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,...
Lucara optimistic on direction of diamond market, but waits for further...
LUCARA Diamond CEO, Eira Thomas, said she was optimistic on the direction of the diamond market, but stopped short of saying whether improved pricing...
De Beers CEO, Bruce Cleaver, “very proud” of firm in 2019...
DE BEERS CEO, Bruce Cleaver, said he was "very proud" of the diamond firm's achievements despite reporting 50% lower profits of $558m for the...
Petra to “consider options” as $650m bond looms and cash falls...
PETRA Diamonds said it would "consider its options" as a bond repayment worth $650m advanced upon the company, and its access to cash teetered...
GEM detects sustained strength in diamond market in 2020 after tide...
A DIAMOND market recovery first identified in the fourth quarter of 2019 had been maintained this year, said Clifford Elphick, CEO of GEM Diamonds.
Commenting...
Anglo’s Cutifani promises changes in diamond sights as De Beers embarks...
ANGLO American CEO, Mark Cutifani, confirmed the group's 85%-owned De Beers was considering an overhaul in the way in which it sold rough diamonds to...
De Beers reports uptick in first sales cycle to $545m on...
DE Beers' diamond sales for the first sight or sales cycle of 2020 indicated the market may have stabilised, and could even be improving.
Sales...
Lucapa Diamond signs Lulo supply deal with Graff as seeks to...
LUCAPA Diamond Company has signed a joint venture supply agreement with a subsidiary of Graff, the UK-based jeweller, in which it will share in...
Petra Diamonds’ net debt nudged higher despite advances in turnaround strategy
PETRA Diamonds CEO, Richard Duffy, said the diamond market had stabilised as 2019 drew to a close, and that there were early advances in...
De Beers may be preparing an overhaul of diamond selling practice...
DE BEERS may be assessing how it sells diamonds to its select group of buyers owing to depressed conditions in the market last year,...