Petra Diamonds has projected a fall in diamond production for 2023 as it deals with the closure of the unprofitable Koffiefontein mine in South Africa and the process of reopening the Williamson mine in Tanzania, IDEX Online reports.   In addition to the challenges faced with mine closures, Petra also

Australia-based Burgundy will complete the purchase of Ekati, Canada’s first diamond mine, by June 30, according to IDEX Online. The seller, Arctic Canadian Diamond Company, bought the mine in February 2021 after Dominion Diamonds filed for insolvency.  Burgundy is also reviving the Ellendale mine in Western Australia.   According to

Russian mining giant Alrosa is set to commence the restoration of the Mir mine in 2023, as confirmed by Aisen Nikolaev, the head of Yakutia, during a meeting with President Vladimir Putin, Rough & Polished reports.   Nikolaev said: “We have been designing a new mine over the years, it

According to a government official quoted by Rough & Polished, Botswana remains optimistic about establishing a new diamond sales agreement with De Beers and believes that the ongoing negotiations will yield successful results. The current agreement between Botswana and De Beers, which is 85% owned by Anglo American, is set

Rio Tinto, which owns 100% of the Diavik mine in the Northwest Territories of Canada,  has reported lower production in Diavik in the first quarter of the year when compared to Q1 2023 and Q4 2022, Rough & Polished reports.   In Q1 2023, Rio Tinto recovered 954,000 carats from

De Beers’ production of rough diamonds in the first quarter of 2023 remained flat, as the mining giant reported production of 8.9 million during the period – “exactly the same as Q1 last year,” according to IDEX Online.   Production was up almost 10% on Q4 2022 (8.2 million carats),