Diamonds

Petra Diamonds to sell Botswana exploration portfolio for $300k

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PETRA Diamonds has agreed to sell its exploration assets in Botswana through the sale for $300,000 of its 100% stake in Sekaka Diamonds to...

Jilted by lockdown: Why marriage after global isolation is just what...

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T he wedding economy is estimated to be worth $300bn annually with a host of industries, from travel and hospitality to the garment sector,...

Lucara agrees rough diamond supply deal with HB Group in bid...

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LUCARA Diamond Corporation has agreed to sell about 70% of its rough diamonds from its Karowe mine in Botswana to Antwerp-based manufacturer, HB Group,...

Lucapa Diamonds shares slump 8% in Sydney as firm continues refinancing...

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LUCAPA Diamonds Company said it would press ahead with discussing refinancing options despite corporate cost-cutting and a A$5.2m rights issue in the June quarter. The...

Lucara Diamond to put “pin in the wall” on Karowe capital...

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LUCARA Diamond Corp. would finalise its spending plans for the underground expansion of its Karowe mine in Botswana by the end of August, said...

Petra Diamonds calls for buyers after review of $650m debt slams...

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PETRA Diamonds said on Friday it would seek offers for the company after concluding a strategic review aimed at finding ways to repay $650m in...

GEM Diamonds gets “good value” for high value stones in Antwerp...

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THERE was "good value" for high value diamonds, said Clifford Elphick, CEO of GEM Diamonds following a tender in Antwerp. "The results of the latest...

De Beers $35m May sales highlights extent of pain in the...

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DE Beers sold $35m worth of rough diamonds in a sales cycle held in May, according to a report by Bloomberg News which cited...

Lucapa raises $5.25m from rights issue to “preserve mining assets” affected...

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LUCAPA Diamond Company said $5.25m raised in funds following a rights issue would be used to "preserve" mining assets affected by COVID-19 pandemic lockdowns,...

DRC suspends board of state-owned diamond firm Miba on governance concerns

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THE board and management of Miba SA, the Democratic Republic of Congo's (DRC's) state-controlled diamond company, has been suspended, according to a report by...