Gem Diamonds boosts revenues through the sale of six large diamonds
Gem Diamonds bucked the trend in the depressed global diamond industry during the September quarter thanks to the sale of six large diamonds of...
Petra manipulates diamond sales mix to improve prices at the...
Petra Diamonds increased overall average diamond prices by 13% for the first two tenders of its financial year to June 2025 by manipulating its...
Lucara to sell digital diamond sales company to former CEO
LUCARA Diamonds announced on Monday it had sold its digital diamond sales channel as it focussed on the commissioning of Karowe mine's expansion project.
William...
Gemfields ready to defend balance sheet if market weakens
GEMFIELDS CEO Sean Gilbertson said on Friday the company was prepared to cut costs and seek additional finance if there was a repeat of...
Anglo “more optimistic” on De Beers sale after China stimulus
ANGLO American CEO Duncan Wanblad ruled out "a flip-flop" on plans to sell the group's 85% in De Beers and said China's stimulus this...
Out of the spotlight, Trans Hex stages surprising comeback
When Trans Hex skulked off the JSE at the end of 2019, few punters gave the beleaguered diamond mining group a snowball’s chance of...
Lucara Diamond recovers another whopper at Karowe
LUCARA Diamond Corp., the Toronto-listed miner, said on Monday it had recovered a 1,094 carat diamond from its Karowe mine in Botswana.
Karowe, which is...
Gem Diamond lifts sales guidance despite turgid market
GEM Diamonds increased production guidance for its 2024 financial year to between 98,000 and 101,000 carats while sales increased to a forecast 100,000 to...
Lucara discovery to bring glitz back to battered diamonds
THE discovery of a 2,492 carat diamond at Lucara's Karowe mine in Botswana this month could give fresh impetus to the battered diamond market.
Diamond...
Lucara recovers huge 2,492 carat diamond from the Karowe mine
CANADIAN-listed Lucara Diamond has just recovered the largest diamond ever found since the world-famous Cullinan diamond at its Karowe mine in north-eastern Botswana.
Lucara detected...