De Beers

De Beers Group has decided to pause production at its Venetia mine for two years to reduce costs while also rephasing capital expenditure on the Venetia Underground Project. 

Labour union the National Union of Mineworkers (NUM) has strongly decried the plans announced by multinational diamond company De Beers and De Beers Sightholder Sales South Africa (DBSSSA) to pause... 

Diamond miner De Beers Group has, consistent with recent actions to improve business resilience, decided to pause production at its Venetia mine, in South Africa, for two years to reduce costs... 

The underground project is progressing in line with the reconfigured plan. 

Despite some impressive sustainability gains in the mining sector over the past decade, sustainable mining industry body ICMM CEO Rohitesh Dhawan says progress in Africa displays inconsistencies... 

De Beers has made some of the deepest ever cuts to its official diamond prices, potentially signaling an end to its years-long campaign to hold them well above the market rate. The cuts come at the... 

As TSX-listed Mountain Province Diamonds continues to pursue a potential restructuring transaction among its shareholders and creditors, which may include a "go-private" transaction, share... 

Angola emerged as Africa’s second largest diamond producer by value in 2024, with a total diamond output worth $1.41-billion, marking a significant shift in the global diamond landscape that has... 

The natural diamond industry’s legacy operating model of scarcity driving desire and desire driving price is under strain and as the industry moves forward, producers and traders confront pressures... 

As the natural diamond industry continues to navigate a challenging period, businesses across the pipeline are adapting to changing market conditions, evolving consumer behaviour and ongoing... 

A sale of De Beers, Anglo American's diamond unit, has never been closer, its CEO said on Tuesday, adding that a deal could come within weeks. Anglo put De Beers - one of the world's leading... 

Diamond miner De Beers has shared its latest research on US consumer trends in its latest 'US Diamond Acquisition Study' report, which found that jewellery that includes natural diamonds are the... 

In the race toward smarter, safer and more efficient mines, one technology often sits quietly in the background: sensors. For De Beers’ Upstream Technology, sensors are not just part of the system;... 

The Botswana government and De Beers have announced the appointment of former African Development Bank (AfDB) president Dr Akinwumi Adesina as chairperson of the Diamonds for Development Fund – a... 

The Gemological Institute of America (GIA) has entered into a definitive agreement to acquire a 30% shareholding in Tracr, the De Beers Group-backed company behind the development of the pioneering... 

De Beers has achieved a record safety performance, reporting a total recordable injury frequency rate (TRIFR) of 1.0 in 2025 across its global operations. The milestone marks the lowest safety... 

TSX-listed Alamos Gold has announced multiple management appointments to further strengthen its senior leadership team. The company has appointed James Clark VP of Canada operations, where he will... 

Energy and chemicals group Sasol, which recently secured product-sustainability certification for jet fuel and diesel produced from used cooking oil and vegetable oils at its Natref refinery, says... 

Envusa Energy officially inaugurated its flagship 520 MW Koruson 2 (K2) Cluster of renewable energy projects in the Eastern Cape last month. The K2 Cluster brings together three major projects -...