August 13, 2024

Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer

Botswana's economy has been hit by a drop in demand for diamonds.

August 12, 2024

Lucara sales offer glimmer of hope to struggling diamond sector

Lucara's Karowe mine in Botswana generated $41.3 million in revenue, a 7% increase from the same period last year.

August 7, 2024

Gem Diamonds digs up 145 carat diamond in Lesotho

The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine.

August 6, 2024

Petra defers another diamond tender amid weak demand

Petra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.

August 5, 2024

VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes office

The sector employs nearly half a million people and contributes about 7% to the country's GDP.

August 2, 2024

Winsome buys more time to assess Renard deal

Winsome plans to repurpose the existing infrastructure for lithium processing to handle ore from its nearby Adina project.

August 1, 2024

Diamond sales at Debswana fall 49.2% as market downturn continues

In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year.

July 29, 2024

Lucapa recovers 176-carat diamond at Lulo mine in Angola

The diamond is the 45th +100 carat stone to be recovered from Lulo and the eighth largest since alluvial operations began in 2015.

July 26, 2024

Gemfields auction revenue down amid market softening

Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier.

July 25, 2024

Anglo American takes fresh $1.6bn writedown on UK fertilizer mine

Charge weighed on the miner’s swinging to a loss and it comes amid a company overhaul that involves shedding four of its units.