De Beers pins hopes on India, China
Improved sales in India and China would assist the diamond market in staging a modest turnaround in fortunes during 2013, De Beers said.
De Beers boasts record sales figures
De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.
De Beers goes back into Angola after the country radically improves...
De Beers is to start diamond exploration in Angola later this year after signing two mineral investment contracts with the Angolan government but the...
Petra Diamonds concludes exit from Williamson mine
PETRA Diamonds has exited Tanzania's Willliamson (WDL) mine saying on Wednesday an agreement to sell its remaining 31.5% stake had been concluded.
"We would like...
Diamond market fragile but dearth of new supply by 2018
ANOTHER 'sight', another respectable showing for De Beers which said earlier this month diamond sales for its ninth cycle had amounted to $470m compared...
Gemfields racks up $95.6m at ruby auction
GEMFIELDS reported ruby sales of $95.6m (R1.53bn) at a recent auction this month which was twice the value of an action held at the...
Lucapa Diamonds may lift Lulo stake in Endiama share swap
LUCAPA Diamond Company, the Sydney-listed diamond producer and exploration firm, is in discussions to increase its stake in its 40%-owned Lulo diamond mine in...
Are diamonds for Anglo? De Beers’ slump raises questions
IN 2022, Petra Diamonds CEO Richard Duffy said the market for diamonds was undergoing a positive "structural change". It was not a "bubble or a...
Namdeb Diamond Corp returns to profitabililty
Namdeb Diamond Corporation (Namdeb) on Friday reported a return to profitability in the first half, with a profit before tax of N$719m for the six months ended June 2010 after a loss of N$685m in H1 2009.
Lucara fields inquiries “every week” for 1,111 carat Lesedi gem
LUCARA Diamond Corporation was receiving two to three inquiries per week from people interested in buying Lesedi La Rona (Our Light), a 1,111 carat...