Category: Mining

Debswana Gets Approval for $1B Jwaneng Expansion Phase

Current stage will help facilitate kimberlite sampling and develop infrastructure for underground project.

Former CEO will stay on in advisory capacity after helping miner with transition phase.

Revenue up 40% year on year in fourth quarter to date, says owner Burgundy.

Revenue 51% higher than in previous cycle.

Koffiefontein deposit in South Africa has been on care and maintenance since November 2022.

Criminal case opens following incident at Udachny underground deposit, Russia’s Interfax says.

Miner sold 609 carats of rough at Sodiam tender in Angola.

No changes to 2024 production plan despite weak demand.

Initial December sales results show 20% increase on like-for-like basis.

Result is highest per-carat figure in more than two years.

The September issue looks at the spending trends, gemstones, and styles shaping retail shopping this festive season.