Lucara names two largest diamonds found in 2024The 2,488ct diamond is named Motswedi ("water spring") and the 1,094ct stone is called Seriti ("aura" or "presence").Cecilia Jamasmie | December 18, 2024 | 5:33 am
Botswana faces worst downturn since 2020 as diamond sales slumpBotswana’s economy may contract by 1.7% this year due to…Bloomberg News | December 6, 2024 | 7:08 am
Rio Tinto unveils lithium resource at Rincon projectIt would produce 53,000 tonnes of battery-grade lithium carbonate annually…Cecilia Jamasmie | December 4, 2024 | 3:43 am
Russia to continue buying diamonds through state fund in 2025 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
Sierra Leone woos miners to clean energy with $11 billion plan 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
Alrosa plans production cuts and staff reduction for 2025 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 upbeat on Botswana diamond pact after meeting new president 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
Gahcho Kué diamond mine earnings fall in ‘disappointing’ market for De Beers JV 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
Botswana’s new president aims to clinch De Beers diamond sales pact soon 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 voters kick out ruling party of nearly six decades The country is facing economic stagnation linked to a decline in the diamond trade. Reuters | November 1, 2024 | 7:39 am
Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024 Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers. Reuters | October 30, 2024 | 12:25 am