Diamonds

Lucara Diamond guides to improved revenue in 2020 as paves way...

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LUCARA Diamond Corporation forecast improved revenue for its 2020 financial year, despite producing less carats, and sufficient cash flow to support early stage financing...

Lucapa in talks to buy control of Lulo kimberlite exploration joint...

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LUCAPA Diamond Company said it was in advanced discussions with the Angolan government to lift its stake in their Lulo exploration joint venture to...

Namdeb in talks with Namibia to provide tax breaks as studies...

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NAMDEB, a joint venture between the Namibian government and Anglo American's De Beers Group, was in talks with the government about tax breaks to...

Brian Gilbertson resigns Gemfields chair after AIM throws spotlight on father-son...

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BRIAN Gilbertson is to step down as chairman of Gemfields after UK listing authorities identified the father-son relationship with the firm's CEO, Sean Gilbertson,...

Petra Diamonds COO, Luctor Roode, to leave firm after layer cut...

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PETRA Diamonds is to part ways with its COO Luctor Roode after the firm's CEO, Richard Duffy, decided to impose a flatter organisational structure...

Diamond market shows ‘price stability’ as De Beers reports lift in...

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DE BEERS announced improved rough diamond sales for its ninth 'cycle', or 'sight' of the year, which came in at $390m. Although lower than the...

As diamond prices drift, argument for Lucara’s ‘Clara’ stronger than ever,...

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WITH the firecrackers of Diwali, which resounded throughout certain quarters of Johannesburg suburbia on October 27, comes cordite; and hope. In fact, any phrase ending...

De Beers price cut may imply improvement in diamond market around...

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DE Beers' cut diamond prices 5% for its November sales cycle - a sign that the market might be about to improve, said Bloomberg...

GEM lowers sales guidance after running into geological surprise at Satellite...

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GEM Diamonds nudged down full-year guidance for diamonds sold from its Letšeng mine in Lesotho after encountering a geological surprise at its Satellite pipe. Carats...

Lucara Diamond suspends dividend after unveiling $514m Karowe life expansion

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LUCARA Diamond Corporation has given the green light to the underground expansion of the Karowe mine in Botswana, a development that would extend mining...