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Anglo CE Duncan Wanblad.
Anglo pleased with copper's first-quarter performance
23rd April 2024 By: Martin Creamer

Copper production increasing by 11% as Quellaveco achieved its highest plant throughput rate in Peru, and Collahuasi and El Soldado in Chile benefitting from higher copper grades were among the... 


A truck transporting material from the Jwaneng mine
De Beers lowers full-year production guidance on high market inventory levels
23rd April 2024 By: Creamer Media Reporter

Diamond miner De Beers, a subsidiary of diversified miner Anglo American, has lowered its production guidance for the 2024 full-year to between 26-million and 29-million carats in response to the... 


203 ct Type IIa diamond
Lucapa sells three diamonds for $10.5m in first tender
22nd April 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has sold three exceptional diamonds recovered from the Lulo mine, in Angola, for $10.5-million at tender. The tender was concluded on April 19 and was conducted... 


Gem Diamonds' 169.15 ct Type II white diamond
Gem Diamonds recovers 169 ct diamond in Lesotho
22nd April 2024 By: Marleny Arnoldi

London-listed Gem diamonds has recovered a 169.15 ct Type II white diamond from the Letšeng mine, in Lesotho. The find marks the fourth diamond greater than 100 ct that Gem has recovered in the... 


De Beers CEO Al Cook
De Beers says third cycle sales higher than historical levels, but lags behind last year
17th April 2024 By: Marleny Arnoldi

Diamond miner De Beers says it generated about $445-million in revenue from its third sales cycle for this year. The figure represents the expected sales value from the company’s latest global... 


Petra Diamonds CEO Richard Duffy
Exceptional blue Cullinan diamond lifts latest Petra tender prices by 22%
16th April 2024 By: Martin Creamer

The sale by Southern African diamond mining company Petra Diamonds of an exceptional blue diamond in its fifth tender cycle lifted the average prices per carat received 22% higher than those of the... 


Diamonds
GSSA to host West Coast Diamonds event, excursion in May
16th April 2024 By: Marleny Arnoldi

The Geological Society of South Africa’s (GSSA’s) Northern Cape branch will host a West Coast Diamonds event and excursion on May 17 and 18, in the Northern Cape. The event will be hosted at the... 


Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions
12th April 2024 By: Reuters

Antwerp World Diamond Centre (AWDC) CEO Ari Epstein resigned unexpectedly on Thursday, the AWDC's board of directors said in a statement. A spokesperson for AWDC, Belgium's main diamond industry... 


Minerals Council CEO Mzila Mthenjane
Minerals Council outlines mining’s ‘immense’ positive social impact
11th April 2024 By: Marleny Arnoldi

Industry body, the Minerals Council South Africa finds in a survey that 12 of its members, representing about 60% of the formal employment in the mining industry, spent R2.3-billion on... 


Diamond nestled in kimberlite
BOD plans drilling at second anomaly discovered near its KX36 project
11th April 2024 By: Marleny Arnoldi

Aim-listed Botswana Diamonds (BOD) has discovered a second 6 ha anomaly close to a prior 12 ha anomaly announced in January, with the drilling of five holes to start once an environmental-impact... 


Botswana Diamonds chairperson John Teeling.
Artificial intelligence to be applied to Botswana Diamonds’ database
9th April 2024 By: Martin Creamer

London- and Botswana-listed diamond company Botswana Diamonds is going to apply artificial intelligence (AI) techniques to its Botswana database, the company said on Tuesday, April 9. Involved are... 


Pink diamond
Sodiam to host online rough diamond tender on April 19
8th April 2024 By: Marleny Arnoldi

Angolan national diamond trading company Sodiam will host an online rough diamond tender in collaboration with Trans Atlantic Gem Sales on April 19. Viewings will take place between April 11 and... 


Former De Beers, Mountain Province exec Brown appointed Lucapa chairperson
8th April 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company has appointed former De Beers interim CEO and CFO Stuart Brown as independent nonexecutive chairperson and former Rothschild Australia investment banking head... 


Koffiefontein mine
Petra on track to deliver significant cost savings, mulls retrenchments
8th April 2024 By: Marleny Arnoldi

After entering into a sales process for the Koffiefontein diamond mine, in South Africa’s Free State province, London-listed Petra Diamonds is on track to deliver $75-million of cash savings in the... 


The Renard project
Court approves Winsome’s Renard project option
8th April 2024 By: Creamer Media Reporter

Australia-listed Winsome Resources has paid a C$4-million option fee to secure the acquisition rights for the Renard project, in Quebec. This comes as the Superior Court of Quebec approved an... 


The Renard mine is about 60 km from the Adina resource.
Winsome’s diamond mine bid may advance pathway to lithium production
4th April 2024 By: Mariaan Webb

Australia-listed explorer Winsome Resources on Thursday unveiled an exclusive option agreement to acquire the assets of the idled Renard mine, in Quebec, in a move that may accelerate its path to... 


Russia confirms deal to buy part of diamond producer Alrosa's output
2nd April 2024 By: Reuters

Russia will regularly buy diamonds from sanctions-hit producer Alrosa ALRS.MM through a state fund, the finance ministry said on Thursday, a move that suggests Western restrictions on Russia's... 


Canada's mild winter disrupts key ice road to remote Arctic diamond mines
Canada's mild winter disrupts key ice road to remote Arctic diamond mines
2nd April 2024 By: Reuters

An unusually warm winter in Canada this year has delayed the opening of a 400-kilometer ice road that is rebuilt every year as the main conduit for Rio Tinto, Burgundy Mines, and De Beers to... 


Mineral sands
Kazera readies for production of heavy mineral sands, diamonds
27th March 2024 By: Marleny Arnoldi

Aim-listed Kazera Global has been using funds from the ongoing sale of African Tantalum (Aftan) to put in place plant, staff and equipment at the Whale Head and Deep Blue projects, in South Africa,... 


An image of Botswana Diamonds' Ghaghoo mine.
Botswana Diamonds achieves several positive developments in 2023
25th March 2024 By: Tasneem Bulbulia

Diamond miner Botswana Diamonds chairperson John Teeling has outlined some positive developments achieved by the company during 2023, including that a gravity survey has discovered a high-grade... 


203 ct diamond
Lucapa recovers 203 ct diamond in Angola
22nd March 2024 By: Marleny Arnoldi

ASX-listed Lucapa Diamond Company has recovered a 203 ct type IIa diamond at its 40%-owned Lulo Alluvial operations, in Angola. The diamond is the fifth-largest diamond to be recovered from Lulo... 


Lulo alluvial resource increases carats by 48%
18th March 2024 By: Sabrina Jardim

After accounting for mining depletion of 30 585 ct during the 2023 calendar year, ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas & Petalas have reported that alluvial... 


Retired Tiffany & Co exec appointed to Diamcor’s board
18th March 2024 By: Tasneem Bulbulia

Recently retired Tiffany & Co executive D. Wayne Howard has joined the board of diamond mining company Diamcor Mining as an independent director. “I am very pleased to announce the addition of Mr.... 


OR Tambo SEZ poised to deliver economic development, employment opportunities
15th March 2024 By: Sabrina Jardim

The OR Tambo Special Economic Zone (SEZ) aims to promote economic development, job creation and growth through the government’s SEZ programme and is a flagship programme for developments in... 


Low prices contribute to 65% y/y drop in Gem's Ebitda
14th March 2024 By: Creamer Media Reporter

High inflation, interest rate hikes and slow overall economic growth in major economies impacted negatively on the diamond market in 2023, putting pressure on rough and polished diamond prices.... 


Russian diamond ban creates costly delays, Antwerp diamond dealers say
Russian diamond ban creates costly delays, Antwerp diamond dealers say
14th March 2024 By: Reuters

Antwerp's diamond dealers are facing long and expensive delays in their imports of the precious stones due to an EU ban on Russian-origin diamonds that came into effect on March 1, a letter seen by... 


The Karowe openpit
Updated study puts Karowe expansion project capital cost at $683m
14th March 2024 By: Creamer Media Reporter

Canada-headquartered Lucara Diamond Corp has published the results of an updated feasibility study on the Karowe Underground Expansion Project (UGP), detailing an estimated preproduction capital... 


Metcon post image
MineShift highlights the importance of advancing African beneficiation
14th March 2024 By: Tracy Hancock

The need to ensure that Africa realises the vast potential for socioeconomic upliftment presented by the on-continent beneficiation of its abundant endowment of precious-metals and stones was... 


Burgundy Diamond Mines CEO and MD Kim Truter
Burgundy CEO believes his diamond company is undervalued
13th March 2024 By: Darren Parker

ASX-listed Burgundy Diamond Mines (BDM) CEO and MD Kim Truter believes the company is trading at a significant discount, presenting a real opportunity for investors. “At some point, the market is... 


A De Beers employee sorting rough diamonds
De Beers pleased with rising demand, but warns recovery will be gradual
13th March 2024 By: Creamer Media Reporter

Diamond company De Beers sold $430-million of rough diamonds in the second sales cycle of this year. Sales were higher than the $374-million of rough diamonds sold in the first quarter of this... 


Blue Diamond
Petra seeks new CFO following Breytenbach’s resignation
8th March 2024 By: Marleny Arnoldi

London-listed Petra Diamonds has started with a recruitment process to appoint a successor to CFO Jacques Breytenbach, who has resigned owing to personal reasons. Breytenbach will remain in his... 


Firestone's 215 ct natural diamond up for sale
Firestone puts 215 ct diamond up for sale
6th March 2024 By: Darren Parker

UK-registered diamond mining company Firestone Diamonds has put a 215 ct natural diamond recovered at its Liqhobong diamond mine, in the highlands of Lesotho, up for sale.  The diamond represents a... 


Lucapa recovers two diamonds of over 100 ct each
Lucapa recovers two diamonds of over 100 ct each
5th March 2024 By: Sabrina Jardim

ASX-listed Lucapa Diamond Company and its partners Endiama and Rosas and Petalas, have recovered two diamonds of over 100 ct each from the terraces of Mining Block 46 at the Lulo mine, in Angola.... 


Australian exploration trends shifting, impacting search for new deposits - Amec CEO
Australian exploration trends shifting, impacting search for new deposits - Amec CEO
4th March 2024 By: Creamer Media Reporter

While Australian mineral exploration expenditure reached a record high in 2023, statistics for the December quarter show that the trends are shifting to a decline in expenditure and metres drilled,... 


Image of a screening solution at Sandvik Rock Processing’s local manufacturing facility
Growing demand for vibrating screens and feeders
1st March 2024

The demand for vibrating screens and feeders in the commodities sector is on the rise, with a noticeable surge in brownfield projects aimed at replacing existing equipment in various operations,... 


Debswana's Jwaneng mine
Debswana's diamond sales down 25.1% in 2023 on weak demand
1st March 2024 By: Reuters

Debswana Diamond Company's sales of rough diamonds fell 25.1% in 2023, data released by Botswana's central bank late on Thursday showed, as an economic slowdown hit demand for luxury items in the... 


Diamcor diamonds
Diamcor reports a $1m loss for the third quarter
1st March 2024 By: Darren Parker

Junior diamond mining company Diamcor Mining has reported a net loss of about $1-million, or about $0.01 a share, for the quarter ended December 31, 2023. This compares with a net loss of $386 619... 


One rough and one polished diamond
De Beers strengthens provenance collaboration ahead of G7 import ban on Russian diamonds
29th February 2024 By: Creamer Media Reporter

Ahead of new diamond import requirements from Group of 7 (G7) nations, starting on March 1, diamond producer De Beers Group says it anticipates no disruption to its diamond supply. The group... 


Lucapa posts full-year loss amid volatile market conditions
29th February 2024 By: Sabrina Jardim

In 2023, the global diamond market experienced a downturn and volatility and although the large, high-quality diamonds recovered from both its Lulo and Mothae operations achieved decent prices at... 


WFDB concerned about G7 proposal to restrict trade in Russian diamonds
28th February 2024 By: Sabrina Jardim

The World Federation of Diamond Bourses (WFDB) has launched a campaign to unite the diamond and jewellery industry in presenting its concerns regarding the proposed Group of Seven (G7) restrictions... 


Russia diamond producer Alrosa's annual net profit drops 15.2%
28th February 2024 By: Reuters

Russia's sanctions-hit diamond producer Alrosa on Wednesday reported 2023 net profit of 85.18-billion roubles ($925-million), down 15.2% from the previous year. Turnover was up 9.2% at... 


Eastport Ventures CEO Robin Birchall
Eastport appoints mining veteran Birchall as CEO
28th February 2024 By: Marleny Arnoldi

Canadian miner Eastport Ventures has appointed Robin Birchall CEO effective immediately. He brings to the board more than 20 years of experience in the investment banking sector within the mining... 


Christo Wiese
South African billionaire Wiese returns to his diamond-hunting roots
26th February 2024 By: Bloomberg

Christo Wiese, South Africa’s-billionaire retail king, is going back to the future. The 82-year-old serial investor, who steered the expansion of both Africa’s biggest clothing retailer and the... 


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