Australia’s Lucapa Diamonds expects to be elevated to mid-tier diamond producer status in 2024, when its newly acquired Merlin project, in the Northern Territory, starts producing on a commercial basis. Merlin, which Lucapa expects will be the biggest commercial diamond mine in Australia, will deliver 2.1-million carats over its 14-year

LSE-listed diamond miner Petra Diamonds has executed a nonbinding memorandum of understanding (MoU) to sell 50% (less one share) of the entity that holds Petra’s shareholding in Williamson Diamonds Limited (WDL) to Caspian for $15-million. This is in addition to a pro rata portion of shareholder loans owed by WDL.

TSX-V-listed  Diamond Fields Resources has appointed John McGloin as a director and CEO, effective January 1. Current CEO Sybrand van der Spuy will assume the role of COO responsible for the logistics, supply chains and security of the Company’s projects throughout Africa.

London-listed Petra Diamonds sold 885 236 ct of diamonds for $128.3-million during the third tender of the company’s financial year to June 30, 2022. This compares with the 752 920 ct sold for $98.1-million during the third tender of the 2021 financial year.

Diamond miner De Beers Group has appointed Thembinkosi Moses Madondo MD of De Beers Group Managed Operations, effective January 1. This follows the announcement that Nompumelelo ‘Mpumi’ Zikalala will leave the business to take up the position of CEO of Anglo American’s Kumba Iron Ore business.

Petra Diamonds will grant the government of Tanzania a 16% free carried interest in its subsidiary Williamson Diamonds Limited, CEO Richard Duffy said at a signing ceremony in Dar Es Salaam on Monday. The move, expected to be included in a framework agreement to be signed on Monday, will bring