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Diamond market may grow by up to 10% for two years

DE Beers last month said it had sold $485m worth of diamonds in its eighth sight, where it meets with pre-approved buyers of its...

GEM Diamonds’ Letseng keeps momentum going on 100 carat recoveries

GEM Diamonds Lesotho-based mine Letseng continued to yield diamonds over 100 carats, the company said in a fourth quarter production update today, adding that...

Rockwell pins hopes on $8m business restructure amid Q3 loss

ROCKWELL Diamonds posted a $5.5m net loss for the third quarter (2016: -$10.5m), but said a $8m spending plan, approved by the board on...

NUM, De Beers poised to sign wage deal

Members of the National Union of Mineworkers (NUM) and the world's largest diamond miner De Beers Consolidated Mines have agreed to sign a wage deal, the union says.

Rockwell unveils C$28.5m diamond deal

Rockwell Diamonds delivered on long-standing promises to capitalise on growth by consolidation unveiling a deal with a neighbour in the Northern Cape.

DTC sales channel not threatened by Botswana shift

De Beers’ Diamond Trading Company says sightholders will flock to Botswana once sights are held there in about a year’s time, according to group CEO Philippe Mellier.

Rockwell kept waiting by High Court in bid to clear name

ROCKWELL Diamonds has been kept waiting for its day in court after the Kimberley High Court ruled on April 26 that there was no...

Petra to fall short on diamond production for the year to...

Petra Diamonds has chopped its forecast diamond production for the year to end-June by between 8% and 9% and also estimated that revenues will be...

Tsodilo gains a BRC DiamondCore executive

Michiel de Witt joins a junior Canadian diamond and base metals exploration firm, Tsodilo. His future with BRC DiamondCore, where he is president, is not entirely clear cut.

De Beers upbeat on consumer demand

The all-important consumer side of the diamond business came back to life during 2010, according to De Beers, which predicts rising retail demand for diamonds this year.