Gemfields reports updated ‘G-Factor for Natural Resources’ figures

Measure promotes greater transparency around the level of natural resource wealth shared with the governments of host countries.

Staff Writer | February 24, 2023 | 11:26 am

Rio Tinto to spend $40m on Diavik diamond mine expansion

The approved first phase of the expansion project will extend Diavik’s productive life to at least early 2026.

Cecilia Jamasmie | February 23, 2023 | 8:53 am

Lucara updates Karowe diamond mine underground expansion

The company invested $106 million in 2022 in underground development.

Staff Writer | February 22, 2023 | 11:10 am

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

Cecilia Jamasmie | February 22, 2023 | 3:33 am

G-7 and EU looking at ways to track and trace Russian diamonds

Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium.

Bloomberg News | February 19, 2023 | 10:40 am

De Beers confident talks will deliver a Botswana diamond deal

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

Reuters | February 16, 2023 | 9:56 am

Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

Cecilia Jamasmie | February 14, 2023 | 3:43 am

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

Bloomberg News | February 13, 2023 | 6:43 am

Botswana warns of dangers in dash for African minerals

Botswana is reviewing its mines and minerals legislation to "tighten up" laws on mine rehabilitation.

Reuters | February 9, 2023 | 12:22 pm

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Canada gives mineral-rich Arctic region of Nunavut control over its resources

De Beers cuts diamond prices to revive sales

Gem Diamonds and Lucara find first big stones of 2024

Gemfields says rubies making headway in Chinese market

Scientists gain new insights into diamond rain on Neptune, Uranus

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