Diamonds

Lucapa Diamond Co. continues debt repayment progress

LUCAPA Diamond Company made further in-roads into its debt pile after it repaid A$10.5m to New Azilian, a company associated with the firm's non-executive...

Lucara Diamond’s Thomas hails best market “in the better part of...

LUCARA Diamond Corporation said revenue from diamond sales, excluding exceptional stones will be as much as $225m at the upper end of its estimates...

A long predicted supply squeeze has finally dawned over world’s diamond...

THE diamond market had seen a structural change where the "long-predicted supply squeeze is being reflected over all the diamond categories", according to Petra...

Okavanga Diamond Company sells record rough diamonds in 2021

OKAVANGO Diamond Company (ODC), Botswana's state-run diamond trader, posted record revenue last year after sales increased five-fold on a recovery in US imports, said...

Petra’s $387m in lifex projects underlines turnaround of once stricken diamond...

STRUGGLING diamond miner Petra Diamonds has turned the corner according to CEO Richard Duffy after the group reported interim results for the six months...

De Beers registers strong first cycle diamond sales of $660m as...

FIRST cycle sales for De Beers totalled $660m representing a sharp rebound for the final sales meeting of last year in which the group...

Gem encounters frustration with Ghaghoo sale after Vast pulls out of...

GEM Diamonds' efforts to sell its mothballed Botswana mine Ghaghoo have resulted in frustration again after Vast Resources called off its participation in the...

Buoyant jewellery sales help drive further easing in Petra Diamonds’ financial...

PRESSUREĀ on Petra Diamonds' finances eased further in the first six months of its financial year ended December. According to a trading update today revenue increased...

Botswana Diamonds gains 11% as excitement grows for SA prospect...

BOTSWANA Diamonds said an early assessment of its South African kimberlite prospect Thorny River resembled Marsfontein - one of the richest diamond mines in...

De Beers believes positive 2021 diamond market conditions will continue

Rough diamond sales by De Beers for the tenth - and final - sales cycle of 2021 were 26.5% down on the comparable cycle...