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Diamonds

World Bank’s Malpass visits Komati power station after approving JET loan
7th November 2022 By: Donna Slater

Public Enterprises Minister Pravin Gordhan welcomed World Bank president David Malpass to State power utility Eskom’s Komati power station following the bank’s approval of a R9-billion... 


Diamond miner Lucara on track for solid year, says CEO Thomas
3rd November 2022 By: Mariaan Webb

Canada-based miner Lucara Diamond Corp is on track for a solid year, with sales from its large, high-value diamonds continuing to achieve healthy prices, despite recent market softening, president... 


Criminal case to be opened against Jagersfontein Developments
3rd November 2022 By: News24Wire

In the wake of a devastating tailings dam wall collapse in the Free State, the Deputy Minister of the Department of Water and Sanitation (DWS), David Mahlobo, will open a criminal case against... 


Gem Diamonds reports solid third quarter, but revises down full-year guidance
2nd November 2022 By: Marleny Arnoldi

London-listed Gem Diamonds achieved an average price exceeding $2 000/ct for diamonds sold on tender from its Letšeng diamond mine, in Lesotho, during the third quarter, despite the current... 


Kimberley Process Certification Scheme to decide on fate of Russian diamonds
2nd November 2022 By: News24Wire

The plenary meeting of the Kimberley Process Certification Scheme (KPCS) is under way in Gaborone, Botswana, until Friday and it's expected to decide if Russian diamonds should be declared conflict... 


Debswana posts 37.5% jump in nine-month diamond sales
1st November 2022 By: Reuters

Rough diamonds sales by Debswana Diamond Company jumped 37.5% in the first nine months of 2022, statistics released by the Bank of Botswana showed Tuesday, driven by steady demand for jewellery. A... 


Diamcor records $1m in net income in its second fiscal quarter
27th October 2022 By: Tasneem Bulbulia

Diamond miner Diamcor Mining tendered and sold 3 776.33 ct of rough diamonds in the quarter ended September 30 – the second quarter of its 2023 financial year. The diamond sales generated revenue... 


Orion Minerals CEO Errol Smart
Brownfields, byproducts and tailings are South Africa’s biggest growth opportunity
27th October 2022 By: Nadine James

Mining stakeholders ought to do more to capitalise on existing resources, such as available geological and mining data, Orion Minerals CEO Errol Smart noted at the 2022 Council for Geoscience... 


De Beers' third-quarter output rises on higher grades, strong production in Namibia
27th October 2022 By: Chanel de Bruyn

Diamond miner De Beers – a subsidiary of diversified mining group Anglo American – increased its rough diamond production by 4% year-on-year to 9.6-million carats for the third quarter ended... 


Dr Cosmas Chiteme, Director of Hydrogen and Energy, Department of Science and Innovation.
Make green hydrogen part of official economic recovery plan, Dept of Science and Innovation urges
26th October 2022 By: Martin Creamer

South Africa should leverage the hydrogen opportunity as part of its official economic reconstruction and economic recovery plan. Dr Cosmas Chiteme, the director of hydrogen and energy at... 


Richard Duffy
Petra Diamonds taking comfort from underlying fundamental market support
25th October 2022 By: Martin Creamer

Notwithstanding the recent softening of the diamond market and issues that have affected production at the Cullinan and Finch diamonds mines, Petra Diamonds remains in a strong position, being... 


Rio Tinto exploring commercial options for idled Canada diamond project
24th October 2022 By: Creamer Media Reporter

Global mining major Rio Tinto is exploring commercial options for its Fort à la Corne (Falcon) joint venture (JV) project, in Saskatchewan, partner Star Diamond said on Friday. Citing a Rio Tinto... 


De Beers to offer sweeter terms as diamond market shows strain
24th October 2022 By: Bloomberg

De Beers told its diamond buyers they can purchase stones on sweetened terms at its next sale, in the first sign the market is slowing after a bonanza that started during the global pandemic. The... 


Sodiam to host a rough diamond tender
21st October 2022 By: Donna Slater

Angolan State diamond marketing company Sodiam plans to hold a rough diamond tender in Luanda, Angola, with viewings to take place between October 24 and November 14 at Sodiam’s offices. The... 


Botswana Diamonds agrees 3% royalty with Petra for data on Reivilo prospect
21st October 2022 By: Marleny Arnoldi

London-listed Botswana Diamonds has entered into a data licence agreement with fellow-listed Petra Diamonds to gain access to the full library of data on the Reivilo kimberlite cluster. Botswana... 


National Treasury to trim budget deficits further on mining royalties
21st October 2022 By: Reuters

South Africa's National Treasury will have a narrower budget deficit in 2022/23 than it earlier assumed, continuing to be trimmed over the next three years thanks to buoyant mining receipts, a... 


Diamcor increases rough diamonds deliveries for current quarter’s tender
19th October 2022 By: Tasneem Bulbulia

Canadian-headquartered Diamcor Mining has delivered about 5 593 ct of rough diamonds, recovered from the processing of quarry material at the company’s Krone-Endora at Venetia project, in South... 


De Beers Group appoints new executive committee members
19th October 2022 By: Schalk Burger

Diamond company De Beers Group, following a number of internal promotions, has appointed Riaan Burger, Rasila (Ras) Vaghjiani, Malebogo Mpugwa and Ryan Perry to its executive committee (ExCo).... 


Botswana Diamonds CEO James Campbell.
Enabling exploration is urgently needed to put South African mining back in ‘sunrise’ mode
17th October 2022 By: Martin Creamer

High on the list of the steps that must be taken to stop South African mining from fading further into sunset mode is free access to geological information from State institutions such as the... 


Pink Eternity diamond
Storm Mountain Diamonds sells 47.8 ct pink diamond recovered at Kao
14th October 2022 By: Darren Parker

Diamond miner Storm Mountain Diamonds has recovered and sold a 47.8 ct exceptional pink diamond – the largest pink diamond recovered at the company’s Kao diamond mine, in Lesotho, to date. The... 


Benguela Gem
Benguela Gem wins top honours at SAISC Steel Awards
14th October 2022 By: Darren Parker

The overall winner of the 2022 Southern African Institute for Steel Construction (SAISC) Awards is the Benguela general treatment plant mining facility aboard the Benguela Gem – the world’s most... 


Tim Leslie steps down from BlueRock board
14th October 2022 By: Tasneem Bulbulia

Aim-listed BlueRock Diamonds nonexecutive director Tim Leslie has stepped down from the board with immediate effect. The board has thanked Leslie for his commitment to the company over what it says... 


Shell VP Sectoral Decarbonisation & Innovation Grischa Sauerberg.
Shell consortium accelerating electrification of mine haul trucks
12th October 2022 By: Martin Creamer

Transitioning oil, gas, fuels and lubricants company Shell has established a nine-member consortium to create electrification solutions for mining sites. The electrification offers a shift away... 


BlueRock sells 10.22 ct diamond in September sale
11th October 2022 By: Tasneem Bulbulia

Aim-listed BlueRock Diamonds has sold a 10.22 ct diamond in its September sale, yielding $122 888. The diamond was recovered from its Kareevlei mine in the Kimberley region of South Africa. 


Zimbabwe’s RioZim buys Namibian diamond mine to expand in Africa
10th October 2022 By: Bloomberg

RioZim has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa. “The group has been trying to broaden its footprint in the mining industry in Africa and... 


Al Cook has been announced as the new CEO of De Beers Group.
New De Beers CEO from early 2023 when Cleaver elevates to co-chair
10th October 2022 By: Martin Creamer

With effect from early 2023, Al Cook has been announced as the new CEO of De Beers Group and current CEO Bruce Cleaver as co-chairperson. This follows Cleaver’s decision to step back after six... 


Zimbabwe demands some mining royalties in refined metal
10th October 2022 By: Reuters

 Global miners operating in Zimbabwe will have to pay some of their royalties in refined metal rather than cash, the country's president wrote in a newspaper on Sunday, as the country struggles to... 


Former Anglo America CEO, director and consulting business executive Mark Cutifani.
Development is only conversation South Africa should be having, Cutifani tells Joburg Indaba
6th October 2022 By: Martin Creamer

Development is the only conversation that South Africa should be having, former Anglo American CEO, director and consulting business executive Mark Cutifani said amid strong applause at the Joburg... 


Minerals Council South Africa CEO Roger Baxter.
South Africa’s geological prospectivity fantastic, says Minerals Council CEO
5th October 2022 By: Martin Creamer

South Africa’s geological prospectivity is fantastic, Minerals Council South Africa CEO Roger Baxter told the Joburg Indaba on Wednesday. This is so even though only 15% of South Africa's surface... 


Minerals Council South Africa president Nolitha Fakude.
Helping world transition to net-zero carbon is mining's biggest opportunity, says Minerals Council president
5th October 2022 By: Martin Creamer

The biggest opportunity mining has as an industry is to help the world to transition to a net-zero carbon world, Minerals Council South Africa president Nolitha Fakude said on Wednesday. Fakude,... 


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pqt: 0.415s - ct: 0.495s - 327pq - 2rq
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