mines

Lucara's on-off deal for HB Antwerp to sell its specials from the Karowe mine, Botswana, is back on again. The Canadian miner yesterday (18 February) announced details of a 10-year deal that is very similar...

Gemfields Group Limited, a leading player in the colored gemstone sector, has initiated a series of cost-cutting measures to address pressing challenges affecting its operations and revenues. The company reported that recent emerald and ruby...

Rio Tinto has installed Canada's largest off-grid solar power plant at its Diavik diamond mine on the edge of Arctic Circle. It will provide up to a quarter of the electricity needed for production until...

Australian mining company Newfield Resources is set to bring in a new partner to manage operations at its Tongo diamond deposit in Sierra Leone. The company has signed a non-binding term sheet with fellow...

A huge 391.45-carat Type IIa diamond has been recovered at the Meya Mine, in Sierra Leone. Mining bosses are delighted with the stone, the second biggest in the deposit's history. But were disappointed to discover it...

De Beers reported a 15 per cent drop in its global diamond production in Q2, as demand remained weak for yet another quarter. The H1 figure (16.5m carats) is down 19 per cent on the...

Stargems has acquired Petra's mothballed Koffiefontein mine, in South Africa, for a "nominal cash consideration". The loss-making deposit, which Petra bought from De Beers in 2007, has been on care and maintenance since November 2022. Petra...

Lucapa says it has resumed its search for the kimberlite sources of diamonds currently being recovered at its Lulo mine, in Angola. The Australian miner says the exploration program is in full flow again after...