Botswana deal with HB Antwerp could challenge partnership with De Beers
A DIAMOND sales agreement between Botswana and HB Antwerp could challenge the southern African nation's 50-year partnership with De Beers, said Bloomberg News in...
GEM Diamonds shares fall to lowest level in a year after...
INTERRUPTIONS at the Letšeng mine in Lesotho combined with weaker average prices for its diamonds and inflation weighed heavily on UK-listed miner GEM Diamonds.
It...
De Beers sales slump as mid-tier delays purchases amid economic uncertainty
DE BEERS announced a year-on-year decline in second cycle rough diamond sales which totalled $495m.
This compares to rough diamond sales of $652m in the...
Talks with Botswana on new diamond deal held “in good spirits”...
ANGLO American CEO, Duncan Wanblad said negotiations over a new diamond marketing agreement between its 85%-owned De Beers and Botswana had been held "in...
Petra says portion of $14.8m diamond parcel embargoed by Tanzania has...
A PORTION of diamonds embargoed by the Tanzanian government following a dispute in 2017 with Petra Diamonds over their export value had been sold,...
Botswana prepared to “walk away” from diamond talks with De Beers
BOTSWANA would be prepared to walk away from negotiations with De Beers regarding the renewal of a diamond sales agreement, said Bloomberg News.
Citing comments...
De Beers gets off to slow start as sightholders take cautious...
DE Beers announced heavily reduced diamond sales for the first cycle of its 2023 financial year which the group's CEO Bruce Cleaver put down...
Williamson to foot repair of broken tailings wall as Petra sees...
PETRA Diamonds CEO Richard Duffy said the company was confident proceeds from the sale of a previously embargoed diamond parcel would contribute towards the...
Petra Diamonds cuts two-year forecast owing to closure and suspension of...
PETRA Diamonds today downgraded production for the next two financial years partly owing to a widely expected decision to shut its 130-year old Koffiefontein,...
Petra facing squeeze on cash flow as Williamson cost adds to...
PETRA Diamonds was facing a significant reduction in free cash flow in 2023 owing to an increase in capital expenditure and the cost of...