Diamonds

Botswana Diamonds buys mothballed Ghaghoo mine from Gem for a knock-down...

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London-listed Botswana Diamonds (BOD) has bought Gem Diamonds’ Ghaghoo mine in central Botswana for $4m in cash through a joint venture deal with partner...

Lucara kept waiting on third party supply to Clara while diamond...

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THE second half of Lucara Diamond Corporation's financial year ought to be an interesting watch, especially on the sales front for two reasons. First is...

Diamonds are back but industry optimists forget consumers are always changing

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GIVEN the choice and the money, which would you prefer: a holiday in the south of France or a new diamond? In the grip of...

Lucara Diamond forecasts $120m spend in 2021 on fully funded Karowe...

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LUCARA Diamond Corporation will spend $120m this year on the underground extension of its Karowe mine in Botswana after raising project capital 4% to...

De Beers’ $510m sixth cycle sales continues Anglo’s diamond recovery theme...

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DE BEERS reported sixth cycle rough diamond sales of $510m, a seven percent increase on the confirmed sales of $477m in the previous cycle. Rough...

Petra looks to better times as 2021 sales rise 38%, prepares...

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PETRA Diamonds said revenue increased 38% to $406.9m for the year ended June 30 despite mining fewer stones from its South African operations. It mined...

Petra sells blue diamond for $40m as market recovery confirmed with...

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PETRA Diamonds sold a large stone discovered at its Cullinan mine for $40m, the company announced on Monday. The stone - a 39.34 carat blue...

Lucara issues C$38m in shares with diamond market, trademark Karowe recoveries...

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LUCARA Diamonds is to raise C$38m through a combination of public and private share offerings just as a recovery in the diamond market begins...

De Beers racks up $2.5bn in 2021 sales after India recovers...

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DE BEERS recorded provisional fifth cycle sales of $470m following a recovery in the Indian midstream sector and improved jewellery demand in the US...

Lucara adds to high value haul with a new recovery once...

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LUCARA Diamond Corporation added to its diamond haul over 1,000 carats with the recovery of a 1,174 carat stone - large enough to rival...