November 29, 2024

Botswana Diamonds gets environmental nod for Thorny River

Company expects the mining permit to be granted within the next six weeks, following further community consultations.

November 28, 2024

Oman firm replaces sanctioned Alrosa in Angolan diamond miner

Alrosa, which held a 41% interest in the Catoca operation, has been sanctioned by the US, EU and their allies.

November 27, 2024

Botswana to become certifier in G7 Russian diamond ban

Major African producer will join Antwerp as an origin certifier of rough diamonds for export to the group.

November 26, 2024

Diamond miners face turning point amid weak prices — report

McKinsey & Co. consultants say current downturn presents significant challenges, but it also offers a chance for reinvention.

November 26, 2024

Alrosa announces new agreement with Russian state diamond fund

The fund will receive the new diamonds by the end of 2024.

November 25, 2024

Lucapa Diamond to restart halted Merlin mine

The phased approach will begin with an 18-month initial phase focused on excavating and dredging five existing pits.

November 21, 2024

Russia to continue buying diamonds through state fund in 2025

The Russian budget for 2025-2027 has set aside $1.55 billion for the purchase of precious metals and gems.

November 21, 2024

Sierra Leone woos miners to clean energy with $11 billion plan

Most mining firms rely on their own diesel supplies to extract iron ore, diamonds, rutile and bauxite in the resource-rich country.

November 21, 2024

Alrosa plans production cuts and staff reduction for 2025

The miner may cut its labor costs by 10%, which could involve layoffs among its 35,000 staff.

November 14, 2024

De Beers upbeat on Botswana diamond pact after meeting new president

De Beers' CEO said he expected negotiations on a new diamond sales pact with Botswana's government to be wrapped up within weeks.