Petra sells down stake in Williamson mine following the punishing...
Petra Diamonds has moved to further chop its equity exposure to the Williamson Mine in Tanzania after the deal struck earlier this week with...
De Beers warns of Diwali disruption to “next few cycles” after...
DE BEERS said today rough diamond sales for the seventh cycle totalled $630m, an improvement on the $522m in sales for the same period...
De Beers sales slump as mid-tier delays purchases amid economic uncertainty
DE BEERS announced a year-on-year decline in second cycle rough diamond sales which totalled $495m.
This compares to rough diamond sales of $652m in the...
De Beers signs five year wage deal with NUM
DE BEERS on Thursday announced a five year wage deal with the National Union of Mineworkers (NUM) for employees at its Venetia Mine and...
Gemfields left hanging on the telephone after dissenting shareholders perform no-show
OBJECTIONS to remuneration pay is obviously a governance issue that companies have to take seriously. However, there are instances when shareholders can push the...
Gold bull run could spell bad news for diamond sales, says...
A PROLONGED improvement in the gold price could spell bad news for the diamond sector because diamonds were considered a less effective store of...
Mining Charter compliance has been engulfed by the country’s date with...
WHAT is effective economic transformation, especially in South Africa's mining sector? As usual, it depends who you ask.
According to Minerals Council South Africa, which...
Petra shutters Tanzania mine Williamson, draws down R500m for working capital...
PETRA Diamonds has put its Williamson mine in Tanzania on care and maintenance citing an "... unprecedented depressed market environment".
The UK-listed firm, which has...
De Beers sold $300m in rough diamonds last week following 10%...
DEMAND for rough or uncut diamonds among manufacturers - polishers and cutters - is reviving, partly owing to price cuts announced by De Beers...
Lucapa Diamond Corp. sells Mothae parcel for $5.6m averaging highest dollar...
LUCAPA Diamond Company sold 4,676 carats recovered from its Mothae mine in Lesotho for $5.6m, the company said today.
At $1,198 per carat, the diamonds...