Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m
LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...
Rockwell put into provisional liquidation as Metis bows out
ROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firm's business...
NUM broadens strike at Petra mines to include Koffiefontein
THE National Union of Mineworkers (NUM) has broadened its strike at the premises of Petra Diamonds' South African mines saying its members will down...
Labour disruption flares up at Petra’s Finsch, Ekapa mines
PRODUCTION at Petra Diamonds' Finsch and Kimberley Ekapa Mining Joint Venture operations in South Africa's Northern Cape province has been interrupted by labour disruptions...
Petra set to struggle to meet covenant with Williamson crocked
SHARES in Petra Diamonds fell 8% during morning trade in London after the company acknowledged that the suspension of its Williamson mine would put...
Rockwell puzzled by liquidation move as sale in the pipeline
ROCKWELL Diamonds said it was puzzled by a decision to return its subsidiaries to provisional liquidation as it had received an offer in excess...
Petra suspends Williamson following Tanzania Govt. seizure
SHARES in Petra Diamonds were under pressure following an announcement it had suspended production at its Williamson mine in Tanzania after government authorities seized...
Cleaver aims to return De Beers to new mine development
DE BEERS is reviewing its approach to the development of smaller mining projects as the diamond giant considers its future strategy in a situation...
Pallinghurst set about restoring Gemfields to profitability
WHEN Pallinghurst Resources CEO, Arne Frandsen, announced to the market in May that the equity group was moving to buy out its 75%-owned coloured...
Trans Hex to shut down the Baken diamond mine
Diamond producer Trans Hex has finally pulled the plug on its ageing Baken mine in the Northern Cape and intends placing it on care...