Petra Sales Fall Amid Slow Market Recovery January 16, 2024 Revenue slipped 9% year on year in first fiscal half. Mining
Rio Tinto Output Dwindles as Mine Segments Close January 16, 2024 Rough-diamond production down 50% year on year in fourth quarter. Mining
De Beers Cuts Rough Prices by Average of 10% to 15% January 15, 2024 Reductions don’t go far enough, sightholders say. Rough
Burgundy Eyes Ekati Expansion January 15, 2024 Project will see company move underground at several pits and attempt underwater mining. Mining
Letšeng Yields 295ct. Rough for Gem Diamonds January 11, 2024 Diamond found in Lesotho mine is first over 100 carats this year. Mining
Lucara Digs Up 166ct. Rough from Karowe January 11, 2024 Type IIa diamond was found at mine’s high-value M/PK(S) unit in the south lobe. Mining
Debswana Gets Approval for $1B Jwaneng Expansion Phase January 10, 2024 Current stage will help facilitate kimberlite sampling and develop infrastructure for underground project. Mining
Bruce Cleaver Steps Down from De Beers Boards January 8, 2024 Former CEO will stay on in advisory capacity after helping miner with transition phase. Mining
Sales Strengthen at Canada’s Ekati Diamond Mine December 21, 2023 Revenue up 40% year on year in fourth quarter to date, says owner Burgundy. Mining