IDEX Online - Rough Market Rough Market
- Debswana Seeks New Opportunities in Copper, Platinum, Solar
on 4 March 2026 at 3:00 pmDebswana's board has approved plans for the company to diversify into copper, platinum and solar energy as the slump in demand for natural diamonds persists. The move follows a 46% drop in revenue for 2024 (the latest available figures) and aligns with...
- Botswana Diamonds Changes Name, Focuses on Copperon 3 March 2026 at 5:00 am
Botswana Diamonds has changed its name to Botswana Minerals, to reflect a switch in focus to copper exploration. The Ireland-based company says AI developed to locate diamond deposits had been applied to copper, with " outstanding" results. It also...
- Historic Mine Shuts, Five Workers Feared Deadon 26 February 2026 at 12:00 am
The historic Ekapa diamond mine, in Kimberley, South Africa, has closed with immediate effect - a week after five miners were trapped deep underground by a mud rush and water flood. Rescue attempts have failed and the miners are now presumed to have died....
- $25m Cash Injection for Meya Mineon 24 February 2026 at 8:00 am
Meya Mining Company has secured a $25m facility that will bring it closer to starting commercial production at its mine in Sierra Leone's Kono District. It has agreed terms with the pan-African banking group Ecobank. The capital will allow Meya...
- Anglo Slashes De Beers' Value from $4.1bn to $2.3bnon 23 February 2026 at 8:00 am
Mining giant Anglo American has almost halved the book value of De Beers to $2.3bn, as the ailing diamond miner reported losses of $511m for 2025 (from $25m in 2024). Anglo blamed "ongoing challenging rough diamond trading conditions" as well as...