De Beers hikes 2022 guidance, citing ‘robust’ US demand
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
The miner expects to produce 32m-34m carats, from 30m-33m carats thanks to what it calls “robust demand” from US customers.
Africa-focused Gemfields (LSE: GEM; JSE: GML) warned on Wednesday that insurgents attacks are edging closer to its ruby mine in Mozambique’s northern Cabo Delgado province but said operations had not been…
South Africa’s Petra Diamonds (LSE: PDL) said Thursday it fetched US$93 million in its last sale of fiscal year 2022, as prices for its diamonds climbed 7.7% from the previous…
Shares of Star Diamond (TSX: DIAM) fell by more than 50% on June 29, after the company announced that Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) had exercised its…
The USGS has deployed its scientific capabilities and high-tech tools in the global fight against illegal mining. The organization’s scientists are playing a leading role in a project involving a…
De Beers, the world’s top diamond producer by value, saw improved sales in its latest auction, despite moving into the summer, which are generally considered a weaker period for roughs…
The planned closure of three producing diamond mines in the Northwest Territories in the next few years will open a gap in the territorial economy, but the N.W.T.’s industry minister…
Mountain Province Diamonds (TSX: MPVD; OTC: MPVD) has released interim exploration results for its 100%-held Kennady North project in the Northwest Territories, consisting of over 1,070 sq. km of claims…
Russia’s war on Ukraine is dividing the global order along fault lines, and Africa risks being caught in the middle, the Investing in Africa Mining Indaba heard this week. Veracity…
SRK Consulting has built deep experience working in the African mining sector and has developed a firm grasp of where potential opportunities are and some of the critical challenges preventing…
The Mining Association of Canada’s (MAC) Community of Interest Advisory Panel has selected the Gahcho Kué mine, owned as a joint venture between De Beers Group and Mountain Province Diamonds (TSX: MPVD;…
When Rio Tinto’s Diavik diamond mine closes in 2025, it’s going to put a major dent in the finances of the Northwest Territories. The mine, now 100% owned by Rio…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.