South African Diamond Mine Closes Amid Search for Missing Workers
Owners of the Ekapa Mine reportedly filed for liquidation about a week after a mudslide trapped five workers who have yet to be found.

The workers have yet to be found but are presumed dead.
On Feb. 17, a surge of water, mud, and rock flooded an underground section of the Ekapa Mine in Kimberley, the capital of Northern Cape province, blocking access to the lowest mining level and trapping the workers roughly half a mile underground, according to a report from the Associated Press.
South Africa’s Department of Mineral and Petroleum Resources said in a statement released Feb. 20 that it was assisting with recovery efforts and had launched a formal investigation into the tragedy.
The department did not respond to a request for additional comment by press time.
The mine’s owners, Ekapa Resources and Ekapa Minerals, announced to workers on Wednesday that it has filed for liquidation, according to the South African Broadcasting Corporation (SABC), adding that the workers trapped underground were “presumed deceased.”
The company cited financial concerns due to the downturn in the diamond market and the costs associated with the recovery efforts following the mudslide, the news organization said.
More than 1,000 workers have seemingly lost their jobs due to the closing, and it is unclear if they will be paid.
The miner’s website appears to have been taken down.
The tragic incident has prompted unions, including the South African Federation of Trade Unions and National Union of Metalworkers of South Africa, to publish statements calling for transparency and accountability.
In its statement released Feb. 26, The Congress of South African Trade Unions said it “hopes the board and management of Ekapa Mine are not attempting to escape accountability by hastily applying for liquidation.”
“Given the country’s dangerously high unemployment rate of 41.1 percent, we cannot afford to lose a single job. In the same breath, no job is worth losing a life over—and in this instance it appears we have lost five breadwinners, the impact on their families is unimaginable.”
Mineral and Petroleum Resources Minister Gwede Mantashe will return to the Ekapa Mine on Friday, SABC reported.
The Latest

Those born in June can celebrate with pearl, alexandrite, and moonstone jewelry.

The platform allows retailers to guide clients through a customizable engagement ring buying experience in a branded interface.

Jim Springer, owner of Dunkelberger’s Fine Jewelry, is heading into retirement.

As gold prices rise, today’s retailers are looking for alternatives at prices that will appeal to wider audiences.

When conducting its May consumer confidence survey, The Conference Board asked extra questions about consumers’ budgeting strategies.


The “Tunnel” charm, our Piece of the Week, celebrates Pride Month with its design inspired by hope and the light at the end of the tunnel.

Up for auction at Sotheby’s, the collection of Tempelsman’s personal effects includes a Cartier Tank watch Jackie O. gifted him.

With the trade and customer trust in mind, GIA® developed NextGem™ – on-demand training designed specifically for retail.

The Miami-based fine jewelry brand will host its first summer residency in the Colorado mountain town from June 5 to Aug. 23.

The organization also announced its international board of directors for the 2026-2027 term.

Saks Global confirmed the closure this week, spelling the end for a store that’s been part of downtown Dallas for more than 100 years.

Smith discusses how managers should handle a top performer's exit, warning that a poor response could have a lasting impact.

The Gemological Institute of America is now a 30 percent stakeholder in Tracr, the De Beers-backed blockchain for diamonds.

The retailer is bringing Rolex Certified Pre-Owned watches to five U.S. cities in 2026 for collectors to see, try on, and purchase.

The actress and entrepreneur stars in the jeweler’s new campaign that celebrates life’s quiet moments.

The price of gold has risen, affecting the number of pieces designers make, the materials they use, and how they position themselves.

The jewelry retailer is zeroing in on Zales, Jared, Kay Jewelers, and Blue Nile as it looks to create unique brand identities for each.

Sotheby’s has appointed the former Phillips executive as its global head of private sales and retail in its watches division.

A private collection of five Paraíba tourmalines also will be up for sale at Sotheby’s High Jewelry auction in New York, scheduled for June 16.

From Gen Z’s view of luxury to “doom spending,” these are the six consumer trends to note this year.

The show started by honoring Mildred Marcano, ended with a tearful Beth Anne Bonanno, and recognized a dozen-plus designers in between.

The revamped online diamond marketplace will feature pricing intelligence and data-driven tools for more efficient buying and selling.

The miner said demand for higher-quality emeralds is stable, but there is notable caution in the market.

The “River of Heaven” necklace, our Piece of the Week debuting at Couture, combines 26 salt and pepper diamonds spaced by Tahitian pearls.

This year’s inductees include second-, third-, and fourth-generation jewelers.

The author, speaker, and entrepreneur will give his presentation, “Spiritual Billionaire,” on Saturday morning.

Three-time Grammy award-winning artist Nelly is set to perform at the annual event at Tao Beach on Sunday night.
























