November 13, 2019

De Beers diamond buyers return as prices cut most in years

De Beers sold the most diamonds since June after the biggest price cut in years, but sales still remained lower than normal for this time of year.

November 12, 2019

Botswana Diamonds digs up first stones at South African mine

The diamonds came from residual unprocessed stockpiles and bearing gravels surrounding Marsfontein mine in Limpopo.

November 11, 2019

RJK expands land position, acquires kimberlite showing

RJK also optioned the Peddie kimberlite pipe from First Cobalt and can earn a 50% interest in that property.

November 11, 2019

In Kimberley, the world’s diamond capital, illicit mining fight flounders

The first South African project to bring illegal miners into the formal fold has been plagued by violence in diamond capital Kimberley.

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.