Diamond Top Stories

De Beers upbeat on Botswana diamond pact after meeting new president

De Beers' CEO said he expected negotiations on a new diamond sales pact with Botswana's government to be wrapped up within weeks.

Reuters | November 14, 2024 | 7:34 am

Gahcho Kué diamond mine earnings fall in ‘disappointing’ market for De Beers JV

Operations at the mine in the Northwest Territories lost C$11 million compared…

Colin McClelland - The Northern Miner | November 7, 2024 | 11:06 am

Anglo American sells Australian coal JV stake for $1.1 billion

Anglo has agreed to sell its 33.3% stake in Jellinbah…

Cecilia Jamasmie | November 4, 2024 | 5:47 am

Botswana’s new president aims to clinch De Beers diamond sales pact soon

The pact will see the government's share of diamonds from…

Reuters | November 1, 2024 | 10:37 am

Botswana voters kick out ruling party of nearly six decades

The country is facing economic stagnation linked to a decline…

Reuters | November 1, 2024 | 7:39 am

Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024

Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.

Reuters | October 30, 2024 | 12:25 am

Diamond-rich Botswana votes with President Masisi seeking second term

Botswana will hold a general election on Wednesday with President Mokgweetsi Masisi competing against three challengers for a second term.

Reuters | October 28, 2024 | 6:55 am

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

Reuters | October 24, 2024 | 9:02 am

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

Reuters | October 24, 2024 | 3:56 am

Diamond miners’ results spark optimism for market recovery

Lucapa and Petra provided a glimmer of hope for the diamond market with stronger revenues and production figures.

Cecilia Jamasmie | October 22, 2024 | 6:03 am

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm

Russia’s finance ministry considering new diamond purchases from Alrosa in 2025

The news was reported by Russia's Interfax news agency.

Reuters | October 18, 2024 | 11:12 am

De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise

It targets Zillennials, the microgeneration born between 1993 and 1998, believed to be behind the rise of lab-grown gems.

Cecilia Jamasmie | October 16, 2024 | 5:37 am

Lucara sells off Clara diamond sales platform

The total consideration is $3 million on closing and the return of 10 million Lucara common shares initially issued as partial consideration when Lucara acquired Clara in 2018.

Staff Writer | October 7, 2024 | 10:13 am

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