The fund will receive the new diamonds by the end of 2024.

Reuters | November 26, 2024 | 6:42 am

The phased approach will begin with an 18-month initial phase focused on excavating and dredging five existing pits.

Cecilia Jamasmie | November 25, 2024 | 8:23 am

The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.

Reuters | November 21, 2024 | 10:11 am

Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.

Bloomberg News | November 21, 2024 | 7:35 am

The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.

Staff Writer | November 21, 2024 | 6:59 am

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

Operations at the mine in the Northwest Territories lost C$11 million compared to an income of C$2.7 million in last year’s third quarter.

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 Group, a JV that owns 70% interest in the Jellinbah East and Lake Vermont coal mines.

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

The pact will see the government's share of diamonds from the Debswana joint venture gradually increase to 50% over the next decade.

Reuters | November 1, 2024 | 10:37 am

Botswana holds main interest rate as diamond slump saps economy