R/€ = 17.06 Change: 0.00
R/$ = 16.40 Change: -0.11
Au 1798.86 $/oz Change: -16.16
Pt 885.00 $/oz Change: -31.50


Petra ends its financial year with strong sales in the latest tender

By: Creamer Media Reporter      30th June 2022 London-listed Petra Diamonds' sixth tender for the 2022 financial year earned it $93-million in revenue from the sale of 569 496 ct of diamonds. “The Tender 6 results conclude a strong year for Petra’s diamond sales both in terms of pricing and the demand we have seen. The significant interest... 

Russia hits back at attempts to 'politicise' its diamonds

By: Reuters     29th June 2022 Russia condemned what it called a push to "politicise" its diamonds over the conflict in Ukraine and said attempts to question its compliance with the international diamond certification scheme were "totally unfounded" and "far-fetched". The Kimberley Process, a coalition of governments, the... 

Resources Watch  

29th June 2022 This week: Small diamond miners want big licence holders built in so they can grow sector together; Sustainability taking front seat at Harmony Gold; and, NSDV says Deeming could bring regulatory certainty to much-needed minerals investment 

Botswana, De Beers extend sales agreement to June 2023

By: Creamer Media Reporter      29th June 2022 The Botswana government and diamond miner De Beers Group have extended their existing agreement for the sale of Debswana’s rough diamond production by 12 months until June 30, 2023. Following further positive progress towards a new agreement being made in the first half of this year, the two... 

Anglo investing in expansion of organic waste upcycling company Sanergy

By: Schalk Burger     28th June 2022 Diversified mining multinational Anglo American is leading the latest investment round of organic waste upcycling business Sanergy, which has operations in Kenya. Sanergy's solutions are helping to transform how fast-growing cities in the developing world manage waste by upcycling it into... 

WDC president says there seems to be movement towards KP reform

By: Marleny Arnoldi     27th June 2022 There seems to be a positive shift in the readiness of World Diamond Council (WDC) members to reforming the Kimberley Process (KP), says president of the organisation Edward Asscher. In closing the 2022 KP Intersessional, which was hosted in Botswana last week, he highlighted that strong... 

On-The-Air (24/06/2022) 

By: Martin Creamer     24th June 2022 The small diamond producers’ organisation this week expressed determination to grow and create jobs. Harmony Gold is placing great emphasis on extending the life of its gold mines and supporting host communities. A strong call was made on government this week for a fixed number of days to be set... 

Exploration at Lulo adds two new high-priority kimberlites for bulk sampling

By: Darren Parker     24th June 2022 The kimberlite exploration work programme at Lulo, in Angola, has been boosted by the addition of two new high-priority kimberlites for bulk sampling, says ASX-listed Lucapa Diamond Company. Lucapa, which owns Lulo in a partnership with Angolan national mining company Endiama and private Angolan... 

Ireland’s Arkle makes Zim entry with eye on lithium

By: Mariaan Webb     23rd June 2022 Ireland-based exploration company Arkle Resources is making an entry into Zimbabwe, with its focus on three licences where it will prospect for lithium. The company, which is listed on London’s Aim market, believes the licences, covering 163 ha, represent a low-cost entry into one of the biggest... 

De Beers' latest sales cycle generates $650m

By: Creamer Media Reporter      22nd June 2022 Diamond miner De Beers' fifth sales cycle of this year generated $650-million, as US diamond jewellery demand remained strong. Sales revenues were higher than the $477-million generated for the fifth sales cycle of 2021 and the $604-million generated during the fourth sales cycle of this year. 

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