Artisanal mining violence flares again at Gemfields’ Montepuez ruby mine in...
SOCIAL conditions at Gemfields' Mozambique ruby mine, Montepuez, deteriorated further over the weekend after artisanal miners damaged mine property and attacked employees.
Citing the company,...
Eqstra to seek damages after Lucara ends R500m/year contract
LUCARA Diamond Corporation (Lucara) may have a fight on its hands after Extract Group said it would seek damages for a R500m per year...
Lucapa to restart Mothae mine in Lesotho in Q4, to operate...
LUCAPA Diamond Company said its Mothae mine in Lesotho would restart production by the fourth quarter following agreement with the government.
The Sydney-listed firm also...
Namibia seeks bigger De Beers marine stake
Namibia's government will pay N$375m to increase its stake in De Beers' offshore operations, reports the Namibian Sun.
DiamondCorp earnings slump 47pct
Emerging diamond producer DiamondCorp has reported a 47% drop in headline earnings per share to 6.15 pence for the year to end December 2009 from 11.55 pence a share previously.
De Beers sold $300m in rough diamonds last week following 10%...
DEMAND for rough or uncut diamonds among manufacturers - polishers and cutters - is reviving, partly owing to price cuts announced by De Beers...
GEM Diamonds’ Letseng keeps momentum going on 100 carat recoveries
GEM Diamonds Lesotho-based mine Letseng continued to yield diamonds over 100 carats, the company said in a fourth quarter production update today, adding that...
GEM Diamonds posts fall in Q1 revenue on lower carat sales,...
GEM Diamonds reported a 7% decline in first quarter revenue year-on-year which came in at $43.9m owing to a decline in carats sold during...
Petra Diamonds investigates allegations artisanal miners shot on Williamson mine
PETRA Diamonds is investigating allegations artisanal miners who trespassed on the firm's Williamson mine in Tanzania were detained, beaten and shot at, killing at...
Trans Hex tying up loose ends in Namaqua deal
Diamond producer Trans Hex says it is still busy tying up some aspects of its proposed acquisition of De Beers' Namaqualand mines.