Petra Diamonds reports tailings dam burst at Williamson mine in Tanzania
PETRA Diamonds has suspended production from the Williamson mine in Tanzania after a tailings facility wall burst, the company said.
The eastern wall of the...
Diamond negotiations with De Beers “hugely distracting” to Botswana government
LUCARA Diamonds wanted a quick resolution to diamond sales contract negotiations between Botswana and De Beers as their two-year discussions were "hugely distracting" to...
GEM lowers diamond output and sales for 2022 following continued interruptions...
GEM Diamonds, the UK-listed miner, lowered full year diamond production and sales from its Letšeng mine in Lesotho following interruptions in October.
Production was now...
Cook steps into De Beers as questions are being asked about...
AL Cook replaces Bruce Cleaver as CEO of De Beers at an uncertain time in the diamond industry. While prices are high and some diamond...
Petra sticks to its guns saying diamond boom intact despite global...
PETRA Diamonds CEO Richard Duffy is maintaining his optimistic outlook on diamond market conditions despite the current macro-economic turmoil caused by the war in...
Gemfields says “basic operations” resume following evacuation of Montepuez ruby mine
GEMFIELDS said "basic operations" had resumed at its Montepuez ruby mine in Mozambique which had been evacuated last week following an attack on a...
Gemfields evacuates Montepuez ruby mine as insurgency flares up at neighbour
MINING had stopped at Gemfields' 75%-owned Montepuez mine in Mozambique following an attack on a neighbouring property thought to be perpetrated by insurgents.
The ruby...
RioZim to buy Namibia diamond mine as part of international expansion
RIOZIM has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa, said Bloomberg News.
"The group has been trying...
Cleaver calls time on De Beers executive role as group unveils...
BRUCE Cleaver, CEO of De Beers, is to step down from the diamond group in 2023 and will be replaced by Al Cook, an...
De Beers’ eighth cycle rough diamond sales fall to $500m as...
ROUGH diamond sales declined to $500m in De Beers' eight cycle compared to seventh cycle sales of $638m - a downturn the group said...