De Beers looking at contingency plans after diamond buyers face Botswana...
DE BEERS intended to press ahead with its next round of diamond sales planned for March 30 despite buyers being prevented from inspecting the...
GEM Diamonds’ Elphick fears COVID-19 might put dampener on diamond tender
PRICES at an upcoming diamond tender might be negatively affected by COVID-19 virus pandemic anxieties and interrupt a much-needed recovery in the market, said GEM...
Lucapa to raise A$6.7m in rights issue, share placement to find...
LUCAPA Diamond Company plans to raise about A$6.7m in order to fund exploration of its Lulo deposit in Angola.
The funds will be raised through...
De Beers unveils re-think of sales strategy to diamond buyers at...
DE BEERS has outlined changes to its rough diamond sales process in which it will target sightholders that are best positioned to deliver the...
Firestone Diamonds to delist as continues fight for survival following power...
FIRESTONE Diamonds was in survival mode in which it would delist and reduce the size of its board in order to slash costs.
This was...
Artisanal mining violence flares again at Gemfields’ Montepuez ruby mine in...
SOCIAL conditions at Gemfields' Mozambique ruby mine, Montepuez, deteriorated further over the weekend after artisanal miners damaged mine property and attacked employees.
Citing the company,...
Lucara optimistic on direction of diamond market, but waits for further...
LUCARA Diamond CEO, Eira Thomas, said she was optimistic on the direction of the diamond market, but stopped short of saying whether improved pricing...
De Beers CEO, Bruce Cleaver, “very proud” of firm in 2019...
DE BEERS CEO, Bruce Cleaver, said he was "very proud" of the diamond firm's achievements despite reporting 50% lower profits of $558m for the...
Petra to “consider options” as $650m bond looms and cash falls...
PETRA Diamonds said it would "consider its options" as a bond repayment worth $650m advanced upon the company, and its access to cash teetered...
GEM detects sustained strength in diamond market in 2020 after tide...
A DIAMOND market recovery first identified in the fourth quarter of 2019 had been maintained this year, said Clifford Elphick, CEO of GEM Diamonds.
Commenting...