Namakwa may get $30m credit back
Namakwa Diamonds, which owns Africa’s largest undeveloped diamond mine, is in discussions with its lender to reinstate a $30m credit line.
Lucara’s Karowe produces first diamonds
Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered.
De Beers scoops Peregrine’s Chidliak diamond prospect for C$107m
DE BEERS said it had secured one of Canada's best undeveloped diamond deposits following a C$107m cash transaction in which it bought outstanding shares...
Gemfields details scenes of brute anarchy at Ethiopia emerald site
JOHANNESBURG-listed gemstone miner and marketer, Gemfields (previously Pallinghurst Resources), described scenes of sheer anarchy that unfolded on July 31 at its 75%-owned Ethiopian emerald...
Sun coming out on Petra Diamonds again after two years of...
THE approach of some investment analysts regarding the UK-listed company, Petra Diamonds, - which mines most of its diamonds in South Africa – is to...
De Beers to run 30-day search in last gasp effort to...
DE BEERS has abandoned its formal process of finding a buyer for Voorspoed, the Free State province mine the diamond group said in November it...
Zambia Revenue Authority raids Gemfields’ Kagem facilities
GEMFIELDS, the Johannesburg-listed precious stones mining and marketing company, said the premises of its Zambian subsidiary, Kagem Mining, were raided by the southern African...
South Africa’s diamond dogs: why our diamond miners struggle
In 2016, the value of diamonds bought in the US retail market topped $40bn for the first time as more prosperous consumers returned to...
The tasks of Sean Gilbertson as Gemfields embarks on fresh start
Pallinghurst Resources has undergone a sea change in the last six months, transforming from an investment trust into an operating mining group. It has...
GEM on course for record recoveries as Letšeng enjoys fresh purple...
GEM Diamonds did not anticipate any stumbling blocks in renewing the Letšeng mining lease with the Lesotho government, saying the process was merely "bureaucratic"...