Lucara’s Eira Thomas applauds De Beers’ Lightbox as “positive development”
THE launch of the De Beers synthetic diamond brand Lightbox was a positive development for the diamond industry because it demonstrated there was no...
Lucapa to kick off new $3.3m exploration phase at Angola’s Lulo...
LUCAPA Diamond Company said it would spend $3.3m on a new exploration phase at its Lulo mine in Angola over the next 12 months.
"The...
Lucapa mulls third diamond tender before half year at Mothae builds...
LUCAPA Diamonds, an Australian-listed company operating in Lesotho, said sales for the 2019 financial year so far totalled $7.3m following a second tender of...
De Beers blames “macroeconomic uncertainty” for heavy slide in fourth cycle...
ROUGH diamond sales fell heavily in the fourth cycle or site of the year, said Anglo American-owned De Beers in an update today.
"Cycle four...
Debmarine Namibia sanctions new $468m vessel, lifting diamond output a third...
DEBMARINE Namibia today sanctioned capital expenditure totalling $468m which will be put to the construction of an offshore diamond vessel capable of taking production...
Petra’s Duffy hails quality of Cullinan after ‘Legacy’ diamond sold for...
PETRA Diamonds has sold its 425-carat 'Legacy of the Cullinan Diamond Mine' diamond to Stargems Group in partnership with Choron Group for $15m.
"This is...
GEM Diamonds sells pink diamond for record per carat as Letšeng...
GEM Diamonds posted attributable net cash of $7.9m at the close of its first quarter in which it sold a 13.33 carat pink diamond...
Study finds laboratory diamonds more carbon intensive than mined gems
MAN-made or laboratory diamonds had a larger carbon footprint than naturally mined diamonds, according to Reuters citing a study by an association representing the...
Petra wins covenant relaxation from lenders in vote for cash flow...
LENDERS agreed to adjust covenant terms for debt provided to Petra Diamonds, a development largely anticipated but which newly appointed CEO, Richard Duffy, described...
Petra Diamonds sustains feel-good factor with another high-value gem recovery
PETRA Diamonds added another high value diamond to its recent string of finds following the discovery of a 209.9 carat D colour type gem...