Diamond market gains momentum, says Gem
Gem Diamonds says the market for rough diamonds has continued to improve, following the correction of prices in September 2011.
Lucara looks to exceptional stone tender to revive cash reserves
LUCARA Diamond Corporation paid an increased C$2.5 cents per share (1.82 US cents) dividend for the first quarter and said it was lining up...
Lucara Diamond to put “pin in the wall” on Karowe capital...
LUCARA Diamond Corp. would finalise its spending plans for the underground expansion of its Karowe mine in Botswana by the end of August, said...
De Beers detects “signs of improvement” for smaller stone demand post-Diwali
DEMAND for smaller, lower quality diamonds was beginning to improve, said De Beers which today reported sales for its ninth site or cycle of...
De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
Petra to investigate ‘human rights abuses’ at Williamson mine as allegations...
THE problems mounted for Petra Diamonds which said today it was conducting an investigation into allegations lodged in a UK High Court filing of...
Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m
LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...
Zimbabwe charges diamond firm ACR with fraud
Zimbabwe-focused African Consolidated Resources Plc has been charged with fraud and violating the country's precious stones laws, says the company.
De Beers says diamond sales deal could unleash $750m in Botswana...
DE Beers will invest $75m up-front into a Diamonds for Development Fund and could increase that to a total of $750m over the next...
De Beers sales slump as mid-tier delays purchases amid economic uncertainty
DE BEERS announced a year-on-year decline in second cycle rough diamond sales which totalled $495m.
This compares to rough diamond sales of $652m in the...