Petra warns of revenue hit after limp diamond market forces cancellation...
PETRA Diamonds today announced it had postponed its sixth tender owing to "a temporary slowdown in the market for rough diamonds" - a development...
Petra Diamonds finalises deal to reduce stake in Tanzania’s Williamson mine
PETRA Diamonds said on Wednesday it had concluded an agreement in which it would reduce its stake in the Williamson mine in Tanzania to...
De Beers keen on SA expansion as Mantashe bemoans “holes” left...
DE Beers was exploring for more diamonds in South Africa that would extend its operations beyond the recently expanded Venetia mine in the country's...
Petra Diamonds withholds gem sales in fifth tender amid build in...
PETRA Diamonds withheld diamonds in the fifth auction of its financial year saying in an update today that offers didn't match its price expectations.
A...
De Beers may curtail diamond sales as consumers in China take...
DE Beers today reported weaker fourth cycle sales which totalled $480m compared to $542m in sales for the previous cycle. The fourth quarter sales were also...
Lucara reports hefty slide in Q1 Ebitda owing to ore mix,...
ROUGH diamond prices remained under pressure in the first quarter of Lucara Diamond's 2023 financial year owing to geopolitical uncertainty.
Pricing, combined with a temporary...
Petra forecasts one million carats in extra annual diamond output...
PETRA Diamonds recovered some lost ground during the March quarter increasing production and predicting a one million carat increase in diamond output during its...
De Beers diamond sales rise as demand from China picks up
DE BEERS sold $540m worth of rough diamonds in its third sales cycle of 2023 as at April 11 with the group seeing “continued...
Botswana deal with HB Antwerp could challenge partnership with De Beers
A DIAMOND sales agreement between Botswana and HB Antwerp could challenge the southern African nation's 50-year partnership with De Beers, said Bloomberg News in...
GEM Diamonds shares fall to lowest level in a year after...
INTERRUPTIONS at the Letšeng mine in Lesotho combined with weaker average prices for its diamonds and inflation weighed heavily on UK-listed miner GEM Diamonds.
It...