June 13, 2023

Positive drill results in hunt for more kimberlites at Gahcho Kué

Mountain Province has reported positive drilling results at several targets.

June 7, 2023

Petra Diamonds flags revenue hit as it defers sale to August

It said the move followed “a temporary slowdown” in the rough diamonds market caused by elevated inventory in the mid-stream sector.

June 2, 2023

Gemfields hits three records in latest emerald auction

The coloured gems miner as achieved record revenue of $43.7 million in its latest emerald auction, held in the second half of May.

June 1, 2023

Namibia says will not grab stakes in existing resource firms

The ministry, however, did not rule out the government taking minority stakes when granting licences.

June 1, 2023

Zimbabwe aims to double power output by 2025 to meet mining demand

The southern African country is reeling from power cuts of up to 12 hours daily.

May 31, 2023

Petra Diamonds sells half its stake in Williamson mine

Buyer is Tanzania-based technical services contractor Taifa Mining, which will pay $15 million to become Williamson's co-owner.

May 30, 2023

Botswana says it is still keen on De Beers partnership, confident of new deal

President Mokgweetsi Masisi threats to walk away from the negotiations if Botswana fails to secure a bigger share of rough diamonds produced by Debswana.

May 29, 2023

Namibia considers taking stakes in mining and petroleum companies

Namibia is one of Africa’s biggest producers of diamonds and largest of uranium.

May 25, 2023

Botswana president insists on bigger share of diamonds from De Beers venture

The country will not back down on demands for a bigger share of rough diamonds from JV with the company, Mokgweetsi Masisi said.

May 22, 2023

Dubai Diamond Exchange, Sotheby’s unveil world’s largest ruby

The Estrela de FURA – a 55.22 carat stone – is expected to fetch in excess of $30 million.