November 8, 2019

Tradewind launches new blockchain app to increase transparency in precious metals markets

The solution integrates with Tradewind’s existing VaultChain products, which present information on precious metal throughout the supply chain, including the name and geography of the mine where the metal was…

November 5, 2019

De Beers cuts diamond prices by about 5% as industry crisis deepens

De Beers is taking more drastic steps to stem the crisis in the diamond industry by cutting prices across the board for the first time in years.

November 5, 2019

Lucara going ahead with $514m Karowe mine expansion

While the needed investment is expected to be paid back in under three years, Lucara has suspended dividends.

November 1, 2019

Inaugurated, Botswana’s Masisi pledges to diversify economy away from diamonds

He also said his government would implement reforms to make its products and services more competitive on the global market.

November 1, 2019

Firestone resumes operations at Liqhobong diamond mine

Firestone has installed rented diesel generators to power the Lesotho mine's processing plant.

October 31, 2019

Petra Diamonds opens tailings to artisanal miners in South Africa

Petra believes there is space for artisanal small-scale miners to co-exist with formalized, large-scale operators.

October 30, 2019

De Beers begins drilling on Tri Origin properties near Cobalt

This is the first time in recent years the hunt for diamonds has come to this area of the Cobalt-Temagami region.

October 28, 2019

De Beers banks on ‘diamonds are for me’

Luxury groups see potential for growth in jewellery demand, as shown by LVMH's nearly $14.5 billion offer, made public on Monday, to buy Tiffany & Co.

October 28, 2019

South Africa grants Botswana Diamonds mining permit for Marsfontein

The mine was operated for two years in the late 1990s and surrounding deposits overlooked when the mine it closed.

October 27, 2019

Revving up Greenland’s mineral production will take time

Greenland recently issued numerous exploration and mining licences in a bid to diversify its economy.