Diamond Top Stories

Anglo American to receive coal bids in September

The sale process includes the Grosvenor and Moranbah North mines along with three smaller mines in Queensland.

Cecilia Jamasmie | August 20, 2024 | 4:02 am

Karelian Diamond wins land dispute case in Finland

Once developed, Lahtojoki would be the first diamond mine in…

Staff Writer | August 13, 2024 | 10:15 am

Botswana aims to negotiate bigger stake in HB Antwerp diamond dealer

Botswana's economy has been hit by a drop in demand…

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,…

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…

Staff Writer | August 7, 2024 | 5:24 am

Latest Stories

Gemfields picks ex-De Beers boss Bruce Cleaver as new chair

Bruce Cleaver, who was at the helm of De Beers for seven years to 2023, takes the position effective July 1.

Cecilia Jamasmie | June 11, 2024 | 3:53 am

Botswana in talks to raise stake in De Beers

President Mokgweetsi Masisi also said the government will play a central role in selecting a new investor to replace Anglo at De Beers.

Cecilia Jamasmie | June 10, 2024 | 5:43 am

Botswana may raise De Beers stake as Anglo weighs spin-off

The government owns a 15% stake in De Beers and Botswana accounts for 70% of the company's annual rough diamond supply.

Reuters | June 6, 2024 | 7:13 am

Gemfields unveils early gold estimates for Mozambique project

Resource estimate for the Nairoto project suggests the presence of 103,000 ounces of gold averaging over two grams per tonne.

Cecilia Jamasmie | June 6, 2024 | 4:25 am

De Beers aims to rebrand as top jewellery group

De Beers seeks becoming a leading luxury jewellery retailer as it reels from weak market conditions and the failed BHP bid for Anglo American.

Cecilia Jamasmie | June 5, 2024 | 5:26 am

Gem Diamonds finds 172-carat stone at Letšeng

This is the seventh diamond greater than 100 carats the company has recovered this year at the prolific mine in Lesotho.

Staff Writer | June 4, 2024 | 3:51 am

De Beers ditches lab-grown diamonds as it looks beyond Anglo

De Beers will turn its focus on so-called category marketing, where it promotes diamond jewelry in general rather than just its own branded gems.

Bloomberg News | June 3, 2024 | 1:45 pm

Russia proposes raising extraction tax rates on diamonds, gold, iron ore

The proposed tax hikes would be offset by the abolition of export duties linked to the rouble-dollar exchange rate that were introduced in October 2023.

Reuters | June 3, 2024 | 9:57 am

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.

Reuters | May 31, 2024 | 8:36 am

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