Petra Diamonds says the worst is likely over

Petra's 20% increase in like-for-like prices for its latest tender of financial year 2024 supports its view that diamond prices have bottomed.

Cecilia Jamasmie | December 8, 2023 | 6:34 am

The group is expected to announce a direct ban as of Jan. 1.

Reuters | December 6, 2023 | 7:39 am

Researchers map Australia’s path to address yearly A$4 billion on mine closure expenditures

Annual expenditures on mine closure and rehabilitation activities in Australia are expected to exceed A$4 billion by 2040.

Staff Writer | December 5, 2023 | 6:06 am

Rio Tinto sold its 75% interest in the Fort à la Corne diamond project in Saskatchewan, and is increasing its stake in a Yukon copper firm.

Cecilia Jamasmie | November 29, 2023 | 4:09 am

Luele's resource contains an estimated 628 million carats of diamonds with a mine-life of 60 years.

Reuters | November 27, 2023 | 9:41 am

The Gravelotte mine, operational between 1929 and 2002, was one of the world's largest emerald mines in the 1950s and 1960s .

Staff Writer | November 21, 2023 | 6:23 am

The West African country has rich mineral reserves of diamonds, gold and iron ore.

Reuters | November 20, 2023 | 12:49 pm

EU diplomatic sources said last week the proposal under discussion was to ban direct diamond imports from Russia from Jan. 1.

Reuters | November 20, 2023 | 8:04 am

The diamond miner will focus on assessing a smaller scale, lower cost path to mine development amid weak market conditions.

Cecilia Jamasmie | November 20, 2023 | 5:13 am