Diamonds

Petra Diamonds seals lock-up agreement, shareholders to vote on January 11

PETRA Diamonds said it had concluded an agreement with bondholders that paved the way for the conversion of up to $650m in debt to...

Petra on knife edge as Covid-19 second wave threatens diamond price...

PETRA Diamonds reported a taxed loss of $223m, including $91.9m in impairments, for the 12 months ended June, and warned the market its viability...

Gemfields invites offers for stake in forgotten child of SA’s PGMs,...

GEMFIELDS is to press ahead with the sale of its stake in Sedibelo Platinum Mines (SPM), once considered a valuable leg in the tripod...

Petra Diamonds investigates allegations artisanal miners shot on Williamson mine

PETRA Diamonds is investigating allegations artisanal miners who trespassed on the firm's Williamson mine in Tanzania were detained, beaten and shot at, killing at...

Lucara weighing 2021 renewal of high value diamond sales deal with...

LUCARA Diamond Corporation wanted more time before deciding whether to renew the exclusive supply of high-value rough gems larger to cutter and polisher, HB...

Lucara Diamond’s 2020 losses mount, but online sales thrive & finds...

LUCARA Diamond Corporation's losses mounted in the nine months ended September despite a recovery in the third quarter triggered a more stable diamond market. The...

Gemfields takes tentative first step back into emerald market with first...

GEMFIELDS has returned tentatively to the gemstone market completing the first of five proposed small scale auctions of emeralds on November 6. Adrian Banks, MD of...

Weak diamond market claims scalp as Debswana Mining prepares to shut...

WEAKNESS in the diamond market this year has led to the proposed closure of Botswana's Damtshaa, a mine owned by Debswana Mining Company, said...

Lucapa Diamond raises $10m in share issue to propel $8.5m Mothae...

LUCAPA Diamond Company raised $10m through a share issue with the proceeds primarily to be directed to the $8.5m expansion of its Mothae mine...

Lucara Diamond reprises Louis Vuitton deal with sale of 549 carat...

LUCARA Diamond Corporation is to sell its 549 carat white gem diamond - "Sethunya" (flower: Setswana) - to Louis Vuitton that reprises a polishing...