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De Beers serves to diversify Anglo’s business profile, providing stability – Moody’s

By: Donna Slater     26th March 2021 Diversified miner Anglo American’s De Beers subsidiary is serving to improve the group’s business profile by providing diversification and, most of the time, stability to its otherwise more closely correlated mining operations, reports risk assessment firm Moody’s in a recent report. With an... 

Diamond, responsible jewellery councils ink partnership agreement

By: Simone Liedtke     16th March 2021 The World Diamond Council (WDC) and the Responsible Jewellery Council (RJC) have entered into a cross-membership partnership and signed mutual codes of conduct, which will help increase knowledge-sharing, pilot new initiatives and increase the positive impact they both make on the lives and... 

Dividend-paying Gem Diamonds working on technologies to reduce diamond damage  

By: Martin Creamer     11th March 2021 Diamond mining and marketing company Gem Diamonds is advancing innovative technologies that reduce diamond damage by ejecting rock non-mechanically and being able to see diamonds in a certain size of rock, Gem CEO Clifford Elphick said on Thursday when the London-listed company reported positive... 

Petra Diamonds completes restructuring

By: Simone Liedtke     10th March 2021 Diamond miner Petra Diamonds has completed the company’s recapitalisation programme. Initially announced in October 2020, the recapitalisation, or restructuring, of the London-listed miner will see the partial reinstatement of its notes debt and the contribution by the holders of existing notes... 

Petra sells 299 ct diamond for $12.18m

By: Creamer Media Reporter      5th March 2021 London-listed Petra Diamonds in January sold the 299.3 ct diamond recovered at the Cullinan diamond mine, in South Africa, to Stargems DMCC for $12.18-million. The exceptional Type 11a white gem-quality diamond adds to the most famous diamonds that have originated from the historic Cullinan mine.... 

Diamcor notes rise in rough diamond demand

By: Donna Slater     12th February 2021 TSX-listed diamond miner Diamcor Mining reports that 2 028.33 ct of rough diamonds recovered from the processing of quarry material at its Krone-Endora at Venetia mine, in South Africa, were tendered and sold during the company’s second tender and sale of rough diamonds in Dubai during the first... 

On-The-Air (12/02/2021) 

By: Martin Creamer     12th February 2021 Opportunities to boost our exports were outlined by a Europe-South Africa partnership this week; Alluvial diamond miners this week came up with a far-reaching plan to revive their shrinking industry; and A former Eskom executive this week launched a new company to help make the world a greener... 

Alluvial diamond miners outline way to save fast-shrinking industry  

By: Martin Creamer     11th February 2021 The number of alluvial diamond operators is decreasing at an alarming rate. In 2004, there were 2 000 small diamond-mining companies, which employed close to 25 000 people, and now there are only about 200 operators employing only 5 000 people – a 90% decline. 

Kareevlei resource upgraded from inferred to indicated, net tonnes increase by 49%

By: Donna Slater     5th February 2021 An updated resource statement of Aim-listed diamond producer BlueRock Diamonds’ Kareevlei diamond mine has resulted in the increase of net tonnes by 49%, to 10.36-million tonnes. This also pushes up the mines net carats by 53%, to 516 200 ct, as well as its indicated resources by 19%.  

On-The-Air (05/02/2021) 

By: Martin Creamer     5th February 2021 South Africa’s mining industry is at the ready to make big investments into electricity generation. The Northern Cape this week received another boost with the announcement of a new mining development. This week’s Mining Indaba saw Botswana going all out to attract new investment in exploration. 

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