Rio Tinto offers early termination to Diavik employees to save costsThe diamond mine is slated to close in the first quarter of 2026.Staff Writer | September 24, 2024 | 10:54 am
Petra Diamonds adjusts strategy amid 2024 market challengesThe diamond miner dealt with headwinds in fiscal year 2024…Cecilia Jamasmie | September 24, 2024 | 3:42 am
FATF asks for tighter checks on India’s precious metal dealsThe South Asian nation has about 175,000 businesses in this…Bloomberg News | September 19, 2024 | 8:56 am
Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer Botswana's economy has been hit by a drop in demand for diamonds. Reuters | August 13, 2024 | 8:35 am
Lucara sales offer glimmer of hope to struggling diamond sector Lucara's Karowe mine in Botswana generated $41.3 million in revenue, a 7% increase from the same period last year. Staff Writer | August 12, 2024 | 6:34 am
Gem Diamonds digs up 145 carat diamond in Lesotho The Type II, white diamond is the ninth greater than 100-carat precious stone recovered this year at the Letsěng mine. Staff Writer | August 7, 2024 | 5:24 am
Petra defers another diamond tender amid weak demand Petra 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 office The sector employs nearly half a million people and contributes about 7% to the country's GDP. Staff Writer | August 5, 2024 | 10:36 am
Winsome buys more time to assess Renard deal Winsome plans to repurpose the existing infrastructure for lithium processing to handle ore from its nearby Adina project. Northern Miner Staff | August 2, 2024 | 11:03 am
Diamond sales at Debswana fall 49.2% as market downturn continues In the first half of the year, Debswana sold diamonds worth $1.29 billion compared to $2.54 billion registered in the same period last year. Reuters | August 1, 2024 | 6:43 am
Lucapa recovers 176-carat diamond at Lulo mine in Angola The diamond is the 45th +100 carat stone to be recovered from Lulo and the eighth largest since alluvial operations began in 2015. Staff Writer | July 29, 2024 | 10:59 am
Gemfields auction revenue down amid market softening Revenue from auctions was down 17% to $121 million for the first six months of 2024, from $145 million a year earlier. Staff Writer | July 26, 2024 | 7:46 am