Diamonds

De Beers posts lower third cycle sales as Covid-19 disruption serves...

DE Beers reported third cycle rough diamond sales of $440m - a one fifth decline on second cycle sales - and said a fresh...

Lucara opts for cash flow certainty, extending HB Antwerp deal as...

LUCARA Diamond Corporation has extended a sales agreement for 24 months in which it will supply HB Antwerp, a cutter and polisher, with high...

Lucara Diamond secures $220m funding package for Karowe underground extension

LUCARA Diamond Corporation has tied up project finance totalling $220m for its $514m Karowe underground extension in Botswana. The funding package, provided by a syndicate of...

GEM Diamonds to pay special dividends when special gems discovered at...

GEM Diamonds will consider paying special dividends should it discover high value stones at its Letšeng mine in Lesotho, said CFO, Michael Michael. The UK-listed miner...

De Beers posts $550m second cycle diamond sales as consumer demand...

DE Beers recorded a year-on-year increase in second cycle diamond sales totaling $550m, providing further evidence the sector was back on its feet and...

Lucara Diamond to raise up to $200m debt for Karowe underground...

LUCARA Diamond, a Toronto-listed mining firm, is to finance $150m to $200m of its proposed $514m Karowe underground extension with borrowings which it hopes...

Lucara Diamond looks to 2021 market revival as $514m Karowe project...

LUCARA Diamond Corp. has forecast improved conditions in the global diamond market during 2021 as it looks to approve the $514m extension of Karowe,...

Petra records lift in half-year core earnings but warns of Covid-19...

PETRA Diamonds reported a one-fifth increase in first half core earnings, but warned that the Covid-19 pandemic could yet impact its ability to operate...

Russian diamond miner Alrosa to provide Sputnik V vaccine to Zimbabwe...

RUSSIAN diamond producer, Alrosa, intends to help Zimbabwe and Angola - countries where it has mining interests - with the purchase and distribution of...

Petra overhauls Williamson security after interim report details running battles with...

PETRA Diamonds suspended staff and would replace the private security firm at its Williamson mine in Tanzania as it sought to unscramble numerous claims...