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Botswana Diamonds is awaiting outstanding permits to mine Thorny River.
Amidst the scorching heat and diamond rich landscapes of Botswana, a unique challenge emerged – cooling excellence without the hassle. The demand was clear: a cooling solution that would harmonize...
Russian diamond producer Alrosa has suspended rough diamond allocations for September and October after a request from India's leading trade body, the Gems and Jewellery Export Promotion Council...
It’s touted by some as possibly the world’s biggest-ever deep-water oil find. The discovery off the shores of Namibia last year by TotalEnergies and Shell of an estimated 11-billion barrels of...
A ban on imports of Russian diamonds is expected to be agreed by Group of Seven nations in the next two or three weeks, a Belgian official said Friday. The mechanism will consist of a direct ban on...
In a diamond market that is softer than anticipated, London-listed Petra Diamonds is moving ahead with confidence despite a downturn in its financial performance for the year ended June 30, 2023....
De Beers decided to call time on offering lab-grown diamonds for engagement rings even as the man-made alternatives continue to cannibalise demand in one of the company’s most important markets....
The share price of diamond miner Burgundy Diamonds jumped more than 16% on Wednesday after the company flagged higher revenue for the third quarter to date, following the acquisition of the Ekati...
Diamond producer Botswana Diamonds (BOD) states that mining at the dumps of the company’s Marsfontein project is ongoing. In an update on its Marsfontein and Thorny River projects, in South Africa,...
Diamond processor and trader HB Antwerp said on Monday it had removed one of its three co-founders from management following differences over strategy, a development that comes amid a pending sales...
Despite the Zimbabwean mining sector exhibiting positive indicators, such as increased sector growth, economic growth and new legislative interventions aimed at increasing the ease of mining, the...
In line with its continued commitment to the development of the platinum jewellery market, Anglo American Platinum (Amplats) says it will once again host the PlatAfrica South African platinum...
Multotec has developed a range of flame-resistant rubber screen panels that self-extinguishes in under 60 seconds, thereby significantly reducing the risk of fire and the associated loss of...
Russia's Alrosa, the world's biggest diamond producing company, has started construction of a giant new mine to replace one closed by flooding that killed eight people in 2017, regional authorities...
One of the world’s most popular types of rough diamonds has plunged into a pricing free fall, as a growing number of Americans choose engagement rings made from lab-grown stones instead. Diamond...
London-listed Gem Diamonds has posted a loss a share of $0.07 and lower underlying earnings before interest, taxes, depreciation and amortisation of $8.4-million for the six months ended June 30,...
India has asked the United States to release $26-million belonging to at least two Indian diamond firms frozen due to their alleged trade links with sanctioned Russian diamond major Alrosa, three...
The diamond industry has faced multiple challenges leading to a notable shift in its landscape over the last few years, says personal liability company BDO South Africa. Natural resources partner...
Diamond miner Lucapa Diamond’s rough diamond revenue for the half year ended June 30 was $46.8-million on a 100% basis at an average price of $1 633 /ct. Lucapa recovers large and high-quality...
London-listed Petra Diamonds sold 696 194 ct of diamonds, recovered from its South African operations, for $79.3-million in the first tender of the company’s 2024 financial year. No exceptional...
As electric vehicles (EVs) gain traction, the strain on electricity supply, especially national power grids, will be more, with an increase in the carbon dioxide (CO2) emissions associated with...
London-listed Gem Diamonds, which owns and operates the Letšeng mine, in Lesotho, says it will maintain its full-year guidance on carat recoveries and sales, despite lowering its guidance for...
Canada-headquartered Lucara Diamond Corp has recovered a 692.3 ct white gem-quality diamond at its Karowe mine, in Botswana. The diamond is the fourth diamond weighing more than 300 ct to be...
Canadian-headquartered Lucara Diamond Corporation has announced plans to reappoint William Lamb president and CEO of the company, as well as director, succeeding Eira Thomas. Lamb brings to the...
Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of...
Illegal mining has grown in scale and complexity, forcing mine security personnel and law enforcement to adapt as traditional security measures become obsolete. Additionally, the sophistication of...
Statistics South Africa (Stats SA) reports that mining production increased by 1.1% year-on-year in June, with the largest positive contributors having been platinum group metals (PGMs) and gold....
TSX-listed Lucara Diamond Corp has recovered a 1 080 ct Type IIa diamond at its Karowe mine, in Botswana – the fourth diamond weighing more than 1 000 ct to be recovered at the mine since 2015....
Botswana's state diamond company is planning to diversify how it sells precious stones to the market as it gears up to receive far more supply under a multi-year deal the country struck with...
Diamond exploration and development company Botswana Diamonds says mining on the Marsfontein project, in Limpopo, South Africa, is a proof of concept that is working well. Marsfontein is designed...
Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year....
The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond...
South African State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) is actively searching for partnerships with South Sudanese mining companies, according to an...
De Beers Group has delivered first production from the underground operations at the Venetia mine.
An international team of scientists led by the University of Southampton has discovered that the breakup of tectonic plates is the main driving force behind the generation and eruption of...
The US$2.3 billion investment to take South Africa’s leading diamond mine underground bolsters De Beers’ global production and will benefit the South African economy and host communities until at...
Global miner De Beers' rough diamond production decreased by 5% year-on-year to 7.6-million carats in the second quarter as a result of the planned reduction in South Africa while the Venetia...
ASX-listed Lucapa Diamond Company has reported a strong second-quarter performance, with a record volume of material mined and treated at its Lulo mine, in Angola and its Mothae mine, in Lesotho....
With an operational turnaround under way at diamond miner Petra Diamond’s Finsch mine, in South Africa; the restart of its Williamson mine, in Tanzania, running ahead of schedule; and the company’s...
Canadian diamond miner Mountain Province continues to hold a positive demand outlook for smaller goods, despite the softening of the broader rough diamond market in the second quarter of the year....
A new deal Botswana signed this month with De Beers that will give it access to more diamonds mined within the country will be a major boost for the economy, President Mokgweetsi Masisi said in an...
Statistics South Africa (Stats SA) reports that mining production decreased by 0.8% year-on-year in May, with the largest negative contributors having been platinum group metals (PGMs) and...
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