Diamonds

GEM Diamonds elects to keep Letšeng mine open despite Lesotho Covid-19...

GEM Diamonds is to keep its Letšeng mine in Lesotho open despite a two-week lockdown announced by the southern African country's president, Moeketsi Majoro, on Wednesday. "The...

Lucapa Diamond shuts Mothae mine as Lesotho forced into new, two-week...

LUCAPA Diamond Company said it had suspended its Mothae mine in Lesotho in line with the southern African country's two-week lockdown announced today aimed...

Lucapa Diamond Corp. sells Mothae parcel for $5.6m averaging highest dollar...

LUCAPA Diamond Company sold 4,676 carats recovered from its Mothae mine in Lesotho for $5.6m, the company said today. At $1,198 per carat, the diamonds...

Lucara secures renewal of Karowe mining licence ahead of financing $514m...

LUCARA Diamond Corporation said today it expected to complete financing for the $514m underground expansion of Karowe, a mine in Botswana, in the second...

Lucapa Diamond Co. recovers 113 carat gem from Lulo mine in...

LUCAPA Diamond Company said it recovered a 113 carat gem-quality diamond from its Lulo alluvial mine which it owns in joint venture with the Angolan...

Anglo’s Cutifani says De Beers will treat fragile diamond recovery in...

ANGLO American CEO, Mark Cutifani, is anticipating markedly better trading conditions in the diamond market from 2021 which could last for up to three...

De Beers outlines plans to improve social responsibility in effort to...

DE BEERS has outlined plans to ethically source its diamonds and become carbon neutral by 2030, said Reuters. This is the latest in the mining...

Petra Diamonds sells rare blue gems to De Beers-Diacore partnership for...

PETRA Diamonds received a much needed cash boost after selling five blue diamonds, known as the Letlapa Tala collection, for $40.36m following a competitive...

Angola considering selling stake in national diamond company, Endiama

ANGOLA may sell shares in Endiama, its state-owned diamond company, said Bloomberg News citing the country's finance minister, Vera Daves de Sousa. The disposal, which...

De Beers heading for second half sales of $1.8bn as diamond...

DE BEERS was forecast to report full year sales of about $1.8bn in the second half of its 2020 financial year after the diamond...