recovery, order book at pre-pandemic levels

By: Schalk Burger     8th June 2022 Engineering and mining contracting firm Murray & Roberts’ (M&R’s) Mining platform says its order book has recovered to pre-pandemic levels. M&R Mining Platform CEO Mike da Costa adds that the platform has made a strong recovery from the economic effects of the Covid-19 pandemic. 

A photo of M&R Cementation's work at the New Clydesdale colliery

Increased efficiency cuts carbon, advances net-zero path, research finds  

By: Martin Creamer     8th June 2022 Like all other key industries, mining is having to advance along a net-zero path as part of the global decarbonisation drive. Gone are the days when innovation and financial improvement can be sold on their own without a carbon advantage. (Also watch attached Creamer Media video.) 

Creamer Media screenshot.
Rocsole CEO Mika Tienhaara interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

De Beers hikes small diamond prices as sanctions cause shortages

By: Bloomberg     7th June 2022 De Beers has raised the price of smaller diamonds as sanctions on its Russian rival creates a growing shortage of some stones. The price of small rough diamonds, the type that would end up clustered around the solitaire stone in a ring, has surged since the start of March as cutters, polishers... 

Circular economy prompting steel, oil, carbon recovery from end-of-life mine truck tyres  

By: Martin Creamer     6th June 2022 Highest and best use of ultra-large end-of-life mine truck tyres is being brought about by a change to the model in which resources are mined, made into products, and then become waste. Just one of these giant tyres can weigh 4.5 t and stand 14 feet tall. Put five of the 63-inch variety into a... 

Picture supplied.
Kal Tire’s Dan Allan speaks to Mining Weekly’s Martin Creamer. Video: Darlene Creamer.

Rio unveils future plans for pink diamonds

By: Esmarie Iannucci     3rd June 2022 Diversified major Rio Tinto as unveiled a new strategy for the future development of its Argyle Pink Diamonds brand, following the 2020 closure of the Argyle mine, in Western Australia. The company this week launched the new Icon Partner program, as part of its strategy to ensure it remains the... 

An image pink Argyl diamonds

Far-reaching JSE reforms highlighted at exploration-focused Junior Indaba 

By: Martin Creamer     1st June 2022 The June 1 launch of the JSE’s new Cutting Red Tape initiative to make listing on the JSE considerably easier, faster and more sustainable is twinning with JSE’s recent private placements inventiveness that provides for the raising of capital in the private market for minerals exploration and the... 

Picture supplied by JSE.
JSE head of origination and deals Sam Mokorosi.

BlueRock lowers guidance as above-average rainfall hits Kareevlei production

By: Donna Slater     1st June 2022 Aim-listed BlueRock Diamonds reports that above-average rainfall in the first five months of the year at its Kareevlei diamond mine, near Kimberley, in the Northern Cape, had significantly impeded mining development and processing. During the period, Kareevlei experienced nearly double its normal... 

Newfield resumes mining at Sierra Leone diamond mine

By: Esmarie Iannucci     1st June 2022 ASX-listed Newfield Resources has resumed mining at its Tongo diamond mine, in Sierra Leone, following a fatality in May. The company in May reported a fall of ground incident in an underground development heading at Tongo, with Newfield suspending all mining operations at the mine allowing for... 

Comprehensive diamond course enables stakeholders to update their industry-specific knowledge

31st May 2022 The online Diamond Course, held from June 20 to 30, 2022, under the auspices of the Overberg Geoscientists Group (OGG), South African Diamond Producers Organisation (SADPO) and the Geological Society of South Africa (GSSA), will cover the full range of diamond industry disciplines from... 

An image of rough diamonds on a blue table cloth
Photo by SADPO
A STUNNING OPPORTUNITY The OGG, SADPO and the GSSA are offering an eleven-part virtual presentation series covering the full spectrum of diamond extraction, manufacturing and marketing

Botswana mining sector on the rebound

By: Halima Frost     27th May 2022 The Botswana mining sector is on the rebound, following the onset of the Covid-19 pandemic, as well as the sustained period of subdued commodities prices from 2015 to 2019, industry organisation Botswana Chamber of Mines CEO Charles Siwawa tells Mining Weekly. He adds that the rebound can be... 

A large uncut diamond on a bed of black kimberlite from a mine in Botswana
DIAMOND IN THE ROUGH The mining sector in Botswana holds great potential for investors according to the Botswana Chamber of Mines

Alliance promotes citizen-owned firms in fuel

27th May 2022 In a ground-breaking development for the Botswana oil and gas industry, leading diamond producer Debswana and national oil body Botswana Oil have entered a strategic partnership that is aimed at capacitating citizen-owned companies in the fuel supply value chain. Through the agreement, Botswana... 

A large fuel tanker at a filling station in Botswana
FILL 'ER UP The partnership between Debswana and Botswana Oil will capacitate citizen-owned companies in the fuel supply value chain

Botswana’s only gold mine changes hands

27th May 2022 Gold ore mining company Galane Gold announced earlier this month that it had completed the sale of its Mupane gold mine in Botswana to majority citizen-owned company Hawks Mining Company. Mupane gold mine, located about 30 km southeast of Francistown city, is the only gold mine currently in... 

A top view of the Mupane gold mine which is being sold by Galane Gold to the majority citizen-owned company Hawks Mining Company
GOLDEN EGG Mupane gold mine is being sold by Galane Gold to the majority citizen-owned company Hawks Mining Company

JV stalls, but still on offer

27th May 2022 Diamond exploration company Botswana Diamonds (BOD) announced earlier this month that, despite intensive advanced and ongoing discussions with interested parties, the board has been unable to secure a new joint venture (JV) partner to acquire the Ghaghoo mine, in Botswana before the extended... 

A mine vehicle moving into the mouth of the Ghaghoo mine in Botswana which is up on offer by Gem Diamonds
GOING GOING GHAGHOO Botswana Diamonds continues ts discussions with potential JV partners to acquire the Ghaghoo mine in Botswana

South Africa must reform its regulatory environment, make itself investor-friendly – simple  

By: Martin Creamer     26th May 2022 South Africa must reform its regulatory environment and make itself investor-friendly – simple. That is the straight-forward view of Dr Mathews Phosa, who was speaking to Mining Weekly in his capacity as the non-executive vice-chairperson of the high-flying Jubilee Metals Group plc, a London Aim-... 

Picture supplied
Jubilee's Dr Mathews Phosa interviewed by Mining Weekly's Martin Creamer. Video: Darlene Creamer.

Hydrogen can be stored in existing fossil fuel infrastructure for years, world webinar hears  

By: Martin Creamer     26th May 2022 Hydrogen can be stored in existing fossil fuel infrastructure for years if need be, giving it the potential to become a universal energy carrier in the same way as oil is now but without the environmental impact, World Hydrogen Leaders webinar heard this week. Allowing hydrogen to make use of... 

Picture provided.
Hydrogenious LOHC Technologies strategy and implementation head Dr Andreas Lehmann.

Platinum-boosted South African hydrogen electrolyser leaps ahead   

By: Martin Creamer     25th May 2022 The proof-of-concept of the platinum group metals-boosted advanced alkaline electrolyser – the AAE ­– has been successfully completed by Hydrox Holdings of Randburg in a pioneering achievement that offers the potential for South Africa to enter the fray as world demand for hydrogen electrolysers... 

Creamer Media photographer.
Hydrox CEO Corrie de Jager interviewed by Mining Weekly’s Martin Creamer.

Stark-Anderson joins Mountain Province board

By: Creamer Media Reporter      24th May 2022 Canadian mining executive Kelly Stark-Anderson has been appointed to the board of Mountain Province Diamonds, following the departure of Dean Chambers, who has chosen to step down owing to other commitments. Stark-Anderson has more than 25 years’ experience in the legal, merger and acquisition,... 

Southern Africa deemed highly prospective for diamonds

By: Nadine Ramdass     20th May 2022 Diamond exploration and project development company Botswana Diamonds regards Southern Africa as one of the most prospective destinations for diamonds globally. The Kalahari region of Botswana has potential for a new diamond mine, while the Thorny River project, in Limpopo, South Africa, has... 

An image of Botswana Diamonds MD JAMES CAMPBELL
JAMES CAMPBELL Botswana has a long legacy of successful diamond mining

Critical mineral demand of order of magnitude never seen – Sheila Khama  

By: Martin Creamer     19th May 2022 "My genuine sense is that we are going to see a growth in the mining sector of an order of magnitude we haven't seen. I also think that we're going to find that the need for minerals is going to force the world to think that if we can't get minerals on our shore, where else do we get them from? 

Picture supplied
Mining stalwart Sheila Khama spoke to Mining Weekly’s Martin Creamer on critical metals. Video: Darlene Creamer.

Botswana Diamonds identifies anomalies indicative of kimberlite pipes

By: Tasneem Bulbulia     19th May 2022 Aim- and BSE-listed Botswana Diamonds’ ground geophysics survey on its Sekaka diamonds prospecting licences, in Botswana, have revealed high-interest anomalies indicative of kimberlite pipes discovered in the vicinity of the KX36 diamond discovery. “These results strongly support our view that... 

Collaboration needed to make South African mining globally competitive again – CSIR 

By: Martin Creamer     18th May 2022 Concern about mineral resource scarcity is widespread and, at the same time, many countries, such as Australia, Canada and China, are investing significantly in strengthening their mining-related research, development and innovation (RDI) capabilities. “This makes cost and differentiation... 

Picture supplied.
CSIR CEO Dr Thulani Dlamini

Mountain Province discovers kimberlites at Kennady North

By: Mariaan Webb     18th May 2022 Diamond miner Mountain Province has discovered kimberlite in three of four targets tested at its Kennady North project, which surrounds the Gahcho Kué mine, in Northwest Territories. The company is midstride a 6 000 m drill programme, with 3 000 m having been completed. 

De Beers generates $604m in fourth sales cycle

By: Marleny Arnoldi     18th May 2022 Diamond miner De Beers has generated $604-million in revenue for its fourth sales cycle of this year. This compares to revenue of $566-million recorded for the third sales cycle of of this year and $385-million for the fourth sales cycle of 2021.  

204 ct diamond recovered at Mothae

By: Esmarie Iannucci     18th May 2022 Diamond miner Lucapa Diamond Company has recovered a 204 ct white diamond at its Mothae mine, in Lesotho. The diamond was the eight stone of more than 100 ct recovered at Mothae, and the third of more than 200 ct, since the mine started commercial operations in 2019. 

Matthew Glowasky steps down from Petra board

By: Tasneem Bulbulia     17th May 2022 Matthew Glowasky has resigned as nonexecutive director of Petra Diamonds, with immediate effect. Glowasky was appointed as a non-independent, nonexecutive director of the company on March 10, pursuant to a nomination agreement between the company and Monarch Master Funding 2 and following the... 

Botswana sees Russian diamond ban opening door to synthetic gems

By: Reuters     16th May 2022 Botswana, Africa's top diamond producer, sees a prolonged ban on Russian diamonds opening the way for synthetic gems to expand market share, the country's minister told a mining conference on Monday. The United States, the world largest market for natural diamonds, imposed sanctions on Russia's... 

Lundin Mining appoints new chair

By: Creamer Media Reporter      16th May 2022 Canadian base metals miner Lundin Mining has appointed Adam Lundin as chairperson to succeed Lukas Lundin, who retired from the board at the company’s 2022 meeting. Lukas Lundin recently retired as chairperson of several boards of mining companies that his family controls, including Lundin Gold... 

De Beers in talks with Musina municipality to resolve water issues for the community

By: Darren Parker     13th May 2022 Following protests over water shortages in Musina, Limpopo, over the past few days, a meeting was convened between the Musina local municipality, the Vhembe district municipality and diamond miner De Beers’ Venetia mine to find ways to assist the municipalities in efficiently and safely resolving... 

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