Diamonds

Lucara Diamond to raise up to $200m debt for Karowe underground...

LUCARA Diamond, a Toronto-listed mining firm, is to finance $150m to $200m of its proposed $514m Karowe underground extension with borrowings which it hopes...

Lucara Diamond looks to 2021 market revival as $514m Karowe project...

LUCARA Diamond Corp. has forecast improved conditions in the global diamond market during 2021 as it looks to approve the $514m extension of Karowe,...

Petra records lift in half-year core earnings but warns of Covid-19...

PETRA Diamonds reported a one-fifth increase in first half core earnings, but warned that the Covid-19 pandemic could yet impact its ability to operate...

Russian diamond miner Alrosa to provide Sputnik V vaccine to Zimbabwe...

RUSSIAN diamond producer, Alrosa, intends to help Zimbabwe and Angola - countries where it has mining interests - with the purchase and distribution of...

Petra overhauls Williamson security after interim report details running battles with...

PETRA Diamonds suspended staff and would replace the private security firm at its Williamson mine in Tanzania as it sought to unscramble numerous claims...

De Beers posts best first cycle sales in two years as...

STRONG diamond jewellery sales during the year-end holiday season contributed towards a $99m improvement in year-on-year first cycle rough diamond sales, said De Beers,...

GEM Diamonds takes cash up $33.1m in fourth quarter as prices...

GEM Diamonds reported a major jump in net cash in the final quarter of its 2020 financial year ended-December and said there had been...

Lucapa reopens Mothae mine as Lesotho brings 14-day Covid-19 lockdown to...

LUCAPA Diamond Company said its Mothae mine in Lesotho had reopened in line with the ending of the country's 14-day Covid-19 lockdown. "It is great...

Diamonds unaffected by Covid-19 resurgence, but Anglo stops short of calling...

ANGLO American reported an improvement in production in the second half of 2020 with operations at 95% of 2019 rates. Recovery was the main feature...

Petra reports diamond prices at pre-Covid-19 levels, but keeps guidance suspended

PETRA Diamonds reported declines in production and revenue for the first half of its 2021 financial year, but it said diamond pricing had returned...