December 3, 2024 Gem Diamonds unveils cost-savings plan for Lesotho mine Revised life-of-mine plan will reduce total waste stripping by 65.8 million tonnes, leading to an estimated cost saving of $180 million.
December 2, 2024 De Beers closes 2024 with huge price cuts The world’s largest diamond producer by value has reportedly cut prices between 10% and 15% across the board.
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.
Zimbabwe to continue mineral purchases in 2026, central bank governor says The central bank has aggressively pursued a foreign currency accumulation strategy through mandatory mining royalties, outright gold purchases and leveraging on the rally in gold. December 28, 2025 | 09:29 am
