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

Anglo starts formal divestment of coal, nickel after rebuffing BHP, CEO says

It is said that Anglo's five operating coal mines, development projects and joint ventures in Australia have sparked "more interest" over the past weeks.

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 30, 2024

Billions in African gold smuggled to UAE each year — report

Illicit gold trade amounts to $23.7 billion-$35 billion annually based on current market prices, a report by SwissAid shows.

May 30, 2024

Endeavour Mining begins commissioning Lafigue gold mine

First gold pour from the mine in Côte d’Ivoire is expected in late June, which is a quarter ahead of schedule.

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

Mining M&A slips as firms lawyer-up to fight regulators

The value of deals in the industry declined 12.5% to $74.2 billion this year.

May 29, 2024

Endeavour Mining invests in Côte d’Ivoire exploration projects

Endeavour has taken up a 12.39% equity stake in private explorer Koulou Gold.

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.