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Diamonds

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... 


Haul trucks at one of Debswana's mines
Botswana's Debswana rough diamond sales down 21% on weak demand
31st October 2023 By: Reuters

Sales of rough diamonds at Debswana Diamond Company fell 21% in the nine months up to September, Botswana's central bank data on Tuesday showed, as demand for gems slowed amid global economic... 


The Ekati diamond mine
Ekati diamonds remain highly valued, says Burgundy
31st October 2023 By: Mariaan Webb

Despite a softer market for rough diamonds, product from the Ekati mine, in Canada, continue to generate strong buyer interest and high sell-through rates, new owner Burgundy Diamond Mines... 


A diamond mine operated by Alrosa
G7 plan to ban Russian diamonds to further dim industry sparkle
31st October 2023 By: Reuters

The global diamond sector is scrambling to get ahead of an upcoming G7 ban on Russian gems, with consumers and producers battling to manage ever more complex supply chains against a backdrop of... 


Overall winner in the professional category: “Khalifah” neckpiece by Lungile Xhwantini from The Platinum Incubator
PlatAfrica honours best platinum jewellery designs
30th October 2023 By: Darren Parker

The winners of the twenty-fourth yearly PlatAfrica Jewellery Design and Manufacturing Competition were announced during a gala awards ceremony held in Melrose, Johannesburg, on October 27.   Hosted... 


Stornoway suspends operations at Renard diamond mine
Stornoway suspends operations at Renard diamond mine
27th October 2023 By: Creamer Media Reporter

Canadian diamond miner Stornoway on Friday announced the suspension of operations at its Renard mine, in Quebec, and said it had started a process of restructuring. The company explained that the... 


Newfield announces entitlement offer to raise funds for Sierra Leone mine
27th October 2023 By: Darren Parker

ASX-listed Newfield Resources is offering eligible shareholders the opportunity to participate in a pro rata non-renounceable entitlement offer of up to about 117.6-million fully paid ordinary... 


Anglo American reports third-quarter production.
Anglo: copper production up, rough diamond production down
24th October 2023 By: Martin Creamer

The copper production of diversified mining company Anglo American increased by 42% in the third quarter owing to the ramping up of the new Quellaveco copper mine in Peru. However, this was offset... 


The Venetia Underground mine
De Beers' third-quarter output decreases to 7.4m carats
24th October 2023 By: Creamer Media Reporter

Global diamond company De Beers' production decreased to 7.4-million carats for the third quarter ended September 30. That compares with the 9.6-million carats produced in the third quarter of last... 


Petra CEO Richard Duffy
Petra's first-quarter output up 12% y/y
24th October 2023 By: Creamer Media Reporter

Stabilising operations at its Cullinan and Finsch mines, in South Africa, and the resumption of production at the Williamson mine, in Tanzania, led to a 12% quarter-on-quarter increase in Petra... 


Zimbabwe’s biggest diamond miner shifts sales to Dubai auctions
20th October 2023 By: Bloomberg

Zimbabwe’s biggest diamond producer has shifted almost all of its sales to Dubai, targeting cutters, polishers and traders and eliminating middlemen. Zimbabwe Consolidated Diamond Co. has auctioned... 


The Mothae mine in Lesotho
Lucapa maintains full-year guidance, despite market challenges
20th October 2023 By: Creamer Media Reporter

ASX-listed diamond miner and explorer with assets in Africa and Australia Lucapa Diamond Company has maintained its production guidance for its Lulo and Mothae mines for the full-year. Reporting on... 


De Beers CEO Al Cook
De Beers voices support of G7 ban on Russian diamonds
19th October 2023 By: Darren Parker

In an open letter to the Group of Seven (G7) countries, diamond producer De Beers has stated that it fully and unequivocally supports the objectives of the G7 countries to prohibit diamonds of... 


University of the Witwatersrand School of Geosciences senior lecturer Dr Karen Smit
Ancient diamonds give researchers insight into continental drift
19th October 2023 By: Darren Parker

New insights into the processes of continental evolution and movement during the early stages of complex life on Earth have been revealed by the examination of ancient, superdeep diamonds that were... 


Polished diamonds
G7 to discuss four versions of Russian diamond ban this week – sources
19th October 2023 By: Reuters

G7 countries will this week discuss four plans to ban Russian diamonds from G7 markets from January 1, from light-touch self-regulation to strict import measures, laying bare differences that... 


Rio launches exclusive diamond tender
19th October 2023 By: Esmarie Iannucci

PERTH (miningweekly.com) – Major Rio Tinto has launched a new exclusive sales event for some of the diamonds recovered from its Australian and Canadian mines. Known as The Beyond Rare tender, the... 


Petra reports lower revenue in Tender 2 sales on back of market dynamics
17th October 2023 By: Marleny Arnoldi

London-listed Petra Diamonds has announced the full results of its second sales tender for the 2024 financial year, having sold 444 029 ct for $40.5-million in revenue. The second sales tender... 


Lucapa marks successful diamond tender
13th October 2023 By: Esmarie Iannucci

Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola. The company sold 534.9 ct by tender,... 


South Africa's mine output for August down 2.5% y/y
12th October 2023 By: Creamer Media Reporter

Mining production decreased by 2.5% year-on-year in August, with diamonds, manganese ore and 'other' metallic minerals having made the largest negative contributions. Diamond output was down by... 


Anglo American's Los Bronces mine
Anglo appoints Matt Walker CEO of its marketing business
12th October 2023 By: Creamer Media Reporter

Diversified miner Anglo American has appointed Matt Walker as CEO of its marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American. Walker, who is... 


Resources Watch
Resources Watch
11th October 2023

This week: Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears; Small diamond mining industry in sharp focus at symposium; and, South Africa definitely... 


Mountain Province is a 49% participant with De Beers Canada in the Gahcho Kué mine in Northwest Territories.
Canadian diamond miner pauses discretionary spending amid challenging market conditions
9th October 2023 By: Mariaan Webb

Canadian diamond miner Mountain Province has paused all discretionary spending to focus on cash generation and repaying debt, president and CEO Mark Wall said on Friday. In its third-quarter... 


Joburg Indaba panel from left Bernard Swanepoel, Otsile Matlou, Errol Smart, Mosa Mabuza and Mzila Mthenjane.
Approving outstanding permits could shift economy in 12-18 months, says Mzila Mthenjane
6th October 2023 By: Martin Creamer

If the 5 066 outstanding mining and exploration permits were approved, South Africa could begin to see a shift in the economy within 12 to 18 months, new Minerals Council South Africa CEO Mzila... 


Petra Diamonds' Finsch mine, in South Africa
Petra expects two-month import moratorium to help balance diamond market, prices
6th October 2023 By: Marleny Arnoldi

London-listed Petra Diamonds has released initial results for its Tender 2 sales, which have been brought forward owing to a two-month moratorium on diamond imports to India starting on October... 


Anglo American CEO Duncan Wanblad (right) questioned by Joburg Indaba chairperson Bernard Swanepoel.
South Africa definitely under-explored, has extraordinary untapped potential – Anglo
5th October 2023 By: Martin Creamer

South Africa, with its incredible minerals endowment and extraordinary untapped potential, is definitely under-explored, Anglo American CEO Duncan Wanblad said in response to questions after... 


The Lulo mine, in Angola
Lucapa appoints Selby as CEO and MD
5th October 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company, which holds a 40% interest in the Lulo mine, in Angola, and a 70% interest in the Mothae mine, in Lesotho, has appointed Nick Selby as CEO and MD. Selby has... 


Rough Diamonds mined at De Beers' operations
De Beers reports lower sales as rough diamond availability is reduced amid lower demand
5th October 2023 By: Creamer Media Reporter

The value of De Beers' rough diamond sales for the eighth sales cycle of this year decreased to a provisional $200-million, as the diamond miner reduced its rough diamond availability in light of... 


GSSA fellow Dr Tania Marshall
Small diamond mining industry in sharp focus at symposium
4th October 2023 By: Darren Parker

Raising the profile of small-scale and artisanal diamond miners by fostering stronger networks, investing in future talent and addressing the industry's challenges were key focus points for the... 


Nicky Oppenheimer.
Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears
4th October 2023 By: Martin Creamer

World-renowned conservationist Jane Goodall reminded hundreds of scientists present at the 12th Oppenheimer Research Conference in Midrand that if the world carries on with a business-as-usual... 


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pqt: 0.443s - ct: 0.531s - 328pq - 2rq
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