Diamond producer Petra Diamonds has announced the results of Tender 3 of its 2023 financial year, at which 305 366 ct were sold for $42.3-million. The results of Tender 3 bring revenue for the current financial year to date from rough diamond sales to $206.4-million, with no exceptional diamond sales, compared with $264.7-million

The world changing at a rapid rate has resulted in profound disruptions to the business of Anglo American, CEO Duncan Wanblad told analysts and investors on Friday. Speaking during an update presentation covered by Mining Weekly, Wanblad said the London- and Johannesburg-listed diversified mining and marketing company was seeing many

TSX-V-listed Diamcor Mining has achieved a 121% quarter-on-quarter increase in total carats sold to more than 8 300 ct, for revenues exceeding $2-million, in the third quarter. This, says CEO Dean Taylor, demonstrates the company’s ability to generate significant revenues without the added benefit of any significant larger high-value rough diamonds.

A threatening letter, a derailed train, blocked roads, burned vehicles, workers locked up. That’s what some of the world’s biggest mining companies say they’re battling in South Africa: Extortion. Covid plunged Africa’s most-industrialized country – home to the biggest deposits of metals ranging from platinum to chrome and manganese – into the

Aim-listed Botswana Diamonds (BOD) believes there are big opportunities for diamond exploration and development in South Africa and the company is focusing on what it considers the best opportunities available to the company. The company on December 8 reported its results for the financial year ended June 30, 2022, highlighting

Diamond miner Lucapa Diamond Company has announced significant recoveries from a bulk sample from its Lulo kimberlite operation, in Angola. The company said that some 20 diamonds had been recovered from the initial processing of around 20% of the kimberlite bulk sample, with five diamonds greater than 1 ct recovered,