Diamonds

Petra sells down stake in Williamson mine following the punishing...

Petra Diamonds has moved to further chop its equity exposure to the Williamson Mine in Tanzania after the deal struck earlier this week with...

‘A Luta Continua’ for De Beers as it goes prospecting for...

De Beers is going back into Angola to prospect for diamonds in what amounts to a validation of the changes made within the country...

Petra coughs up to re-open the Williamson diamond mine as the...

Petra Diamonds has finally reached an agreement with the Tanzanian government over the re-opening of the Williamson diamond mine but the terms show the...

Lucara Diamond Corp. forecasts diamond sales of up to $220m in...

LUCARA Diamond Corporation forecast diamond revenue of between $185m and $215m for its 2022 financial year excluding high value diamonds that its Karowe diamond...

De Beers posts decline in sales for ninth quarter owing to...

DE BEERS reported $430m in rough diamond sales for the ninth cycle of the year which was lower than the $492m in sales it...

De Beers CEO Bruce Cleaver stays positive on rough diamond market...

DE BEERS CEO Bruce Cleaver has maintained the group’s positive view on the state of the rough diamond market despite the latest sales figures...

Petra to sell first newly mined diamonds from Williamson after reopening

PETRA Diamonds is to sell its first newly mined diamonds from Williamson, the Tanzanian mine it reopened in the first quarter after 12 months...

Petra warns of potential diamond production hit owing to underground problems...

PETRA Diamonds is maintaining its production forecast for financial 2022 at 3.1 million to 3.4 million carats from its South African mines despite problems...

De Beers posts lower seventh cycle sales ahead of Diwali holiday

DE BEERS today reported provisional eighth cycle rough diamond sales of $490m which were described by the firm's CEO Bruce Cleaver as "robust". "As the...

Lucapa adjusts 2021 EBITDA higher on improved diamond market, revised Lulo...

LUCAPA Diamond Company said earnings before interest, tax, depreciation and amortisation (EBITDA) for the 2021 calendar year would come in between A$26m and A$28m...