February 22, 2023

Rio Tinto halves dividend on 41% annual profit drop

Rio's bottom line was hit by weaker iron ore prices as demand from China slowed, as well as higher labour and material costs.

February 19, 2023

G-7 and EU looking at ways to track and trace Russian diamonds

Previous EU attempts to sanction Russian gems have run into resistance from importer nations such as Belgium.

February 16, 2023

De Beers confident talks will deliver a Botswana diamond deal

The Anglo American unit is in talks with the Botswana government to extend mining rights that expire in 2029.

February 14, 2023

Gemfields evacuates exploration camp in Mozambique after attack

The coloured gems miner has halted operations and vacated its 75%-owned Nairoto Resources exploration camp after an insurgent attack on a nearby village.

February 13, 2023

De Beers diamond deal threatened as Botswana says it’s ready to walk away

Botswana President said his government is prepared to walk away from negotiations if he’s not satisfied with the division of revenues.

February 9, 2023

Botswana warns of dangers in dash for African minerals

Botswana is reviewing its mines and minerals legislation to "tighten up" laws on mine rehabilitation.

February 8, 2023

Fancy colour diamond prices up 3.9% in 2022

Prices for yellow diamonds climbed by 4.6% from the previous year, followed by a 3.9% rise in pinks and 1.8% in blues, the FCRF says.

February 8, 2023

Angola seeks dual listing for diamond miner Endiama, to sell 5-10% stake first

Endiama plans to more than double its diamond production between 2022 and 2027.

February 7, 2023

Anglo CEO warns extreme weather threatens global mine supplies

The mining industry has been struggling to hit production targets, hurt by everything from floods and droughts to creaking infrastructure and political instability.

February 6, 2023

Petra Diamonds open to M&A deals, CEO says

Petra invited merger and acquisition proposals on Monday.