Diamonds

Petra tipped to have “turned the corner” on promise of free...

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PETRA Diamonds had turned the corner in respect of its operational problems, a development that would help the firm lower net debt and possibly...

Petra net debt rises but Dippenaar claims firm on track for...

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PETRA Diamonds said it was on course to generate free cash flow in 2019 following production and sales numbers for the first quarter of...

Can De Beers crack the spending power of Gen Z, a...

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IRISH playwright George Bernard Shaw once observed that "Youth is wasted on the young", but what’s less known is that the sentence ends: "...

Dippenaar harbours no regrets about scope of Petra growth ambition

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PETRA Diamonds CEO, Johan Dippenaar, waxes philosophical about mistakes committed during his 12 years at the company, a tenure nearing its end following an...

Petra’s Dippenaar plays down Tanzania risk despite $14m VAT backlog

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THE $800,000 Petra Diamonds had received in VAT refunds from the Tanzanian government was the tip of the iceberg as $14m was still outstanding,...

Petra’s Dippenaar to step down as firm nears end of growth...

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JOHAN Dippenaar is to end his 12 year association with Petra Diamonds after the UK-listed firm announced today it had started the search for...

The tasks of Sean Gilbertson as Gemfields embarks on fresh start

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Pallinghurst Resources has undergone a sea change in the last six months, transforming from an investment trust into an operating mining group. It has...

South Africa’s diamond dogs: why our diamond miners struggle

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In 2016, the value of diamonds bought in the US retail market topped $40bn for the first time as more prosperous consumers returned to...

Synthetic love: Will De Beers’ fresh diamond gambit work for Anglo?

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A tactic to corral the synthetic diamond jewellery market by De Beers – until recently the arch-enemy of man-made diamond jewellery posing as the...

GEM on course for record recoveries as Letšeng enjoys fresh purple...

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GEM Diamonds did not anticipate any stumbling blocks in renewing the Letšeng mining lease with the Lesotho government, saying the process was merely "bureaucratic"...