Category: Mining

Vast Resources Tender Brings In $1.1M from 15-Year-Old Diamond Parcel

The company sold 98% of the package the Zimbabwe government seized in 2010 and released in April.

Star Diamond Hires New Leadership Team

Miner appoints Wayne Malouf as chairman and Lester Kemp as interim CEO.

BHP Abandons Latest Effort to Buy Anglo American

Move comes ahead of vote on De Beers owner’s merger with Teck Resources.

Namibia Seeks Minority Share of De Beers – Report

Cabinet provisionally approves joining Angola and Botswana in acquisition, according to local media.

Lucara Sales Improve as HB Buys More Large Diamonds

Third-quarter revenue up 15% year on year amid growth in average price.

Mountain Province CEO Resigns, Loss Widens

Miner cites weak sales and depreciation of Canadian dollar as deficit almost triples.

Mountain Province Sees Drop in Sales and Production

Declines reflect market challenges and maintenance work at Gahcho Kué mine.

Alrosa Sales Slip Amid Sanctions Pressure

Sale of Angola assets boosts net profit.

Angola Diamond Production Grows Beyond Expectations

Catoca mine exceeds target by more than 40%.

Burgundy Output, Sales Volume Tank Amid Pit Closure

Production down 51% year on year in third quarter.

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