Diamonds

Petra Diamonds unveils intention to pay dividends, capping three year turnaround

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PETRA Diamonds capped a dramatic three year turnaround in fortunes announcing today its intention to pay dividends, most likely in the current financial year...

Jagersfontein mine owner Stargems says tailings facility was “safe and secure”

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THE owner of the Jagersfontein diamond tailings dam which burst on Sunday killing at least three people said that the assets "were safe and...

Three killed after tailings dam at Jagersfontein diamond mine in Free...

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* At the time of writing this headline was correct. However, the Minerals Council South Africa has since confirmed one dead as a result...

Petra, a diamond miner hit twice by the illegal mining scourge

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LONDON-listed Petra Diamonds provides a good example of what can happen to a mining company when it gets hit by widespread illegal mining on...

After nearly going bust, the future couldn’t look any brighter for...

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WHEN three of South Africa's wealthiest families engage in some discreet business dealings, it's perhaps worth taking a second look. In September last year,...

How diamonds will enable Anglo to make a market for Woodsmith...

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ANGLO American's experience marketing diamonds through its decades-long association with De Beers would be invaluable as it seeks to make a market for Woodsmith,...

De Beers warns of Diwali disruption to “next few cycles” after...

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DE BEERS said today rough diamond sales for the seventh cycle totalled $630m, an improvement on the $522m in sales for the same period...

GEM Diamonds lifts Letšeng’s cost guidance for 2022 owing to supply...

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GEM Diamonds said in a trading update for the first six months of its financial year ended June that it would meet the lower...

Angola eyes becoming one of the world’s largest diamond producers in...

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ANGOLA, long viewed as "elephant country" by geologists searching for major diamond strikes, is finally getting the exploration attention it deserves after a radical...

Lucara starts shaft-sinking at $547m project to extend the life...

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Toronto-listed Lucara Diamond Corporation (Lucara) generated US$120.5m in diamond sales from its Karowe mine in Botswana during the six months to end-June and has...