Diamonds

Lucara issues C$38m in shares with diamond market, trademark Karowe recoveries...

LUCARA Diamonds is to raise C$38m through a combination of public and private share offerings just as a recovery in the diamond market begins...

De Beers racks up $2.5bn in 2021 sales after India recovers...

DE BEERS recorded provisional fifth cycle sales of $470m following a recovery in the Indian midstream sector and improved jewellery demand in the US...

Lucara adds to high value haul with a new recovery once...

LUCARA Diamond Corporation added to its diamond haul over 1,000 carats with the recovery of a 1,174 carat stone - large enough to rival...

SA diamond rush called off after fortune-seekers disappointed by finding quartz

MINING hopefuls were disappointed to find that the diamonds they had been digging for in KwaZulu-Natal's KwaHlathi were in fact quartz of little economic value. Reuters...

Lucapa to raise A$23m in share issue in effort to diversify...

LUCAPA Diamond Company is to buy the Merlin diamond mine for A$8.5m which it will finance through the issue of shares. Lucapa said in an...

India’s Covid-19 crisis hits diamond midstream as De Beers’ fourth sales...

DE BEERS reported fourth cycle rough diamond sales of $380m, a quantum higher than the Covid-19 hit fourth and fifth cycles of last year...

Petra to pay £4.3m as it settles Williamson illegal miner claims...

PETRA Diamonds has agreed to pay £4.3m in settlement of claims brought against the company's Williamson mine in Tanzania in respect of human rights...

Herd mentality just the ticket for Gemfields as it aims to...

ONE means by which the diamond industry has coped with restrictions on international travel is to channel sales of unpolished goods through online auctions,...

Listed diamond producer in mix for third party supply to Lucara’s...

LUCARA Diamond Corporation hoped to add its first third-party diamond supply - some of which could come from a listed diamond producer - to...

Diamond sector recovery in full flow as De Beers, Alrosa shift...

A STOCKPILE of uncut diamonds worth billions of dollars built up during a downturn in the sector has been removed in a matter of...