Botswana expects 2025 economic growth rebound on better diamond marketBotswana's economy is expected to grow 3% to 4% in 2025 after a contraction last year.Reuters | January 17, 2025 | 7:37 am
Factbox: Greenland’s rich but largely untapped mineral resourcesA 2023 survey showed that 25 of 34 minerals deemed…Reuters | January 13, 2025 | 8:59 am
Are lab-grown diamonds too bling for their own good?LGD prices are falling because their manufacturing costs also keep…Northern Miner Staff | January 7, 2025 | 8:02 am
Gemfields pauses Mozambique operation amid political unrest The miner said that groups "took advantage" of political unrest to attempt to invade its site. Staff Writer | December 27, 2024 | 5:50 am
Gemfields says unrest could disrupt Mozambique ruby mine Gemfields said in a statement that "groups associated with the illegal mining and trading of rubies have taken advantage of the political unrest". Reuters | December 24, 2024 | 7:38 am
Lure of Anglo’s copper mines could test BHP’s spending resolve BHP needs to offer at least a 40% premium over Anglo's share price for a new takeover bid, but its CEO has committed to spending discipline. Reuters | December 20, 2024 | 5:00 am
Petra Diamonds cuts forecasts, jobs amid market weakness Sales revenue for the third tender fell 7% to $71 million, bringing year-to-date revenue to $146 million, down from $188 million last year. Cecilia Jamasmie | December 20, 2024 | 3:57 am
Alrosa’s 2024 diamond output falls by 4.6% The miner announced plans last month to suspend some production in 2025 and cut staff as it grapples with low global prices. Reuters | December 18, 2024 | 7:50 am
Lucara names two largest diamonds found in 2024 The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence"). Cecilia Jamasmie | December 18, 2024 | 5:33 am
Botswana faces worst downturn since 2020 as diamond sales slump Botswana’s economy may contract by 1.7% this year due to a prolonged downturn in diamond sales. Bloomberg News | December 6, 2024 | 7:08 am
Botswana holds main interest rate as diamond slump saps economy Declining earnings from diamonds have limited government spending. Reuters | December 5, 2024 | 6:53 am
Rio Tinto unveils lithium resource at Rincon project It would produce 53,000 tonnes of battery-grade lithium carbonate annually over a 40-year mine life, with plans to expand to 60,000 tpy. Cecilia Jamasmie | December 4, 2024 | 3:43 am