November 1, 2024

Botswana’s new president aims to clinch De Beers diamond sales pact soon

The pact will see the government's share of diamonds from the Debswana joint venture gradually increase to 50% over the next decade.

November 1, 2024

Botswana voters kick out ruling party of nearly six decades

The country is facing economic stagnation linked to a decline in the diamond trade.

October 30, 2024

Botswana’s Debswana diamond sales fall over 50% in first nine months of 2024

Debswana, equally owned by Botswana and Anglo American Plc’s De Beers, sells 75% of its output to De Beers.

October 28, 2024

Diamond-rich Botswana votes with President Masisi seeking second term

Botswana will hold a general election on Wednesday with President Mokgweetsi Masisi competing against three challengers for a second term.

October 24, 2024

Can Anglo’s copper pivot help thwart renewed takeover bid?

Any potential new bid should come when some of the restructuring is expected to completed by June or July next year.

October 24, 2024

Anglo American copper, diamond output down in Q3, 2024 guidance unchanged

Copper will make up 60% of Anglo's business after it sells its Australian steelmaking coal assets and nickel mines in Brazil.

October 22, 2024

Diamond miners’ results spark optimism for market recovery

Lucapa and Petra provided a glimmer of hope for the diamond market with stronger revenues and production figures.

October 18, 2024

How resource ‘classification debt’ chips away at miners’ growth and investor trust

Over the past decade, resource misclassification has saddled the mining industry with a costly problem.

October 18, 2024

Russia’s finance ministry considering new diamond purchases from Alrosa in 2025

The news was reported by Russia's Interfax news agency.

October 16, 2024

De Beers, Signet launch campaign to attract youth to mined diamonds amid lab-grown rise

It targets Zillennials, the microgeneration born between 1993 and 1998, believed to be behind the rise of lab-grown gems.