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    <copyright>2026 IDEX Online</copyright>
    <pubDate>Fri, 12 Jun 2026 13:49:13 GMT</pubDate>
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      <title>Business Rescue Plan for Finsch Mine</title>
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      <description>Petra Diamonds says business rescue practitioners (BRPs) will now see if they can find a way to save the Finsch mine, in South Africa.    They've taken custodianship of the beleaguered mine and will draw up a revised business plan that must be approved ...</description>
      <pubDate>Thu, 11 Jun 2026 15:00:00 GMT</pubDate>
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      <title>De Beers: Botswana Seeks Gulf Help to Buy Reduced Stake</title>
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      <description>Botswana is reportedly seeking financial help from UAE and Oman to buy a reduced stake in De Beers.    It had been aiming for overall control of the loss-making miner, but has scaled back its ambitions amid the worst downturn in the diamond industry's...</description>
      <pubDate>Mon, 8 Jun 2026 05:00:00 GMT</pubDate>
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      <title>Petra Suspends Operations at Finsch</title>
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      <description>Petra has suspended operations at its Finsch mine, in South Africa, blaming "an unprecedentedly weak diamond market" compounded by tensions in the Middle East and a strong rand.    The loss-making UK-based miner said there had been "a structural shift ...</description>
      <pubDate>Thu, 4 Jun 2026 03:00:00 GMT</pubDate>
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      <title>Lesotho's Biggest Diamond Mine Halts Operations</title>
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      <description>The Kao diamond mine, in Lesotho, is to halt operations at the end of this month.    Loss-making operators Storm Mountain blames a slump in sales, together with a crippling rise in fuel prices as a result of conflict in the Middle East.    It also said growing...</description>
      <pubDate>Wed, 3 Jun 2026 08:00:00 GMT</pubDate>
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      <title>High-Value Stones Boost Gem Diamonds' Revenue</title>
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      <description>Gem Diamonds reported higher revenue for Q1 2026, driven by large, highâ€‘value recoveries, even though the total volume of rough sold was lower than usual.    The company reported total revenue of $32.1 million for the quarter, which includes an exceptional parcel...</description>
      <pubDate>Thu, 21 May 2026 05:00:00 GMT</pubDate>
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      <title>Governments of Botswana, Angola Join WFDB</title>
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      <description>The governments of Botswana and Angola have become affiliated members of the World Federation of Diamond Bourses (WFDB) in a move that signals closer ties between producer countries and the trading community.    The announcement was made yesterday...</description>
      <pubDate>Tue, 19 May 2026 10:00:00 GMT</pubDate>
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      <title>Production Halted at Murowa Diamond Mine</title>
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      <description>Production at the Murowa diamond mine, in Zimbabwe, has reportedly been suspended, as owners RioZim struggle to pay workers and creditors.    The situation is "deeply worrying", according to Fred Moyo, the country's deputy minister of mines and ....</description>
      <pubDate>Tue, 19 May 2026 05:00:00 GMT</pubDate>
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      <title>KP Must Meet Minimum Expectations, says Civil Society</title>
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      <description>The Kimberley Process must "think beyond superficial marketing adjustments" and meet its minimum expectations, the civil society observer body said in a hard-hitting assessment ahead of last week's KP intersessional meeting in Mumbai.    The Kimberley ...</description>
      <pubDate>Tue, 19 May 2026 05:00:00 GMT</pubDate>
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      <title>Ekati Mine Owners' Debts Total $281m</title>
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      <description>Owners of the Ekati diamond mine, in Canada, have debts totaling more than CAD 380 million (USD 281 million), according to a creditor list of more than 200 names published as part of its insolvency proceedings.    The biggest single debt is...</description>
      <pubDate>Thu, 7 May 2026 14:00:00 GMT</pubDate>
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      <title>Alrosa Could Start Work on New Mir Mine</title>
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      <description>Alrosa says it could start work next year on Mir-Deep, as a successor to the ill-fate Mir, which closed after the 2017 flooding disaster that claimed eight lives.    The Russian miner said it was ready to bring forward implementation of the construction phase ...</description>
      <pubDate>Tue, 5 May 2026 11:00:00 GMT</pubDate>
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