Diamonds

Russia’s Alrosa discovers 22 new diamond deposits in Zimbabwe, says Mnangagwa

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ALROSA, Russia's diamond mining firm, has discovered 22 new diamond deposits in Zimbabwe, said Bloomberg News citing the comments of the southern African country's president,...

De Beers $35m May sales highlights extent of pain in the...

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DE Beers sold $35m worth of rough diamonds in a sales cycle held in May, according to a report by Bloomberg News which cited...

Rockwell says Wouterspan mine economic

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Rockwell Diamonds said a preliminary study of its Wouterspan mine which it is hoping to take out of mothballs was economic and would cost $45m to build.

De Beers addresses staff on restructuring as Covid-19 accelerates modernisation push

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PLANS to restructure De Beers are afoot with the diamond producer's CEO, Bruce Cleaver due to address employees today regarding the proposals. "Bruce and team are...

Rockwell speeds up projects

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Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.

Petra secures $78m in new loans

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Petra Diamonds will use new debt facilities to finance expansion of the Williamson mine in Tanzania and the Cullinan mine in SA.

DBCM’s Barton tips diamonds to lead recovery

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De Beers Consolidated Mines CEO, Phillip Barton, has tipped diamonds to be the first mining product to recover following a slump in prices.

Rio Tinto reviews its diamond business

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Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests.

Botswana on track to sign new diamond sales deal with De...

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A NEW diamond sales agreement between De Beers and the Botswana government would be concluded after the southern African country completed national elections next...

Desperately seeking the suitor after Gem’s Ghaghoo diamond mine

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This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error. Puzzling questions...