Petra defers another diamond tender amid weak demandPetra is holding on to the diamonds from its South African operations, but will sell those from its Williamson mine in Tanzania as planned.Cecilia Jamasmie | August 6, 2024 | 3:43 am
VIDEO: Cautious optimism in the mining sector as South Africa’s new government takes officeThe sector employs nearly half a million people and contributes…Staff Writer | August 5, 2024 | 10:36 am
Diamond sales at Debswana fall 49.2% as market downturn continuesIn the first half of the year, Debswana sold diamonds…Reuters | August 1, 2024 | 6:43 am
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. Reuters | May 30, 2024 | 7:04 am
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. Reuters | May 29, 2024 | 9:28 am
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. Reuters | May 29, 2024 | 6:35 am
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. Staff Writer | May 29, 2024 | 5:19 am
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. Cecilia Jamasmie | May 29, 2024 | 4:05 am
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. Bloomberg News | May 28, 2024 | 10:32 am
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. Staff Writer | May 28, 2024 | 10:10 am
JPMorgan says BHP plan risks $4.3 billion South Africa outflow Such an outflow, if a deal goes ahead, could weaken the rand. Bloomberg News | May 27, 2024 | 7:05 am
BlackRock encouraged Anglo to extend talks with BHP Anglo American was encouraged by key shareholders to continue engaging in talks with BHP over its proposed $49.18 billion mining merger. Reuters | May 25, 2024 | 12:37 pm