Diamonds

Petra Diamonds says no production impact after 3 million tons of...

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PRODUCTION would be disrupted for a day at Petra Diamonds' Cullinan mine, east of Pretoria, following a "scaling" incident at the mine's open pit...

Petra shares languish as diamond price malaise eclipses self-help measures

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SHARES in Petra Diamonds were under the pump again today as the UK-listed firm's efforts to rein-in costs and sustained first quarter production were...

Trans Hex calls its quits on West Coast Resources as diamond...

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TRANS Hex is to put its unprofitable West Coast Resources (WCR) into liquidation following a one third decline in diamond prices this year, said...

Zimbabwe forecasts eight million carat leap in diamond production by 2023

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ZIMBABWE expects to increase diamond production to 11 million carats by 2023 from 3.2 million carats last year, said Reuters citing the country's mines...

Petra shares oversold, says bank on evidence UK diamond producer can...

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SHARES in Petra Diamonds were currently oversold as investors were assuming the company was heading for a restructuring owing to its inability to generate...

Lucapa Diamond Co. registers record quarterly production as Mothae, Lulo improve...

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LUCAPA Diamond Company reported record quarterly production for the three months to end-September with best ever numbers flowing from its Mothae mine in Lesotho. Just...

GEM agrees higher royalty with Lesotho as part of Letšeng 10-year...

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GEM Diamonds has renewed the mining lease for Letšeng, a diamond mine it operates in Lesotho, the UK listed company said in an announcement today. "The...

De Beers diamond sales for eighth cycle show slight lift but...

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DE Beers confirmed reports last week that it had again offered buyers of its rough diamonds flexibility owing to difficult trading conditions in the...

Zimbabwe accuses US of ignorance after diamond exports blocked on force...

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ZIMBABWE accused the US of ignorance after the US Customs and Border Protection announced it had blocked rough diamond imports from the Marange fields...

De Beers extends policy of allowing buyers flex in rough diamond...

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DE BEERS has continued with its strategy of allowing buyers of its rough diamonds flexibility in order to ease the strain on them of...