Category: Diamonds

Lucara Diamond Corp Selects Group R for Major Lateral Development Works at Karowe Underground Mine in Botswana Canada-headquartered Lucara Diamond Corporation has awarded the lateral development contract for its Karowe Underground Project (UGP) in Botswana to Group R Mining and Exploration Botswana. The contract covers all underground lateral development linking the production and ventilation shafts to the orebody. This includes construction of the extraction level, underground crushing chamber, fine ore bins, pump stations with vertical

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Petra Diamonds Appoints Permanent Joint CEOs and Strengthens Board Following Annual Meeting London-listed Petra Diamonds has announced a refreshed leadership structure and several board changes following its Annual General Meeting held on November 27. The company confirmed the appointment of Vivek Gadodia and Juan Kemp as permanent joint CEOs, solidifying the roles they have held in an interim capacity since February. Under the new structure, Gadodia will continue to lead Petra’s corporate functions, while Kemp

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Botswana to Acquire Anglo American’s Entire 85% Stake in De Beers, Plans to Share Ownership with Partners President Duma Boko has announced that Botswana intends to purchase Anglo American’s entire 85% shareholding in De Beers Group, a move he says will position the country as a global leader in the diamond industry. Addressing Parliament this afternoon, President Boko explained that Botswana has developed a strong business case for taking full ownership of De Beers. “We

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De Beers Debuts Traceable ORIGIN Diamonds in US and Canadian Stores De Beers Group has launched its new branded polished diamond collection, ORIGIN, in retail stores across North America, marking the first time this provenance-focused range is available directly to consumers. The launch strengthens De Beers’ strategy to enhance confidence in natural diamonds through traceability and digital storytelling, enabled by Tracr, the group’s blockchain platform. Each ORIGIN diamond can be traced from discovery, with provenance

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Elizabeth Bay Mine Faces Uncertain Future as Sperrgebiet Diamond Mining Placed in Provisional Liquidation The Elizabeth Bay Mine in Namibia faces renewed uncertainty after the High Court ordered the provisional winding-up of its operator, Sperrgebiet Diamond Mining (Pty) Ltd, following an application by Lewcor Holdings (Pty) Ltd. Lewcor argued that the company is financially distressed and at risk of dissipating assets, prompting the court to freeze operations and place the mine under judicial oversight. High

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