Diamond company Petra is exploring a responsible exit from its investment in the Koffiefontein diamond mining operations. The exit would be carried out together with its black economic empowerment partners Kago Diamonds and its Itumelang employee trust, the London Stock Exchange-listed company stated in a release on Tuesday.

An evaluation carried out by Botswana Diamonds has firmed up the possibility of a diamond mine being developed at the company’s Thorny River property in South Africa’s Limpopo province. The analysis indicates potential opencast options, the London-Aim and Botswana Stock Exchange-listed company said on Monday.

Diamonds multinational De Beers Group is investing $2-million in Kelp Blue, a start-up focused on growing and managing large-scale giant kelp forests, initially off the Namibian coast. These underwater forests have the potential to safely and permanently lock away vast amounts of carbon dioxide in the ocean.

Mining services provider United Mining Services (UMS) Group is involved in a twin shaft sinking, equipping and infrastructure project for the Karowe diamond mine in Botswana. Owned by Lucara Diamond Corp, Karowe mine is one of the world’s leading producers of large, high-quality Type IIA diamonds. The company has been

LSE-listed diamond producer Gem Diamonds sold 28 461 ct of diamonds during the quarter ended March 31, up from 24 790 ct sold in the quarter ended December 31. It generated revenue of $52.1-million for the quarter, compared with the $50-million generated in the prior quarter, with the average price

Shaft pre-sinking at Canadian-headquartered diamond mining company Lucara’s Karowe mine, in Botswana, was completed at the end of February. “Each shaft is approximately -52 m below collar. The final depth for the ventilation shaft is -730 m below surface, and -767 m below surface for the production shaft,” says Lucara