Burgundy buys Canada’s largest diamond operation

Burgundy Diamond Mines is buying Arctic Canadian, owner of the Ekati mine, to become one of the world’s biggest diamond operations.

Staff Writer | March 14, 2023 | 8:28 am

EV batteries get some bling

A new EV battery uses diamonds to harvest energy.

Staff Writer | March 13, 2023 | 7:25 am

Botswana intent on selling more diamonds without De Beers

Three-quarters of Debswana's production, which was 24 million carats in 2022, is sold to De Beers.

Reuters | March 9, 2023 | 10:45 am

Botswana mining growth seen flat amid dim diamond outlook

In 2023, Botswana expects diamond output to decline by 1%.

Reuters | March 1, 2023 | 7:41 am

Quest for world’s biggest diamonds gives De Beers a headache

To the southeast of the teeming herds of wildlife in the Okavango Delta in Botswana, an offshoot of the Lundin mining dynasty is extending its search for the world’s biggest diamonds.

Bloomberg News | February 28, 2023 | 8:04 am

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

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Anglo American to review assets after writedowns and profit plunge

TIMELINE: Anglo American’s efforts to tackle weak commodity prices

Lucara Diamond unearths over 530-carats at Karowe mine in Botswana

Diamond, niobium play key role in development of quantum detection devices

Lucara Diamond revives sales deal with gem trader HB Antwerp

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