Botswana GDP shrinks most since 2020 as diamond output plungesReal value added of the diamond traders and mining & quarrying industries were down 46.8% and 24.8% respectively.Bloomberg News | June 28, 2024 | 9:35 am
Petra Diamonds cuts targets and costs in tough marketPetra plans to cut operating costs by $30 million a…Cecilia Jamasmie | June 27, 2024 | 3:49 am
De Beers sales drop to $315m amid search for new ownerProvisional figure is less than the $383 million fetched in…Cecilia Jamasmie | June 26, 2024 | 3:50 am
BHP-Anglo American potential merger: It’s all about copper The world’s largest miner wants to buy Anglo American, but only if its London-based peer divests Amplats and Kumba. Cecilia Jamasmie | April 25, 2024 | 7:52 am
Anglo American confirms non-binding offer from BHP The proposal comprises an all-share offer for Anglo American by BHP. Bloomberg News | April 24, 2024 | 4:26 pm
BHP targets Anglo American in bid valued at $39 billion Takeover would represent the first mega deal among the world’s biggest diversified miners in over a decade. Bloomberg News | April 24, 2024 | 3:39 pm
Anglo American bullish on copper outlook, cuts diamond targets It produced 11% more copper in the first quarter, but its diamond unit De Beers saw output drop by 23% on high inventories. Cecilia Jamasmie | April 23, 2024 | 5:35 am
Gem Diamonds finds 169 carat stone in Lesotho This is the fourth greater than 100 carat Type II white diamond unearthed this year at the prolific Letšeng mine. Staff Writer | April 22, 2024 | 4:58 am
Antwerp World Diamond Centre CEO resigns amid Russia diamond sanctions Ari Epstein did not publicly communicate the reason for his sudden departure. Reuters | April 12, 2024 | 9:29 am
Karelian says Finland asset likely to hold more coloured diamonds The Irish explorer said the samples were taken in the Kuhmo region of Finland, where it found a green diamond in 2022. Staff Writer | April 9, 2024 | 6:01 am
Rio Tinto promotes copper boss Bold Baatar to commercial chief Baatar's role in the expansion of Oyu Tolgoi and the $6.2bn Simandou iron ore project highlights his suitability for the post. Cecilia Jamasmie | April 8, 2024 | 3:39 am
Big 5 diversified mining companies are having a rough 2024 World’s 50 biggest miners had a combined market capitalization of just under $1.4 trillion, with losses at the very top offsetting a banner quarter for gold and copper stocks. Frik Els | April 5, 2024 | 9:47 am