Petra knocked on fears rand, blocked exports will crimp profit
PETRA Diamonds adjusted full year production guidance by up to 300,000 carats (ct), a development that is likely to crimp much-needed cash flow given...
GEM share flies on 910 carat whopper recovered at Letšeng
A 910 carat (ct) diamond recovered at GEM Diamonds' Letšeng mine in Lesotho could fetch more than $40m and help support the firm's under-pressure...
Diamond price lift to bolster De Beers’ Gahcho Kué in 2018
A FOUR percent increase in diamond prices would provide a boost to diamond mines especially at the Northwest Territories operation Gahcho Kué which is...
Desperately seeking the suitor after Gem’s Ghaghoo diamond mine
This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error.
Puzzling questions...
De Beers ends 2017 with “steady as she goes” diamond sales
Provisional diamond sales at the tenth - and last - De Beers “sight” for 2017 amounted to $450m which was 3% down on the...
GEM sticks to diamond sales guidance despite hitch at Letšeng
GEM Diamonds has made an adjustment to its full-year ore treatment forecast after locating a crack in its plant equipment at its Letšeng mine, the...
Pressure turned up a notch on Petra as net debt climbs...
THE pressure on Petra Diamonds' balance sheet was turned up a notch at the close of the first quarter after net debt came in...
Petra liquid enough to survive expected debt covenant failures
PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...
Lucapa raises $15m for Lesotho diamond prospect Mothae
PRIVATE equity has agreed to provide $15m (R207m) to Lucapa Diamonds for first phase production of Mothae, a diamond project in Lesotho the Australian-listed...
Life looks up for Petra after strike ends at Finsch, Koffiefontein
PETRA Diamonds said full year production guidance of between 4.8 million to five million carats would be unaffected by a ten day strike at...