Global diamond giant De Beers said it will go ahead with a planned $1-billion investment to extend the life of its flagship Jwaneng mine in Botswana, even as last year's downturn in gem demand... 

India has urged the Group of Seven (G7) countries to delay an incoming ban on Russian diamonds because the rules to trace the origins of gems remain unclear, two sources aware of the matter said.... 

Diamond miner Petra Diamonds is making a series of changes to reduce the size and improve the efficiency of its board, going into 2024. Once these changes take effect, Petra's board will reduce... 

The world’s two biggest diamond miners are selling stones again after the industry all but halted supplies in a desperate attempt to stop a collapse in prices. This year’s rout that was driven by... 

India's Surat diamond bourse will create 150 000 new jobs and become a "one-stop shop" for artisans and businessmen, Prime Minister Narendra Modi said as he inaugurated the new bourse in Gujarat.... 

Star Diamonds’ technical team is once again focused on the technical investigation and evaluation of the project. 

Diamond producer Petra Diamonds has announced the final sales results for its third tender cycle following further sales of 56 600 ct for $9.3-million. This brings total sales for the cycle to... 

Jewelled egg maker Fabergé has introduced a new luxury egg called Journey in Jewels in partnership with Regent Seven Seas Cruises. The egg was unveiled at a gala event in Miami, Florida, on... 

London-listed Petra Diamonds has entered into a nonbinding term sheet on an exclusive basis with an undisclosed interested party for the potential sale of the Koffiefontein diamond mine, in South... 

ASX-listed Lucapa Diamond Company and Endiama and Rosas & Petalas – its partners in the Lulo alluvial mine, in Angola – have sold four "exceptional" diamonds recovered at the mine for a combined... 

Diamond company Botswana Diamonds will embark on follow-up ground geophysics on four anomalies that were identified contiguous with the company’s KX36 project in the Kalahari, in Botswana. They... 

Global diversified miner Anglo American is focusing on improving its cost performance and cash generation by reconfiguring several assets to adjust the production profile to near-term constraints... 

Diamond mining group Petra Diamonds has sold 462 794 ct of diamonds for $58.7-million in its third tender for the 2024 financial year. This is higher than the 444 029 ct sold for $41.5-million in... 

India, home to 90% of the world's diamond cutting and polishing industry, and De Beers, the top global rough diamonds producer by value, are seeking clarity and flexibility from G7 countries in... 

As Star Diamonds takes the reins in full ownership of the Fort à la Corne joint venture (JV), the company’s technical team is once again focused on the technical investigation and evaluation of the... 

Forging transformation in the diamond sector through nurturing carefully selected small businesses, De Beers takes a hands-on approach that adapts to past experience. This has led the company to... 

Group of Seven nations have agreed to ban Russian diamond imports from the start of next year in the latest move to curb Russia’s ability to fund its invasion of Ukraine. While the G-7 and its... 

Statistics South Africa (Stats SA) has reported a marginal 0.2% contraction in gross domestic product (GDP) for the third quarter, compared with the second quarter, and a contraction of 0.7%... 

Zimbabwe is using the proceeds of its platinum exports to settle a $400-million loan from the African Export-Import Bank as the indebted nation turns to its mineral wealth to open lines of credit.... 

Diamond miner Lucara Diamond Corp, which has appointed Glenn Kondo CFO and corporate secretary, with effect from January 1, expects to mine between 3.6-million and 4.6-million tonnes and recover... 

Angola has officially started diamond mining at its new Luele project, the biggest in the country and one of the world's largest by estimated resources, it said on Monday, at a time when global... 

Aim-listed Botswana Diamonds has undertaken a share placement and subscription with existing and new investors to raise £380 000 through the issue of 76-million new ordinary shares of £0.0025 each... 

Battery metals development company NextSource Materials, which is developing the Molo graphite project, in Madagascar, has appointed Johnny Velloza as interim COO as successor to Robin Borley, who... 

Department of Higher Education and Training deputy director-general Zukile Mvalo has stressed the importance of ensuring that a lack of skills does not become a constraint for the recovery and... 

By: Sheila Khama In many countries, extractives State Owned Enterprises, (SOEs) dominate economies but performance in governance and development terms varies. Some are spectacularly successful and... 

The Kremlin, facing the prospect of a European Union ban on imports of Russian diamonds, said on Monday that EU sanctions tended to have a "boomerang effect" on those who applied them. Kremlin... 

Liberian President-elect Joseph Boakai, who defeated President George Weah in the November 14 Presidential runoff, says his administration will take a close look at mining concessions to ensure... 

World Diamond Council (WDC) president Feriel Zerouki has said the finalisation of arrangements for the establishment of a permanent Kimberley Process (KP) secretariat in Gaborone, Botswana, in... 

London-listed Gem Diamonds has reached agreement with Matekane Mining Investment Company (MMIC) to terminate MMIC's load and haul contract at the Letšeng mine, in Lesotho, with effect from December... 

Deputy Finance Minister Alexei Moiseev said on Tuesday the world diamond market had no way of making up for the loss of Russian diamonds owing to Western sanctions. "An artificial restriction of... 

De Beers plans to stockpile unsold diamonds after the world’s biggest producer responded to plunging prices by allowing its buyers to refuse to purchase all the stones they’re contracted to buy.... 

Diamond miner Petra Diamonds has named senior independent director Varda Shine as interim chairperson. She will succeed Peter Hill, who has informed the company that he will not offer himself for... 

In its second undertaking as the chair of the Kimberley Process (KP), the United Arab Emirates (UAE) has vowed to advance a number of crucial initiatives through to fruition. The KP is a United... 

Dual-listed Lucara Diamond Corporation achieved an operating cash cost of $28.62/t of ore processed for the quarter ended September 30, which is well below the expected yearly range of between... 

When the world’s most important diamond buyers arrived at De Beers’ offices in Botswana late last month, they were presented with a rare offer by their host: the option to buy nothing at all. De... 

Industry organisation the World Diamond Council (WDC) is “determined” to drive forward the ambition of the Kimberly Process (KP), which aims to foster peace, security and benefit all diamond... 

By: Sheila Khama Botswana leads in mining, sorting, and valuing of diamonds but has fared less successfully in cutting and polishing. In this extract from a third of four articles on... 

South Africa's mining production decreased by 1.9% year-on-year in September, with diamonds, 'other' metallic minerals and manganese ore having made the largest negative contributions. Diamond... 

ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have recovered a 235 ct diamond at their Lulo mine, in Angola. Not only is it the second-largest diamond to be... 

The value of rough diamonds sold by De Beers during its ninth sales cycle for this year reached only $80-million, compared with the $200-million sold in the eighth sales cycle. Sales were also... 

Only a few weeks after Russia invaded Ukraine in February 2022, Antwerp-based diamond dealer Thierry Tugendhaft started receiving calls from big jewellers in Paris asking him to stop supplying them... 

Hot work on screen decks during plant maintenance poses a significant risk, as fires in mining not only endanger lives, but also lead to substantial downtime and financial losses. In response to...