March 20, 2019

Petra Diamonds keeps founder Pouroulis as chairman

The diamond miner said the appointment of a new chair was "not appropriate" at this time.

March 18, 2019

Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe

Alrosa will assess Zimbabwe's diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project.

March 18, 2019

De Beers, Botswana to expand world’s richest diamond mine

The joint venture partners have awarded a $1.2-billion contract to extend the lifespan of their Jwaneng mine unit 2035.

March 18, 2019

Rio Tinto rejects push by activist shareholders to reveal emission targets

Miner has hit back at a push to make it more accountable for carbon emissions produced by its customers, including Chinese steel makers.

March 18, 2019

Alrosa’s Mir mine won’t reopen before 2030

Russian diamond giant says decision to restore underground mine will be made before 2024, but construction could take up to eight years.

March 17, 2019

Alrosa’s resources estimated in over 1 billion carats

Reserves were estimated at 628 million carats.

March 15, 2019

Botswana’s Debswana targets diamond output of 24 million carats in 2019

Debswana lifted diamond output by 6% to a four-year high of 24.1 million carats in 2018.

March 15, 2019

Alrosa’s 2018 net profit up 15%

Russian state-controlled diamond producer Alrosa said on Friday its 2018 net profit rose to 90.4 billion roubles ($1.4 billion).

March 15, 2019

Lucapa finds fourth +50 carat diamond at Mothae mine in Lesotho

While the 83.9 carat rock was not gem-quality, Lucapa says the find continues to underline the large-stone nature of the kimberlite resource.

March 14, 2019

MAC says mining needs government support to enhance competitiveness

Capital investment in the mining sector has declined each year since 2012, with investment intentions for 2018 in line with this trend.