SA diamond sector dying on the vine
South Africa's diamond sector - which should be a feather in the cape of the government's beneficiation policy - was withering to extinction, experts say.
What De Beers thinks of selling granny’s diamonds
FOR decades De Beers sold diamonds on the basis of their eternal and unique appeal. Both these characteristics, however, are being unseated by a...
Rio Tinto defends Zimbabwe diamond sale amid storm
Rio Tinto defended its decision to sell a 78% stake in Murowa Diamonds and Sengwa Colliery to RZ Murowa Holdings - a transaction that...
De Beers doubles sales in first sight of 2016
However, Goldman Sachs expressed concerns De Beers was making unfair comparisons while another diamond firm said the market would remain volatile.
De Beers cuts 2015 production forecast again
De Beers chopped diamond production sharply in the third quarter and has dropped its total production forecast for 2015 to 29 million carats.
Anglo appoints Cleaver De Beers CEO after Mellier bids adieu
ANGLO American executive, Bruce Cleaver, will become CEO of De Beers following the resignation of Philippe Mellier who said he wanted to honour an...
Bristow plans recap of Rockwell after period of ‘fumigation’
A CONSORTIUM led by Mark Bristow, possibly assisted by a third party, would reinvest in Rockwell Diamonds following a period of "fumigation", the company...
Misfortune, mishap forces DiamondCorp into business rescue
DIAMONDCORP'S Lace diamond mine would be placed in business rescue after misfortune heaped upon mishap had made it impossible for the project to reach...
Trans Hex to shut down the Baken diamond mine
Diamond producer Trans Hex has finally pulled the plug on its ageing Baken mine in the Northern Cape and intends placing it on care...
Petra wins plaudits but diamond prices worry
Analysts liked Petra Diamonds' deal to buy De Beers Kimberley Mines, but the short term price pressure in rough diamonds continued to be "a headwind".