June 3, 2024 Russia proposes raising extraction tax rates on diamonds, gold, iron ore The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023.
May 31, 2024 Botswana’s Debswana diamond sales fall 48% in first quarter In the first quarter, Debswana sold diamonds worth $560.9 million, from $1.085 billion registered in the same period last year.
May 30, 2024 How a rattled South Africa became Anglo’s best defence against BHP bid More than 20% of Anglo shares are held by South African investors.
May 29, 2024 Botswana flags synthetic gem threat ahead of $6 billion diamond project launch The natural diamond market has struggled in the past two years due to rising consumer demand for cheaper lab-grown diamonds.
May 29, 2024 Botswana wants quick separation of De Beers from Anglo The world's top diamond producer by value is finalizing a new ten-year gem sales deal agreed last June with De Beers.
May 29, 2024 Gem Diamonds finds sixth 100+ carat stone in 2024 The 212.9 carat Type II white stone was found at Letšeng mine, one of the world’s ten largest diamond operations by revenue.
May 29, 2024 BHP walks away from proposed $49bn takeover of Anglo American Less than an hour before the 5 p.m. UK cut off, BHP confirmed it had failed to secure Anglo’s board backing and would not proceed with the takeover.
May 28, 2024 BHP and Anglo remain split on South Africa as time runs out BHP has until 5 p.m. London on Wednesday to commit to an offer.
May 28, 2024 Lucapa recovers 195-carat diamond from Lulo mine The diamond is the sixth largest and the 44th +100 carat stone to be recovered from the Lulo mine in Angola.
May 27, 2024 JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand.
Codelco, SQM seal lithium venture in Chile’s Atacama desert NovaAndino Litio, the venture, will control all lithium exploration, production and sales in the Atacama salar until 2060. December 27, 2025 | 09:38 am