April 11, 2018

Mining industry must improve human rights, environment protection — index

The Responsible Mining Index, launched in Geneva on Wednesday, assesses the policies and practices of 30 large companies that produce 25 percent of mined commodities, from gold to copper and…

April 10, 2018

Petra Diamonds secures new debt agreements with lenders

Petra Diamonds said it has finalised an agreement with its lenders for a waiver of its December 2017 debt covenant and a resetting of debt agreements.

April 10, 2018

Russia’s Alrosa says diamonds sales at $559.5 mln in March

Alrosa's total diamond sales in the first quarter 2018 amounted to $1.606 billion, the company said.

April 9, 2018

Private capital flowing into mining on track for record year

The second largest ever private equity fund focused on mining closed in the first quarter – 13 funds aim to raise a further $4.9 billion in 2018.

April 6, 2018

Flawless white diamonds, among largest ever offered, to go on sale

Two flawless white diamonds each weighing in at more than 50 carats are expected to fetch more than $15 million when Sotheby's auctions them in May.

April 6, 2018

This historic blue diamond is expected to fetch up to $5.3 million

The Farnese Blue, passed down through European royalty, goes on sale for first time as part of a Sotheby’s auction to be held in Geneva, on May 15.

April 5, 2018

Venezuelan Catholic Church worried about mining devastation

"The church but the entire world is worried about the environmental degradation that unregulated mining activities are causing in the Bolívar and Amazonas states."

April 5, 2018

De Beers, Botswana seek fresh expansion of world’s richest diamond mine

Debswana, the joint venture between De Beers and the Botswana’s government, is seeking permission to deepen the Jwaneng mine to 830 meters.

April 5, 2018

Zimbabwe wants mining companies to list on local exchange

Move aims at boosting investment and local ownership of the country's vast mineral resources.

April 3, 2018

Murray & Roberts scores $313 million worth of new mining projects

South African engineering and construction group, currently subject of a takeover bid from Germany’s ATON, said projects were located in sub-Saharan Africa, North America and Australasia.