Tuesday, February 19, 2019

The National Union of Mineworkers has warned De Beers that it will fight plans to retrench more than 350 workers at its Finsch mine in the Northern Cape.

LUCARA Diamond, emboldened by the prospect of two tenders in the last quarter of its financial year and lower average annual costs at its...

After more than a century's involvement in diamonds, the Oppenheimer family is to bid goodbye to its 40% stake in De Beers after it accepted a $5.1bn offer from Anglo American.

LUCARA Diamond Corporation forecast an increase in carat production guidance for its 2018 financial year following third quarter production of 127,031 carats owing to higher...

It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.

De Beers' executive Stephen Lussier wants the Forevermark to become a foremost brand in jewellery - an ambition the group has the market savvy to foster.

SHAREHOLDERS in Lucapa Diamond Company, an Australian-listed business, will receive a dividend payment of $1.6m from the firm's stake in Lulo, known as Sociedade Mineira...

Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.

Zimbabwe's state coffers are poised for a huge cash injection as 4.5 million carats of diamonds, worth up to $1.7bn according to the government, go on sale in the capital Harare.

A lack of bank liquidity and difficult trading conditions means sightholders are likely to jump at the chance of deferring up to 50% of rough diamond sales, says De Beers CEO Philippe Mellier.