Lucara drops output target 14% after mining equipment issue
LUCARA Diamonds, the Toronto-listed firm, warned shareholders that its mining contractors' lack of equipment availability in the second quarter could see full year production...
Earthquake breaks water fissure seal at GEM’s Ghagoo mine
AN earthquake that had its epicentre some 25km from GEM Diamonds' Ghaghoo, a diamond mine in Botswana the UK-listed group put into mothballs, caused...
Petra pins cash flow positive hopes on better gem mix in...
PETRA Diamonds forecast production in its 2018 financial year of between 4.8 to five million carats despite under shooting in the year under review...
Petra to fall short on diamond production for the year to...
Petra Diamonds has chopped its forecast diamond production for the year to end-June by between 8% and 9% and also estimated that revenues will be...
Pallinghurst to delist Gemfields from UK as wins takeover battle
PALLINGHURST Resources has won the battle for Gemfields after a sufficient number of the coloured gemstones miner and marketing firm's shareholders supported Pallinghurst's all-scrip...
Gemfields takeover battle shifts to make-or-break vote on June 26
AN independent committee formed by Gemfields has thrown down the gauntlet to Pallinghurst Resources by saying the Johannesburg-listed company may not win sufficient shareholder...
Gemfields urges shareholders to accept Fosun 18% premium offer
GEMFIELDS has sought to win an improved offer from Pallinghurst Resources after recommending a formal offer for the company lodged today by Fosun Gold,...
Pallinghurst wins 61% support for controversial Gemfields bid
PALLINGHURST Resources has claimed enough support to make its $150m all-share offer for Gemfields unconditional with just over 60% of total shareholders in the...
Fosun promises China riches in 10% bid premium for Gemfields
HONG Kong-listed conglomerate Fosun International has put flesh on the bones of its potential rival offer for Gemfields saying it would pay a 10%...
Pallinghurst faces battle as Gemfields engages rival suitor
PALLINGHURST Resources may be drawn into a bidding war for control of Gemfields after the UK-listed firm said it had solicited a "possible competing...