Login
Get Daily News

Category: Mining

Rough diamond from Petra Diamonds image

Petra Cuts Jobs, Rough-Price Expectations as Market Remains Weak

Like-for-like figures down 7% from previous tender across most size categories.
Trucks hauling at Burgundy's Ekati diamond mine image

Burgundy Reports Increased Demand for Mid and Large Rough Categories 

Company garners $93 million from two sales in October and December.
Lucara's Karowe mine image

Lucara Bullish on 2025 Revenue and Production Forecast 

Miner expects between $195 million and $225 million for upcoming year.
Letšeng mine image

Gem Diamonds Issues Reserved 2025 Production Outlook

Output impacted by move to lower-grade ore at Letšeng mine.
Catoca rough diamond image

Angola Replaces Alrosa with Oman in Diamond-Mining Operations 

Maaden International Investment Fund will take over Russia’s 41% stake in Catoca, as well as its interest in Leule.
Rough-diamond sorting image

Gokhran Bails Out Alrosa with Purchase of Diamond Parcel 

Miner will deliver the batch, which includes gem-quality rough in various colors and sizes, by end of year.
Aerial view of the Merlin mine Australia

Lucapa Looks to Form Partnerships to Help Fund $16M Merlin Project 

Two-phase operation set to yield up to 314,000 carats and revenue of $159.8 million.
Colored gemstones from Bangkok image

Gemfields Emerald Auction ‘Disappoints’ Amid Competition, Slow Demand 

Higher-quality goods performed very well, while the miner held back other items.

De Beers Hopes to Seal Botswana Deal in ‘Days and Weeks’

CEO Al Cook holds first formal meeting with new president, Duma Boko.
Image of Lucara's Karowe diamond mine

Lucara Cuts Revenue Guidance Amid Lack of Large Stones

Company now expects between $160 million and $180 million, compared to original $220 million to $250 million.

Featured