Diamonds

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

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

Bristow to finally put Rockwell Diamonds saga to bed after firm...

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MARK Bristow, CEO of Barrick Gold Corporation, is to finally close the book on Rockwell Diamonds, a company he chaired and which he once...

Lucara says latest large diamond find supports rationale for Karowe expansion

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LUCARA Diamond Corporation said it had recovered a 341 carat white diamond from its 100%-owned Karowe Diamond Mine in Botswana. The recovery, made during the...

De Beers cuts sightholders in biggest shakeup of sales structure in...

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DE BEERS has reduced the number of sightholders able to buy from it by about 10 and refined how it sells rough diamonds to...

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

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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...

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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...

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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...

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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...

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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...

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