Diamonds

Kimberley’s last diamond miner, Ekapa, struggles to stay afloat as artisanal...

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KIMBERLEY Ekapa Mining (KEM), the last major diamond company operating in Kimberley, has imposed a three-month, 12.5% salary reduction across the board on its...

De Beers to allow sightholders “unprecedented flexibility” as diamond market remains...

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DE Beers, the Anglo American-owned diamond miner and marketer, will allow buyers of its  diamonds "unprecedented flexibility" when they meet for the seventh time...

Letšeng recoveries protect GEM against market but firm watchful of price...

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GEM Diamonds edged towards net cash at the close of a robust first half of its 2019 financial year in which high value diamond...

Lucara to make call on dividends once Karowe underground capital number...

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LUCARA Diamonds CEO, Eira Thomas, played a straight bat to a question during the firm's second quarter and interim results presentation on August 9...

Lucapa takes sales to $35.5m, but firm holds back large stones...

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LUCAPA Diamond Company, a Sydney-listed company operating in Angola and Lesotho, said diamond sales for the year were now at $35.5m following the latest...

Petra arrests share price freefall telling investors its finger is on...

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AN announcement by Petra Diamonds pointing investors to its liquidity, the conservative assumptions on which a two-year strategy of debt reduction was based, and...

De Beers’ sales fall precipitously as group takes steps to ease...

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DIAMOND sales in the sixth sales cycle fell precipitously year-on-year for Anglo American's 85%-owned De Beers as inventories in the 'mid-stream' - among polishers...

Firestone Diamonds wins waivers from ABSA related to $82.4m debt

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FIRESTONE Diamonds has been granted a waiver for certain of its debt-related covenants as it heads into a new financial year that was expected...

Petra lowers diamond output target as hunkers down for year of...

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SHARES in Petra Diamonds looked set to at least match the year-to-date low of 16.9 pence after the company unveiled a conservative pre-tax earnings...

Lucapa Diamond targets operational profit in 2019 as Lulo, Mothae track...

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LUCAPA Diamond Company (Lucapa) said it was on track to post an operational profit in its 2019 financial year after its Lulo and Mothae...