London-listed Petra Diamonds has announced that the scheme conditions effective date has occurred, thereby enabling the start of the implementation of the company’s restructuring. The company expects the restructuring’s effective date to be March 10.

A feasibility study is under way on a mine selected for the testing of Fourth Industrial Revolution (4IR) technologies ahead of their implementation, Minerals Council South Africa senior executive modernisation and safety Sietse van der Woude said on Wednesday. Van der Woude was answering questions after he and PwC South

As conditions in the global diamond market improve, Russian major Alrosa has decided to relaunch the processing plant of its Lomonosov mining and processing division, Severalmaz, on March 1. This is a month earlier than previously planned. The plant is set to process three-million tons of ore in 2021.

Diamond miner Lucapa has recovered a 215 ct diamond from its Mothae mine, in Lesotho. The stone is the largest type IIa D-colour white diamond, and the second of more than 200 ct to be recovered at the 1.1-million tonne a year Mothae plant since commercial diamond mining operations started

Canada-headquartered Lucara Diamond Corp said on Monday that the strong price recovery of the fourth quarter has continued into 2021, and a stable, positive price environment was forecast for the year. Following an incredibly challenging year in 2020, the diamond industry began 2021 with a healthier supply-demand balance than it

De Beers lifted diamond prices at its third consecutive sale as an industrywide recovery from the coronavirus pandemic gathers pace. The world’s biggest diamond producer raised prices by about 4% at its second sale of the year, according to people familiar with the situation who asked not to be identified