R/€ = 18.3034 Change: 0.0019
R/$ = 17.3544 Change: 0.1768
Au 1797.30 $/oz Change: 0.00
Pt 1028.50 $/oz Change: 0.00


Diamcor reports two lucrative tenders for the third quarter

By: Marleny Arnoldi     9th December 2022 TSX-V-listed Diamcor Mining has achieved a 121% quarter-on-quarter increase in total carats sold to more than 8 300 ct, for revenues exceeding $2-million, in the third quarter. This, says CEO Dean Taylor, demonstrates the company’s ability to generate significant revenues without the added... 

Botswana Diamonds reports project development progress

By: Tasneem Bulbulia     8th December 2022 Aim-listed Botswana Diamonds (BOD) believes there are big opportunities for diamond exploration and development in South Africa and the company is focusing on what it considers the best opportunities available to the company. The company on December 8 reported its results for the financial year... 

Lulo continues to deliver for Lucapa

By: Esmarie Iannucci     8th December 2022 Diamond miner Lucapa Diamond Company has announced significant recoveries from a bulk sample from its Lulo kimberlite operation, in Angola. The company said that some 20 diamonds had been recovered from the initial processing of around 20% of the kimberlite bulk sample, with five diamonds... 

Walkabout appoints GM to lead commissioning of Lindi Jumbo

By: Creamer Media Reporter      7th December 2022 ASX-listed Walkabout Resources has appointed experienced mining executive Charl van der Merwe as GM of the Lindi Jumbo graphite mine, in Tanzania.  Bringing over 35 years’ experience including senior and executive positions in mine development and management with major, mid-tier and junior miners... 

De Beers appoints its first black-owned sightholder in South Africa

By: Marleny Arnoldi     5th December 2022 As part of diamond miner De Beers Group’s strategic objective of driving transformation in the local diamond sector, the group has appointed its first majority black-owned sightholder, Molefi Letsiki Diamonds (MLD), effective January 1 next year. Molefi Letsiki is an alumnus of De Beers’... 

Phase 1 drilling completed for extension discovery at Gahcho Kué mine

By: Tasneem Bulbulia     1st December 2022 Canadian miner Mountain Province Diamonds has published Phase 1 drilling results for the discovery, as reported in July, of the Hearne Northwest Extension at the Gahcho Kué mine. The Hearne kimberlite is one of four kimberlites being mined at Gahcho Kué mine, which is presently ranked as fourth... 

Low risk of further breaches at Williamson TSF, but production restart pushed to mid-2023

By: Schalk Burger     30th November 2022 LSE-listed diamond producer Petra Diamonds' assessment team has concluded that there is a low risk of further breaches of the tailings storage facility (TSF) at the Williamson mine, in Tanzania, or a breach of the New Alamasi water dam. This follows the November 7 breach of the eastern wall of... 

De Beers sponsors newly launched jewellery showcase at Montecasino

By: Marleny Arnoldi     25th November 2022 Diamond miner De Beers has partnered with the Jewellery Council of South Africa to serve as the main headline sponsor of this year’s ShopJewellex, a newly launched retail-consumer jewellery showcase to be held at Montecasino over the Black Friday weekend. ShopJewellex will showcase the latest... 

Petra reports 6% y/y rise in second yearly diamond tender sales

By: Donna Slater     25th November 2022 Diamond miner Petra Diamonds sold 447 276 ct of diamonds for $61.3-million during its second tender for the 2023 financial year. Sales were up 6% year-on-year as a result of the final closure date of the tender being extended owing to unusual market conditions with some build up in inventory... 

On-The-Air (18/11/2022) 

By: Martin Creamer     18th November 2022 This week Martin Creamer discusses green energy and a new underground diamond mine in Limpopo. 

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