November 1, 2022

Debswana posts 37.5% jump in 9-month diamond sales

However, De Beers sees the risk of the market slowing down in the coming months due to a deterioration in global economic conditions.

October 27, 2022

Higher-grade ore boosts De Beers diamond output

Production of rough diamonds climbed 4% to 9.6 million carats in the third quarter of the year, compared to the same period of 2021.

October 27, 2022

Anglo American Q3 production flat as copper’s drop offsets upbeat coal output

Anglo American's quarterly output grew 16% from the previous three months led by the robust coal and diamond operations.

October 21, 2022

De Beers to offer sweeter terms as diamond market shows strain

De Beers has told customers in a memo that it would be doubling the size of its so-called buyback process.

October 21, 2022

Rare pink diamond of 170 carats to go on sale this month

The 170-carat “Lulo Rose” may be the largest recovered in the last three centuries, Lucapa Diamond said in July.

October 21, 2022

South Africa’s Treasury to trim budget deficits further on mining royalties

Barclays' economist Michael Kafe said revenues were on track to exceed budgeted estimates and part of the windfall would be allocated to the public wage bill.

October 10, 2022

Zimbabwe miners unfazed by new royalties proposal

Mineral royalties accounted for 2.8% of Zimbabwe's tax revenue in 2021, Zimbabwe Revenue Authority data shows.

October 10, 2022

RioZim buys Namibian diamond mine to expand in Africa

RioZim is also planning further investments in base and precious metals in Zimbabwe.

October 10, 2022

De Beers names Equinor’s Al Cook as new CEO

Cook joins at the start of 2023 from Europe's top gas supplier, where he held an executive vice-president position.

October 9, 2022

When art meets mining

A photographer explores the relationship between humans and the natural environment by capturing some of South Africa’s most famous mines.