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Diamonds

Lucapa marks successful diamond tender
13th October 2023 By: Esmarie Iannucci

Diamond miner Lucapa Diamond Company has announced revenues of A$15.7-million from the sale of seven exceptional diamonds from its Lulo operation, in Angola. The company sold 534.9 ct by tender,... 


South Africa's mine output for August down 2.5% y/y
12th October 2023 By: Creamer Media Reporter

Mining production decreased by 2.5% year-on-year in August, with diamonds, manganese ore and 'other' metallic minerals having made the largest negative contributions. Diamond output was down by... 


Anglo American's Los Bronces mine
Anglo appoints Matt Walker CEO of its marketing business
12th October 2023 By: Creamer Media Reporter

Diversified miner Anglo American has appointed Matt Walker as CEO of its marketing business, following Peter Whitcutt’s decision to step down after 33 years with Anglo American. Walker, who is... 


Resources Watch
Resources Watch
11th October 2023

This week: Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears; Small diamond mining industry in sharp focus at symposium; and, South Africa definitely... 


Mountain Province is a 49% participant with De Beers Canada in the Gahcho Kué mine in Northwest Territories.
Canadian diamond miner pauses discretionary spending amid challenging market conditions
9th October 2023 By: Mariaan Webb

Canadian diamond miner Mountain Province has paused all discretionary spending to focus on cash generation and repaying debt, president and CEO Mark Wall said on Friday. In its third-quarter... 


Joburg Indaba panel from left Bernard Swanepoel, Otsile Matlou, Errol Smart, Mosa Mabuza and Mzila Mthenjane.
Approving outstanding permits could shift economy in 12-18 months, says Mzila Mthenjane
6th October 2023 By: Martin Creamer

If the 5 066 outstanding mining and exploration permits were approved, South Africa could begin to see a shift in the economy within 12 to 18 months, new Minerals Council South Africa CEO Mzila... 


Petra Diamonds' Finsch mine, in South Africa
Petra expects two-month import moratorium to help balance diamond market, prices
6th October 2023 By: Marleny Arnoldi

London-listed Petra Diamonds has released initial results for its Tender 2 sales, which have been brought forward owing to a two-month moratorium on diamond imports to India starting on October... 


Anglo American CEO Duncan Wanblad (right) questioned by Joburg Indaba chairperson Bernard Swanepoel.
South Africa definitely under-explored, has extraordinary untapped potential – Anglo
5th October 2023 By: Martin Creamer

South Africa, with its incredible minerals endowment and extraordinary untapped potential, is definitely under-explored, Anglo American CEO Duncan Wanblad said in response to questions after... 


The Lulo mine, in Angola
Lucapa appoints Selby as CEO and MD
5th October 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company, which holds a 40% interest in the Lulo mine, in Angola, and a 70% interest in the Mothae mine, in Lesotho, has appointed Nick Selby as CEO and MD. Selby has... 


Rough Diamonds mined at De Beers' operations
De Beers reports lower sales as rough diamond availability is reduced amid lower demand
5th October 2023 By: Creamer Media Reporter

The value of De Beers' rough diamond sales for the eighth sales cycle of this year decreased to a provisional $200-million, as the diamond miner reduced its rough diamond availability in light of... 


GSSA fellow Dr Tania Marshall
Small diamond mining industry in sharp focus at symposium
4th October 2023 By: Darren Parker

Raising the profile of small-scale and artisanal diamond miners by fostering stronger networks, investing in future talent and addressing the industry's challenges were key focus points for the... 


Nicky Oppenheimer.
Conservation: if business-as-usual continues, world’s doomed – Oppenheimer conference hears
4th October 2023 By: Martin Creamer

World-renowned conservationist Jane Goodall reminded hundreds of scientists present at the 12th Oppenheimer Research Conference in Midrand that if the world carries on with a business-as-usual... 


A diamond nestled in kimberlite
Gem Trader HB Antwerp ends feud as Botswana weighs diamond sales deal
3rd October 2023 By: Reuters

HB Antwerp, a Belgian gem processor and trader, said that one of its founding members who was fired last month has been reinstated, amid a pending deal with Botswana for the supply of rough stones.... 


The Krone-Endora at Venetia mine
Diamcor seeks to raise C$5m
3rd October 2023 By: Creamer Media Reporter

Canadian diamond mining company Diamcor Mining, which owns and operates the Krone-Endora at Venetia mine, in South Africa's Limpopo province, plans to complete a term loan financing of up to... 


Haul trucks at one of Debswana's operations
De Beers signs ten-year sales deal for Botswana diamonds
2nd October 2023 By: Bloomberg

Anglo American unit De Beers and Botswana’s government signed a deal covering the main aspects of a new sales and mining agreement for their Debswana diamond venture in the African nation. The pact... 


Lucara reports two resignations
2nd October 2023 By: Mariaan Webb

Diamond mining company Lucara Diamond on Monday announced the resignation of CFO Zara Boldt and VP of technical services John Armstrong. Boldt will step down with effect from December 29, and... 


Richard Lawson has been appointed De Beers CFO
Lawson to succeed Kuiljaars as De Beers CFO
29th September 2023 By: Creamer Media Reporter

Sarah Kuiljaars will step down as CFO of diamond miner De Beers Group and will be succeeded by Richard Lawson, who is currently the group's head of planning and business development, with effect... 


The above image depicts the Immersive Technologies PRO4-B transportable simulator platform in use
Simulators drive safety at diamond mine
29th September 2023 By: Lynne Davies

To improve new-employee integration and ensure that existing employees are continually upskilled, mining equipment simulator provider Immersive Technologies has supplied multiple high-fidelity,... 


Lucara terminates HB Trading sale agreement
Lucara terminates HB Trading sale agreement
28th September 2023 By: Mariaan Webb

Canadian diamond miner Lucara Diamond has terminated the sales agreement with HB Trading, following a “material breach of financial commitments” by HB. Lucara says it will continue to use its... 


Bell Equipment CEO Leon Goosen.
Bell placing strong new emphasis on underground mining equipment advance
22nd September 2023 By: Martin Creamer

With a legacy spanning decades and a reputation for pioneering advancements, South Africa’s Bell Equipment is now placing strong new emphasis on advancing underground mining equipment. Currently a... 


Gemfields’ rough emeralds and rubies continue to be in demand after the step-change in market pricing seen across last year
Gemfields expects lower 2023 financial performance
22nd September 2023 By: Cameron Mackay

Gemstone producer Gemfields has demonstrated robust financial performance during the first half of 2023.  However, CEO Sean Gilbertson cautioned on Friday that the company is unlikely to replicate... 


Alrosa suspends diamond allocations for Sept-Oct
Alrosa suspends diamond allocations for Sept-Oct
20th September 2023 By: Reuters

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... 


The rough emeralds sold were extracted by Kagem, which is 75% owned by Gemfields and 25% by the Industrial Development Corporation of Zambia
Gemfields’ latest emerald auction generates $25.5m in revenue
18th September 2023 By: Cameron Mackay

Gemstone producer Gemfields earned revenues of $25.5-million from its latest auction of commercial-quality rough emeralds recovered from the Kagem mine, in Zambia. All 43 lots put on offer were... 


Newfield issues A$16.9m in new equity
18th September 2023 By: Esmarie Iannucci

ASX-listed Newfield Resources has announced a A$16.98-million equity issue consisting of a loan conversion and share placement. The company on Monday announced that it would repay A$13.86-million... 


Markings on a road
Minerals Council, NUM mourn death of 18 M&R employees killed in bus crash
18th September 2023 By: Marleny Arnoldi

The Minerals Council South Africa and trade union the National Union of Mineworkers (NUM) are mourning the death of those killed in an accident between a bus and a truck, near diamond miner De... 


At least 20 dead after Limpopo diamond mine bus collides with truck, burts into flames
18th September 2023 By: News24Wire

At least 20 people died when a bus burst into flames after colliding with a truck head-on in Limpopo on Sunday afternoon.The accident occurred on the R572, and the bus is understood to have been... 


G7 plans Russian diamond imports ban by year-end, Belgium says
15th September 2023 By: Bloomberg

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... 


Image of Petra Diamonds Finsch Mine, South Africa
Petra confident of medium-, long-term lift in market
15th September 2023 By: Natasha Odendaal

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 ends lab-grown engagement diamonds foray as prices drop
13th September 2023 By: Bloomberg

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.... 


Burgundy shares rise as revenues soar
13th September 2023 By: Esmarie Iannucci

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... 


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