London-listed Botswana Diamonds (BOD) reports that Okwa Diamonds, its joint venture (JV) with Vast Resources, has conditionally agreed to acquire 100% of the share capital in Gem Diamonds Botswana (GDB) for $4-million in cash and payable in two instalments. The acquisition of GDB is conditional and dependant on relevant regulatory and

The Industrial Development Corporation (IDC) is in discussion on the introduction of a fund to underpin much-needed exploration in South Africa. This was stated by Reginald Demana, the IDC’s head of mining and metals, infrastructure and energy, in a wide-ranging Zoom interview with Mining Weekly. (Also watch attached Creamer Media

A suspected leak of heavy metals from a mine in northern Angola is causing an “unprecedented environmental catastrophe”, affecting some two-million people in Democratic Republic of Congo, researchers at Kinshasa University said on Friday. Analysis of satellite imagery and interviews indicate a reservoir used to store mining pollutants was breached

Aim-listed BlueRock Diamonds has recovered a 14.3 ct diamond from its Kareevlei diamond mine, in Kimberley, South Africa. The discovery follows shortly on the heels of the recovery of 58.6 ct and 21.6 ct diamonds earlier this month, providing further confirmation of the “size frequency distribution forecast” that indicate the

Diamond miner Alrosa has committed about $2.7-million for the construction of houses in the Byas-Kyuel village in the Gorny district of Yakutia, Russia, which has been impacted by forest fires. “Alrosa is working closely with the Yakut government at this difficult time for the region, providing any help it can. We

Russian diamond miner Alrosa is considering converting its fleet of supersize mine trucks and road trains to run on liquefied natural gas (LNG) and diesel, a move that could slash its fuel costs by more than 40%, says deputy COO for vehicle management Ruslan Sizonov. The company will over a