BHP walks away from proposed $49bn takeover of Anglo AmericanLess than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.Cecilia Jamasmie | May 29, 2024 | 4:05 am
BHP and Anglo remain split on South Africa as time runs outBHP has until 5 p.m. London on Wednesday to commit…Bloomberg News | May 28, 2024 | 10:32 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflowSuch an outflow, if a deal goes ahead, could weaken…Bloomberg News | May 27, 2024 | 7:05 am
Botswana sets aside $65m to buy 24% stake in gem trader HB Antwerp The deal would value the Belgian company, founded in 2020, at $275 million. Reuters | February 7, 2024 | 9:58 am
De Beers expands presence in Angola’s diamond sector The world’s largest diamond miner by volume has inked agreements with Angola to boost diamond production and exploration. Cecilia Jamasmie | February 6, 2024 | 5:22 am
Rio Tinto unit faces criminal case in Canada over injured worker The accident took place on Jan 26, 2023 at the Diavik mine, which is located about 200 km (125 miles) south of the Arctic Circle in the Northwest Territories. Reuters | February 5, 2024 | 12:47 pm
Swiss ban Russian diamond imports, joining latest EU sanctions Bern has agreed to adopt the 12th round of sanctions implemented by the EU in December. Reuters | January 31, 2024 | 9:51 am
Plane carrying Rio Tinto workers crashes in Canada’s Northwest, six dead Four passengers and two crew members died after a small Jetstream aircraft on its way to the company's Diavik mine crashed shortly after take-off. Reuters | January 24, 2024 | 3:15 am
Gahcho Kué diamond sales fall on weaker demand Revenue declined to $243.7 million from 2.7 million carats sold at an average value of $90 per carat. Colin McClelland | January 23, 2024 | 1:56 pm
Canada gives mineral-rich Arctic region of Nunavut control over its resources Nunavut is home to some of the minerals critical for battery production. Reuters | January 18, 2024 | 7:41 am
De Beers cuts diamond prices to revive sales The world’s top producer made one of the steepest cuts to its diamond prices in years. Bloomberg News | January 15, 2024 | 7:21 am
Gem Diamonds and Lucara find first big stones of 2024 Gem Diamonds has unearthed a 295-carat rough at its Letšeng mine in Lesotho, while Lucara recovered a 166-carat rough at Letšeng in Botswana. Cecilia Jamasmie | January 11, 2024 | 3:24 am