Marketing focus to be feature of independent De Beers
DE Beers has amassed a stockpile of diamonds worth $2bn – the largest since the 2008 world financial crisis – following a period of...
Lucara to spend $115m in 2025 completing Karowe shaft
LUCARA Diamond Corp. forecast capital spend of $115m in 2025 in order to complete construction of the Karowe underground expansion.
The focus will fall on...
Gem hopes Botswana Govt will halt “inappropriate” diamond sales
THE surprise election in November of Botswana President Duma Boko could result in "inappropriate sales" of diamonds from "a major competitor" being stopped in...
Lucapa CEO Nick Selby announces decision to step down
LUCAPA Diamond Company said it had appointed head of operations Alex Kidman as CEO and MD after Nick Selby announced his intention to step...
Lucara cuts revenue guidance as high value diamond sales fall
LUCARA Diamond Corp. said on Thursday revenue would be lower for its 2024 financial year than forecast owing to lower sales of high value...
De Beers hopes of Botswana deal boosted by shock election
DE BEERS' plans to sign a new diamond sales agreement with Botswana would be boosted by last week's election result in which President Mokgweetsi...
Anglo’s Wanblad hints at more diamond production cuts
Further reductions in diamond output from De Beers could be on the cards as market conditions remain depressed despite the three million carat chop...
De Beers exploration push into Angola finds eight diamond project targets
De Beers has wasted no time getting its exploration work in Angola up to speed with CEO Al Cook telling delegates to the Angola...
Gem Diamonds boosts revenues through the sale of six large diamonds
Gem Diamonds bucked the trend in the depressed global diamond industry during the September quarter thanks to the sale of six large diamonds of...
Petra manipulates diamond sales mix to improve prices at the...
Petra Diamonds increased overall average diamond prices by 13% for the first two tenders of its financial year to June 2025 by manipulating its...