Petra Diamonds inks deal to sell idled Koffiefontein mine

Petra has signed a non-binding deal with an unnamed party for the potential sale of the South African diamond mine.

Cecilia Jamasmie | December 13, 2023 | 3:58 am

Anglo American’s falling shares fuel takeover rumours

Analysts say Anglo's current low valuation and diversified portfolio makes it an attractive target for potential buyers.

Cecilia Jamasmie | December 12, 2023 | 4:03 am

Lucapa fetches $17 million for four diamonds recovered from Lulo mine in Angola

The tender was conducted by Sodiam E.P in Luanda, and the Lulo parcel of 609 carats consisted of 4 Type IIa diamonds weighing 41 carats, 123 carats, 208 carats and 235 carats, respectively.

Staff Writer | December 11, 2023 | 12:39 pm

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

G7 to ban Russian diamonds, announce measures on price cap, assets

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 sells stake in Canadian diamond project, ups interest in copper

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

Angola’s new diamond mine opens against backdrop of weak demand

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

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Last

Lucapa recovers 195-carat diamond from Lulo mine

JPMorgan says BHP plan risks $4.3 billion South Africa outflow

BlackRock encouraged Anglo to extend talks with BHP

Anglo shareholders say BHP should amend structure or sweeten bid

Anglo American rejects BHP’s third bid, extends deadline

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India’s Modi says new diamond bourse in Gujarat to create 150,000 jobs