Diamond Top Stories

Gem Diamonds unveils cost-savings plan for Lesotho mine

Revised life-of-mine plan will reduce total waste stripping by 65.8 million tonnes, leading to an estimated cost saving of $180 million.

Staff Writer | December 3, 2024 | 5:49 am

De Beers closes 2024 with huge price cuts

The world’s largest diamond producer by value has reportedly cut…

Cecilia Jamasmie | December 2, 2024 | 6:18 am

Botswana Diamonds gets environmental nod for Thorny River

Company expects the mining permit to be granted within the…

Staff Writer | November 29, 2024 | 3:34 am

Oman firm replaces sanctioned Alrosa in Angolan diamond miner

Alrosa, which held a 41% interest in the Catoca operation,…

Bloomberg News | November 28, 2024 | 10:16 am

Botswana to become certifier in G7 Russian diamond ban

Major African producer will join Antwerp as an origin certifier…

Reuters | November 27, 2024 | 7:08 am

Diamond-rich Botswana votes with President Masisi seeking second term

Botswana will hold a general election on Wednesday with President Mokgweetsi Masisi competing against three challengers for a second term.

Reuters | October 28, 2024 | 6:55 am

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

Reuters | October 24, 2024 | 9:02 am

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

Reuters | October 24, 2024 | 3:56 am

Diamond miners’ results spark optimism for market recovery

Lucapa and Petra provided a glimmer of hope for the diamond market with stronger revenues and production figures.

Cecilia Jamasmie | October 22, 2024 | 6:03 am

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

Henry Lazenby - The Northern Miner | October 18, 2024 | 2:00 pm

Russia’s finance ministry considering new diamond purchases from Alrosa in 2025

The news was reported by Russia's Interfax news agency.

Reuters | October 18, 2024 | 11:12 am

De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise

It targets Zillennials, the microgeneration born between 1993 and 1998, believed to be behind the rise of lab-grown gems.

Cecilia Jamasmie | October 16, 2024 | 5:37 am

Lucara sells off Clara diamond sales platform

The total consideration is $3 million on closing and the return of 10 million Lucara common shares initially issued as partial consideration when Lucara acquired Clara in 2018.

Staff Writer | October 7, 2024 | 10:13 am

The top 50 biggest mining companies in the world

Despite gold's price slump, strong copper and iron ore prices lifted MINING.COM's ranking of the world's 50 most valuable miners to a new record high of $1.35 trillion.

MINING.com Editor | October 5, 2024 | 2:59 am

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