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Diamonds

rough diamonds
Diamcor reports narrowed losses
1st August 2023 By: Darren Parker

Junior mining and exploration company Diamcor has narrowed its net loss for the financial year ended March 31, to $762 308, compared with a loss of about $2.4-million for the 2022 financial year.... 


De Beers Group CFO Sarah Kuijlaars.
Strong half-year De Beers production in tough macro environment
28th July 2023 By: Martin Creamer

The De Beers Group faced off tricky macro-economic conditions to record first-half earnings before interest, taxes, depreciation and amortisation (Ebitda) of $0.3-billion, with the diamond... 


Two men standing waist deep in murky brown water panning for gold in the South Sudan mining sector
Seeking partnerships in South Sudan
28th July 2023

South African State-owned mining company African Exploration Mining and Finance Corporation (AEMFC) is actively searching for partnerships with South Sudanese mining companies, according to an... 


New research could spark future diamond discoveries
26th July 2023 By: Tasneem Bulbulia

An international team of scientists led by the University of Southampton has discovered that the breakup of tectonic plates is the main driving force behind the generation and eruption of... 


Anglo American Platinum CEO Natascha Viljoen.
Challenge of producing green hydrogen economically has been met – Natascha Viljoen
26th July 2023 By: Martin Creamer

The challenge of producing green hydrogen economically is now done and dusted. “That box has been ticked,” Anglo American Platinum CEO Natascha Viljoen assured Mining Weekly in a Zoom interview.... 


rough diamonds
De Beers' sixth cycle rough diamond sales show $228m y/y drop-off
26th July 2023 By: Darren Parker

The value of rough diamond sales from global sightholder sales and auctions for diamond miner De Beers’ sixth sales cycle of this year reached a provisional figure of $410-million, down $46-million... 


Venetia mine's underground project
De Beers delivers first production from Venetia underground
25th July 2023 By: Marleny Arnoldi

Diversified miner Anglo American’s diamond mining subsidiary De Beers Group has delivered first production from the underground operations at the Venetia mine, in Limpopo, which it built at a cost... 


Anglo’s second-quarter production up 11%
20th July 2023 By: Martin Creamer

Diversified mining company Anglo American lifted second-quarter production by 11% compared with the second quarter in 2022, reflecting the ramp-up of its new Quellaveco copper mine in Peru, which... 


The Venetia underground mine
De Beers maintains full-year guidance, despite lower second-quarter output
20th July 2023 By: Creamer Media Reporter

Global miner De Beers' rough diamond production decreased by 5% year-on-year to 7.6-million carats in the second quarter as a result of the planned reduction in South Africa while the Venetia... 


Lucapa reports strong second-quarter performance
19th July 2023 By: Creamer Media Reporter

ASX-listed Lucapa Diamond Company has reported a strong second-quarter performance, with a record volume of material mined and treated at its Lulo mine, in Angola and its Mothae mine, in Lesotho.... 


Diamcor adds large excavator to its equipment fleet at Krone-Endora
18th July 2023 By: Creamer Media Reporter

TSX-V-listed Diamcor Mining, which owns and operates the Krone-Endora at Venetia diamond mine, in South Africa's Limpopo province, has acquired additional heavy equipment for use at the mine. The... 


Cullinan mine
Petra remains confident of one-million-carat increase in production in 2025
18th July 2023 By: Darren Parker

With an operational turnaround under way at diamond miner Petra Diamond’s Finsch mine, in South Africa; the restart of its Williamson mine, in Tanzania, running ahead of schedule; and the company’s... 


Market for smaller diamonds resilient, says Canadian miner
Market for smaller diamonds resilient, says Canadian miner
18th July 2023 By: Mariaan Webb

Canadian diamond miner Mountain Province continues to hold a positive demand outlook for smaller goods, despite the softening of the broader rough diamond market in the second quarter of the year.... 


The Karowe expansion project is facing a schedule delay.
Lucara’s Botswana underground expansion faces delay, cost increase
17th July 2023 By: Mariaan Webb

Canada-based Lucara Diamond Corp has pushed out the completion date for its underground expansion project (UGP) at the Karowe mine, in Botswana, by a year-and-a-half and increased its capital cost... 


De Beers deal is boon for Botswana’s economy, President says
14th July 2023 By: Bloomberg

A new deal Botswana signed this month with De Beers that will give it access to more diamonds mined within the country will be a major boost for the economy, President Mokgweetsi Masisi said in an... 


An image of NSDV foreign qualified mining and construction Lawyer Methembeni Moyo and candidate attorney Dominic Varrie
Unlocking investment potential in Zimbabwe
14th July 2023

With the potential to become a global mining superpower, construction and mining focussed law firm NSDV says progress in Zimbabwe’s mining sector is perennially obstructed by economic and political... 


May mining production dragged down by diamonds, PGMs
13th July 2023 By: Marleny Arnoldi

Statistics South Africa (Stats SA) reports that mining production decreased by 0.8% year-on-year in May, with the largest negative contributors having been platinum group metals (PGMs) and... 


Department of Mineral Resources and Energy media relations director Ernest Mulibana
Opinion: Illegal mining is a criminal activity
13th July 2023

In this article, Department of Mineral Resources and Energy media relations director Ernest Mulibana writes about the scourge of illegal mining in South Africa and its impact on the economy. 


Resources Watch
Resources Watch
13th July 2023

This week: De Beers commits billion pula upfront to diamonds-for-development in Botswana; Lawyer says South African regulator not doing enough to promote junior mining; and, water power in... 


Krone-Endora at Venetia diamond mine project
Diamcor completes generator reconfiguration at Krone-Endora
12th July 2023 By: Darren Parker

Canadian diamond mining company Diamcor Mining has completed the reconfiguration of the existing generator systems at its Krone-Endora at Venetia diamond mine project, in Limpopo, South Africa.... 


Lucapa hunting for new leadership
10th July 2023 By: Esmarie Iannucci

Diamond miner Lucapa Diamond Company on Monday announced the resignation of its MD and CEO Stephen Wetherall, at the end of the month. The company told shareholders that executive director of... 


Martin Creamer
Cennergi, high pressure water tech, Venetia make headlines
7th July 2023

Mining Weekly Editor Martin Creamer discusses Cennergi’s power purchase agreement which will see it supply renewable energy to Exxaro’s flagship mine; the proudly South African High Pressure Water... 


Hydro Power Equipment (HPE) director Ulrich Kienle.
Water power in underground mining has gone mainstream, says HPE
6th July 2023 By: Martin Creamer

The long-standing use of water to cool underground mines is increasingly providing the opportunity to apply the free water pressure head that this offers to energise mining equipment. High-pressure... 


180 ct diamond recovered at Lulo
6th July 2023 By: Esmarie Iannucci

A 180 ct white diamond has been recovered from the Lulo alluvial mine, in Angola. ASX-listed Lucapa Diamond Company on Thursday reported that the diamond, which weighs 180.87 ct is classified as a... 


Kazera making strides at operational, corporate level
5th July 2023 By: Tasneem Bulbulia

Aim-listed Kazera Global continues to make progress at both a corporate and operational level, and of particular importance is the increased cooperation and positive relationship between Kazera’s... 


An image showing South African Diamond Producers Organisation CEO and Pioneer Tender House director Yamkela Makupula
Protea Pink diamond sells for $271 307/ct
5th July 2023 By: Tasneem Bulbulia

Johannesburg-based Pioneer Tender House says the 29.52 ct Protea Pink diamond was sold on tender for a record $271 307/ct. This is the highest sale price for any diamond sold by Pioneer to date.   


Resources Watch
Resources Watch
5th July 2023

This week: Venetia mine rapidly becoming a flagship in advancing De Beers’ climate ambition; Private sector working with government on multiple work streams to end loadshedding; and, Capital cost... 


Malan Scholes Attorneys director and mining lawyer Hulme Scholes.
South African regulator not doing enough to promote junior mining – mining lawyer
4th July 2023 By: Martin Creamer

The major theme of the recent Junior Indaba was the concern that the South African regulator is not doing enough to promote junior mining in South Africa. Government’s role should be to cut red... 


Lulo diamonds
Lucapa debt free as of July 4
4th July 2023 By: Darren Parker

ASX-listed Lucapa Diamond Company has fully repaid all interest-bearing loans that it had borrowed from gold exploration and mining company Equigold and the Industrial Development Corporation of... 


Sheila Khama
Opinion: Project We Want More offers more questions than answers
4th July 2023

In this opinion article, policy adviser and former CEO of De Beers Botswana Sheila Khama writes about the implications of the heads of agreement signed by the Botswana government and diamond miner... 


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pqt: 0.046s - ct: 0.111s - 110pq - 2rq
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