February 25, 2025

Botswana, De Beers sign overdue diamond deal

As part of the deal, Botswana's share of diamonds from Debswana, a joint venture with De Beers, will rise from 25% to 50%.

February 24, 2025

Lucara hits annual diamond production record

The diamond miner increased its processed ore to 2.9 million tonnes last year, up from 2.8 million tonnes in 2023.

February 20, 2025

Anglo American and Codelco strike $5B copper deal

They will jointly develop their adjacent Los Bronces and Andina mines, in a bid to boost copper production without major investments.

February 17, 2025

Petra Diamonds appoints two CEOs as it battles widening losses

Petra reported a loss of $69 million in the six months to December 2024.

February 14, 2025

Rio Tinto clears final hurdles for $6.7B Arcadium Lithium buy

The acquisition of Arcadium is Rio Tinto's biggest deal in over a decade, making it one of the top lithium miners globally.

February 13, 2025

Qatari royal loses UK lawsuit over ‘Idol’s Eye’ diamond

An expert had valued the diamond at around $27 million, a court filing said.

February 10, 2025

Botswana sees 3.3% growth in 2025 amid upturn in diamond market

Botswana is the world's leading producer of diamonds by value.

February 7, 2025

Anglo American nears De Beers spinoff

Botswana, which holds a 15% stake in De Beers valued at $2.5 billion, is considering increasing its stake in the diamond miner.

February 6, 2025

Anglo American to review De Beers value amid weak diamond demand

De Beers rough diamond production decreased by 26% to 5.8 million carats in 2024.

February 5, 2025

Column: Trump or BRICS? The quandary for Africa’s miners and governments

Beyond the short-term volatility created by Donald Trump's tariff machinations, it's likely that the longer-term trend of the world splitting into two trading blocs is accelerating.