Still no firm date for the divestment of De Beers by...
Anglo American expects to agree the sale of its steelmaking coal business within the next three months but still has not provided a specific...
Angola targets 7% diamond output rise amid price slump
ANGOLA is targeting a 7% increase in diamond production this year, betting that higher volumes will offset a prolonged weakness in global prices, said...
Botswana president visits Oman to advance De Beers bid
BOTSWANA'S President Duma Boko has travelled to Oman to sign cooperation agreements and advance his country's efforts to acquire a controlling stake in diamond...
Rio Tinto exits diamonds after half a century
RIO Tinto has closed its last diamond mine, ending more than 50 years in the business as the world's second-largest miner sharpens its focus...
Diamond industry faces its deepest crisis
THE global diamond industry is in its deepest crisis in modern history, battered by collapsing Chinese demand, the rapid rise of lab-grown stones, US...
A crisis forever? How diamond miners are digging in
THE impending liquidation of Ekapa Mining following a deadly mudslide last month brings the curtain down on roughly 150 years of diamond mining in...
S&P cuts Botswana rating on diamond market woes
S&P Global Ratings has downgraded Botswana's long-term sovereign credit rating to BBB- from BBB, citing structural weakness in the global diamond market that will...
Lucara Diamond secures balance of funds for $779m Karowe
THE future of one of the world's richest diamond mines has finally been secured three years after its botched expansion threatened to bankrupt owner...
De Beers sale gets cheaper, though not easier
ANGLO American has massively downgraded the value of De Beers on its balance sheet, suggesting a bargain might be in the offing for its...
Petra Diamonds warns rand strength a “major headwind”
PETRA Diamonds continues to leak cash as "subdued" market prices were made worse by a strengthening of the rand against the dollar - identified...