Diamonds

Lucapa renegotiates repayment terms of $7.5m Equigold debt as waits on...

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LUCAPA Diamond Company has renegotiated repayment of a $7.5m loan with its Singaporean shareholder, Equigold, in terms of which it will extend the repayment...

Firestone Diamonds power cost increase comes at awkward time for Lesotho...

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FIRESTONE Diamonds had secured alternative power sources to keep its operations in Lesotho running until grid supply from the Muela Hydropower Station was returned,...

Lucara’s Thomas detects signs of life in diamond sector despite share...

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THE way Lucara Diamonds CEO, Eira Thomas sees it, the one third decline in the firm’s share earlier this month was "... the final...

Petra takes Kimberley ‘learnings’ to new artisanal mining deal at Free...

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PETRA Diamonds has taken a second run at solving the pressures caused by artisanal mining at its South African operations opening up a tailings...

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...