UK-based Petra bought Koffiefontein from De Beers in 2007, and it has been on care and maintenance since November 2022. The ...

Nelson Mandela was sufficiently worried that the 2007 film ‘Blood Diamond’ would have a negative impact on those African ...

Angola’s State-owned diamond producer said some clients were deterred by its partnership with Russia’s Alrosa PJSC, but ...

Under the terms of the definitive sale agreement, the Founders will acquire 100% ownership of Lucara's interests in Clara ...

Rio Tinto has launched its 2024 ‘Beyond Rare’ tender, the second in its Art Series offering, showcasing 48 lots of ...

Illegal small-scale gold mining, or "galamsey," is devastating Ghana's environment and harming its people. Despite the ...

Thor is pleased to announce the first set of results from an initial drilling programme that targets the down-plunge ...

Manufacturing, mining, motoring, and agriculture, four of South Africa’s key industries, face significant challenges that ...

The total consideration is $3 million on closing and the return of 10 million Lucara common shares initially issued as ...

Petra Diamonds said it expects to close the sale of its Koffiefontein Mine to Stargems Group before the end of October. The London-listed diamond miner said Monday that it expects to avoid incurring ...

In fact, Zimbabwe ranks as the seventh- biggest diamond producer in the world with an output of over 5 million carats worth ...

Africa’s top billionaires have built their wealth through innovation, grit, and bold business moves, transforming their ...