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TODAY In Diamonds ›

Trans Hex sees major swing to profitability

by Miningmx | Tue, 15 May 2012

Llewellyn Delport, CEO Trans Hex Diamond miner Trans Hex says it expects to report an annual net profit of around R208m, compared to a loss of R45.1m during its previous financial year. Read ›
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Petra Diamonds Q3 production surges

by Miningmx | 09-May-12 14:49 | add a comment

Higher diamond prices and a contribution from Finsch mine helped Petra Diamonds record a near doubling in diamond production quarter-on-quarter. Read ›

Botswana reaps rewards of De Beers move

by Jan de Lange | 26-Apr-12 13:38 | add a comment

The move of the De Beers Diamond Trading Company from London to Gaborone in Botswana is one of the biggest ever transfers of economic activity in the history of Africa. Read ›

Lucara's Karowe produces first diamonds

by Miningmx | 23-Apr-12 12:14 | add a comment

Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered. Read ›

Rockwell reaps rewards of new focus

by André Janse van Vuuren | 17-Apr-12 17:53 | add a comment

Rockwell Diamonds is reaping the rewards of its redrafted strategy, posting quarterly carat production increases of at least 50% across its asset base. Read ›

Diamond market gains momentum, says Gem

by Miningmx | 16-Apr-12 09:45 | add a comment

Gem Diamonds says the market for rough diamonds has continued to improve, following the correction of prices in September 2011. Read ›

Watchdog approves Anglo's De Beers deal

by Miningmx | 11-Apr-12 11:44 | add a comment

South Africa's Competition Commission has given Anglo American's buy-out of De Beers the green light. Read ›

Rio Tinto reviews its diamond business

by Miningmx | 27-Mar-12 08:51 | add a comment

Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests. Read ›

GEM pulls out of running for Ekati

by Miningmx | 20-Mar-12 15:02 | add a comment

GEM Diamonds said it would focus on doubling the capacity of its Letseng mine in Lesotho rather than chasing the Ekati mine, the BHP Billiton mine currently under the hammer. Read ›

Rockwell, Zungu settle R60m debt dispute

by André Janse van Vuuren | 19-Mar-12 17:54 | add a comment

Rockwell Diamonds will assume control of a mining asset owned by Sandile Zungu’s African Vanguard Resources, bringing an end to the parties’ R60m dispute over an unpaid BEE deal. Read ›

Harry Winston, others circle BHP's diamonds

by Reuters | 15-Mar-12 14:11 | add a comment

Diamond miner and luxury jeweller Harry Winston is among several potential suitors circling BHP Billiton's majority stake in the EKATI diamond mine in Canada. Read ›
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