Diamonds

Petra to “consider options” as $650m bond looms and cash falls...

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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...

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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...

Anglo’s Cutifani promises changes in diamond sights as De Beers embarks...

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ANGLO American CEO, Mark Cutifani, confirmed the group's 85%-owned De Beers was considering an overhaul in the way in which it sold rough diamonds to...

De Beers reports uptick in first sales cycle to $545m on...

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DE Beers' diamond sales for the first sight or sales cycle of 2020 indicated the market may have stabilised, and could even be improving. Sales...

Lucapa Diamond signs Lulo supply deal with Graff as seeks to...

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LUCAPA Diamond Company has signed a joint venture supply agreement with a subsidiary of Graff, the UK-based jeweller, in which it will share in...

Petra Diamonds’ net debt nudged higher despite advances in turnaround strategy

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PETRA Diamonds CEO, Richard Duffy, said the diamond market had stabilised as 2019 drew to a close, and that there were early advances in...

De Beers may be preparing an overhaul of diamond selling practice...

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DE BEERS may be assessing how it sells diamonds to its select group of buyers owing to depressed conditions in the market last year,...

Gemfields shares on the up after UK listing return is confirmed...

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GEMFIELDS is to list its shares on London's Alternative Investment Market (AIM) in an effort to win back investors some 18 months after the company...

Lucara Diamond forges deal with Louis Vuitton for 1,758 carat diamond...

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LUCARA Diamond Corporation's 1,758 carat diamond Sewelô, recovered at its Karowe operation in Botswana, would be cut, polished and turned into a collection of...

Lucapa kicks off 2020 with promising 117 carat diamond recovery from...

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A 117 carat diamond was recovered from the Lulo alluvial mine in Angola, said Lucapa Diamond Company, the Australian-listed firm that operates the mine...