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Lucapa chairperson Stuart Brown is a former De Beers CFO and interim CEO.
Angola is world’s foremost diamond exploration target, says Lucapa’s Brown
28th May 2024 By: Mariaan Webb

Australia-based diamond miner Lucapa’s newly appointed chairperson, Stuart Brown,has hailed Angola as foremost diamond exploration target on the world stage. In an address to shareholders on... 

Angolan flag
Pensana lauds Angola’s performance in this year’s Fraser Institute rankings
27th May 2024 By: Marleny Arnoldi

London-listed Pensana commends the government of Angola for instilling attractive policies and growing interest in the country’s exploration potential. This comes as the country recorded an... 

An image of the Mothae mine, which uses TOMRA sorters
Manufacturer highlights XRT sorting technology’s impact
24th May 2024

Mining sorting equipment manufacturer TOMRA Mining highlights that its XRT technology, powered by TOMRA Insight, has delivered significant results at the Mothae Diamonds operation, in Lesotho.... 

An aerial image of the Jwaneng openpit mine
Diamond miner progresses move to underground
24th May 2024 By: Nadine Ramdass

Ahead of its fifty-fifth anniversary, Botswana-based diamond miner Debswana Diamond Company is undertaking an expansion project at its flagship Jwaneng mine, in the south-central part of Botswana,... 

Cullinan diamond mine
Petra signs PPAs to procure wheeled renewable energy for Cullinan, Finsch
23rd May 2024 By: Darren Parker

Diamond producer Petra Diamonds has entered into long-term power purchase agreements (PPAs) for the procurement of wheeled renewable energy for its Cullinan and Finsch diamond mines from licenced... 

Botswana Diamonds chairperson John Teeling
Botswana Diamonds expands its land holdings in the Kalahari
23rd May 2024 By: Chanel de Bruyn

Diamond exploration company Botswana Diamonds has been granted four prospecting licences – covering just under 2 332 km2 – in the Kalahari of Botswana. The prospecting licences are in the same... 

Rough diamonds sold by De Beers
De Beers reports lower fourth-cycle rough diamond sales
23rd May 2024 By: Creamer Media Reporter

Diamond miner De Beers sold $380-million worth of rough diamonds during its fourth sales cycle of this year, compared with the $446-million of diamonds sold during the third sales cycle of this... 

An image showing attendees at the West Coast Diamond Event and Excursion
West Coast diamonds events, excursion a success
22nd May 2024 By: Tasneem Bulbulia

The West Coast Diamond Event and Excursion, held on May 17 and 18 in Port Nolloth, in the Northern Cape, and hosted by the Geological Society of South Africa’s (GSSA's) Northern Cape branch, has... 

Anglo CEO Duncan Wanblad and BHP CEO Mike Henry
Clock runs down on BHP’s $43bn bid for Anglo American
22nd May 2024 By: Bloomberg

BHP Group has just hours to launch a blockbuster bid to buy smaller mining rival Anglo American — or put its audacious takeover plan on the shelf. The proposal by the world’s biggest miner to spin... 

Ma'aden CEO Robert Wilt
Saudi Ma'aden has extracted lithium from seawater, CEO says
22nd May 2024 By: Reuters

Saudi Arabian Mining Company Ma'aden has successfully extracted lithium from seawater, although not at levels that are commercially viable and its project remains at the pilot stage, its CEO told... 

The Ellendale mine in Western Australia
Gibb River Diamonds shares surge on Ellendale lease news
21st May 2024 By: Creamer Media Reporter

The share price of Gibb River Diamonds surged 48% on Tuesday on news that the company has been granted key licences that are at the heart of developing the Ellendale project, in Western Australia.... 

Hand holding a stack of ZiG10 banknotes
Zimbabwe asks miners to ramp up gold output to support ZiG currency
21st May 2024 By: Bloomberg

Zimbabwe has asked gold miners across the country to ramp up output to support the ZiG currency launched last month, according to Mines and Mining Development Minister Winston Chitando. “This new... 

Rough diamonds produced by Alrosa in Russia
US lukewarm on G7 Russian diamond ban after industry backlash
19th May 2024 By: Reuters

 The United States is re-evaluating the strictest elements of a ban on Russian diamonds from the Group of Seven major democracies, after opposition from African countries, Indian gem polishers and... 

BHP CEO Mike Henry
BHP debates improved bid as time runs out in Anglo takeover saga
19th May 2024 By: Bloomberg

With time running out on its $43-billion pursuit of Anglo American, BHP Group faces a critical question: what would it take to draw the smaller company to the negotiating table within the next few... 

An image of Petra CEO Richard Duffy
Petra weathers lower diamond prices in latest tender
17th May 2024 By: Tasneem Bulbulia

Independent diamond miner Petra Diamonds’ sixth tender cycle for the 2024 financial year yielded $44-million from the sale of 371 000 ct.   CEO Richard Duffy says like-for-like prices were... 

Polyhalite produced at Anglo American's Woodsmith mine
Anglo American has sought fertiliser partners for months, says CEO
17th May 2024 By: Reuters

Anglo American has been looking for partners for its fertiliser project in North Yorkshire for around six months, CE Duncan Wanblad told Reuters, reiterating the business will be one of three... 

A BHP office building
BHP shareholders see room for one more sweetened Anglo bid
15th May 2024 By: Bloomberg

Shareholders in BHP Group and takeover target Anglo American expect the world’s largest miner to come back with a third and improved proposal before a regulatory deadline next week, even after the... 

The Mothae mine is situated in the Maluti mountains of Lesotho
Lucapa puts Lesotho diamond mine up for sale
15th May 2024 By: Mariaan Webb

Australia-listed Lucapa Diamonds on Wednesday announced the planned divestment of its 70% interest in the Mothae mine, in Lesotho. This follows a review of the asset portfolio by the company’s... 

Anglo moved into De Beers’ London offices when the lease on its own site expired.
De Beers IPO considered amid break-up plans, sources say
15th May 2024 By: Reuters

Anglo American is exploring an initial public offering of its diamond business De Beers, two people familiar with the matter told Reuters on Tuesday, with one flagging London as the preferred... 

Anglo ditching De Beers is hard blow for troubled diamond market
Anglo ditching De Beers is hard blow for troubled diamond market
15th May 2024 By: Bloomberg

The diamond industry has already been feeling the heat. Prices have slumped, Russian sanctions are threatening trade and the emergence of lab-grown gems is eating into some key traditional... 

BHP’s top Australian investor eyes restraint in battle for Anglo
BHP’s top Australian investor eyes restraint in battle for Anglo
15th May 2024 By: Bloomberg

Pension giant AustralianSuper, BHP Group’s largest Australian shareholder, said capital discipline was of “utmost importance” for the mining industry as investors weigh the heavyweight’s... 

Anglo CEO Duncan Wanblad and his BHP counterpart Mike Henry took centre stage on Tuesday at a mining conference in Miami.
Anglo-BHP battle is between two CEOs fighting over same vision
15th May 2024 By: Bloomberg

As Anglo American sets out a survival plan that echoes the vision of its suitor BHP Group, the rival mining bosses are now locked in a battle to convince shareholders they are the man for the job.... 

Mineral Resources Minister Gwede Mantashe
Mantashe warms to Anglo plan after opposing BHP bid
14th May 2024 By: Bloomberg

South Africa’s mines minister struck a conciliatory tone as Anglo American Plc announced plans to separate its platinum unit as part of a major shakeup following its rejection of two approaches... 

Anglo CEO Duncan Wanblad
Anglo American eyes offloading steelmaking coal, nickel, diamonds
14th May 2024 By: Reuters

Anglo American laid out a strategy update on Tuesday that includes exploring options for its steelmaking coal, nickel and platinum businesses, in an effort to fend off a takeover bid from the... 

Anglo American CEO Duncan Wanblad
Anglo investors tell company to move faster to survive BHP bid
13th May 2024 By: Bloomberg

Anglo American’s shareholders are pushing the company to speed up the release of its turnaround plan as the 107-year-old miner seeks to present an alternative to BHP Group’s takeover bid. Anglo... 

An image showing Lucara's Karowe mine
Lucara achieves solid quarter at Karowe, underground expansion progressing
10th May 2024 By: Tasneem Bulbulia

Diamond miner Lucara Diamond Corp’s Karowe diamond mine, in Botswana, delivered another solid operational quarter ended March 31, and the company’s high-value diamond production forecast remains... 

Botswana President Mokgweetsi Masisi
Botswana vows to protect interests in potential BHP-Anglo deal
9th May 2024 By: Bloomberg

Botswana President Mokgweetsi Masisi vowed to protect the country’s interests, including its 15% stake in diamond giant De Beers, should BHP Group acquire Anglo American. Anglo, which rejected a... 

A diamond being analysed
De Beers progresses diamond traceability, emissions reduction targets
9th May 2024 By: Chanel de Bruyn

As part of efforts to provide increased provenance across the diamond industry, De Beers plans to bring the first non-De Beers Group goods onto its Tracr platform this year. The Tracr platform uses... 

De Beers Group reports on progress towards ‘Building Forever’ sustainability goals
9th May 2024

2023 sustainability report communicates progress across key priority areas, focused on creating a positive impact in host countries and throughout the diamond value chain De Beers Group today... 

When the boom goes bust, protect your profits by prioritising your people
8th May 2024

By Arjen de Bruin, Group CEO at OIM Consulting It’s official: the commodity boom has gone bust.  

TOMRA’s XRT technology powered up by TOMRA Insight delivers big results at Mothae Diamonds in Lesotho
8th May 2024

The Mothae mine, located in the Maluti Mountains of Lesotho is known to produce large, high-value diamonds which command the second highest dollar per carat for kimberlite diamonds worldwide. The... 

Zimbabwe aims to use FDI to develop a competitive economy by 2030
7th May 2024 By: Schalk Burger

Zimbabwe held an investment conference on May 2 and 3 in South Africa during which its officials explained that the country of 16-million people wants to use local and international investments... 

Anglo's unusual mix of niche commodities — it’s the only large miner with big diamonds and platinum operations, for example — is seen as one of the reasons that the company hasn’t been successfully targeted in the past.
What’s Anglo worth? For now it’s less than the sum of its parts
3rd May 2024 By: Bloomberg

As BHP Group considers its next move, there’s one big question facing the mining world’s bankers, analysts and executives at rival producers: What’s Anglo American actually worth? Anglo’s shares... 

Glencore studying an approach for Anglo American, sources say
Glencore studying an approach for Anglo American, sources say
3rd May 2024 By: Reuters

Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet... 

Kazera nuclear permit delayed over additional requirements
2nd May 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has completed all the mechanical commissioning work required for the Whale Head Minerals heavy mineral sands project in Alexander Bay, South Africa, to proceed with final... 

Alrosa says output stable amid Western sanctions
Alrosa says output stable amid Western sanctions
2nd May 2024 By: Reuters

Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its CEO Pavel Marinychev said on Thursday. The Russian finance ministry said last month that Russia... 

South Africa's Mineral Resources and Energy Minister Gwede Mantashe
BHP woos South Africa in pursuit of $39bn Anglo takeover
2nd May 2024 By: Bloomberg

BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom... 

Stuart Chambers
Anglo to meet top shareholders on BHP bid as takeover rules restrain AGM
2nd May 2024 By: Reuters

Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing... 

The 118.74 ct diamond recovered at the Letšeng mine
Gem recovers another greater-than-100-ct diamond
30th April 2024 By: Creamer Media Reporter

London-listed Gem Diamonds has recovered a 118.74 ct Type II white diamond recovered at its 70%-owned Letšeng mine, in Lesotho. This is the fifth diamond weighing more than 100 ct to be recovered... 

State-owned groups Eskom and Transnet have impaired mining productivity with unreliable power supply and a lack of trains to move mineral exports.
BHP’s South Africa snub an indictment of ANC, DA says
29th April 2024 By: Bloomberg

BHP Group’s bid to spin off Anglo America’s South African assets as part of a takeover proposal shows how the economic policies of the ruling African National Congress (ANC) have undermined... 

Anglo American does not find BHP $39bn offer attractive
26th April 2024 By: Reuters

Anglo American's management does not consider a proposed $39-billion takeover offer from BHP Group as attractive, two sources told Reuters, as some investors and analysts dismissed it as... 

Former Anglo American CEO Mark Cutifani
Anglo’s stumbles have made it prey for mining’s biggest predator
26th April 2024 By: Bloomberg

When former boss Mark Cutifani left Anglo American in mid-April 2022, things had rarely looked better for the century-old miner. Metals prices soared as the world emerged from lockdowns, the... 

The Letšeng mine
Gem to report 15% q/q rise in carat sales for the first quarter
25th April 2024 By: Creamer Media Reporter

London-listed Gem Diamonds notes in a trading update for the first quarter of this year that it sold 32 571 ct of diamonds recovered from its 70%-owned Letšeng mine, in Lesotho. This represents a... 

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