Diamonds

Gemfields heads off expensive legal fracas with Montepuez community in £5.8m...

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GEMFIELDS chose practicality over a potentially expensive legal process in a "no admission of liability" settlement with attorneys representing community members residing near its...

De Beers posts heavily lower diamond sales in first tender of...

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DIAMOND sales by De Beers in its first sales cycle of 2019 was heavily down on the same month in the previous financial year,...

Lucara says 240 carat recovery at Karowe demonstrates consistency of orebody

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LUCARA Diamond Corporation said it had recovered a 240 carat top white gem from its Karowe mine in Botswana, taking to 54 the number...

Petra shares under pressure as Cullinan lean spell leads to $25m...

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THE lean spell in diamond recoveries that Petra Diamond's Cullinan mine is suffering continued in the first half of its 2019 financial year which...

Lucara sets out milestones towards completion of Karowe extension study

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LUCARA Diamond Corporation, the Toronto-listed company, set out some of the milestones  of a feasibility study into the life extension of its Karowe diamond...

De Beers left out in cold as Zimbabwe awards diamond licences...

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ZIMBABWE has licensed two diamond companies from China and Russia as the only foreign firms allowed to explore and mine for diamonds in the country...

GEM and Lucara tipped to shine as diamond shares struggle with...

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DIAMOND equities may be in for a rough ride in 2019, according to a report by Canaccord Genuity analyst, Des Kilalea, who identified a...

Lucara keeps 2019 dividend unchanged, wins interest of diamond producers in...

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LUCARA Diamond Corporation will keep the annual dividend unchanged at 10 Canadian cents per share in its 2019 financial year which it said today...

Lucapa paid $1.6m dividend from stake in Angolan diamond mine, Lulo

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SHAREHOLDERS in Lucapa Diamond Company, an Australian-listed business, will receive a dividend payment of $1.6m from the firm's stake in Lulo, known as Sociedade Mineira...

Good December sales for De Beers and Gemfields

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Christmas has come early for diamond group De Beers and coloured gem producer Gemfields - with both reporting good December sales - but not...