Diamonds

Zimbabwe to assume control over country’s diamond sector

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Zimbabwe has taken over income from all diamond mining activities in the country after injecting $80m into the Zimbabwe Consolidated Diamond Company (ZCDC), a...

Lucara looks to exceptional stone tender to revive cash reserves

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LUCARA Diamond Corporation paid an increased C$2.5 cents per share (1.82 US cents) dividend for the first quarter and said it was lining up...

Rockwell kept waiting by High Court in bid to clear name

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ROCKWELL Diamonds has been kept waiting for its day in court after the Kimberley High Court ruled on April 26 that there was no...

Petra in talks with Tanzanian government over Williamson mine

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Petra Diamonds was “in discussions” with the Tanzanian government regarding requirements that a 30% stake in the group’s Williamson diamond mine be offered to...

Diamonds shine for Anglo American in the first quarter

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Anglo American bumped up its production across the board in the first quarter of 2017 - with the exception of copper and nickel -...

Rockwell applies for business rescue to keep liquidators at bay

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ROCKWELL Diamonds has applied for business rescue in an effort to keep an interim liquidation at bay whilst it waits for a hearing in...

Gahcho Kué: De Beers’ sub-Arctic bet on diamond demand deficit

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ABOUT 280km north-east of Yellowknife, the largest town of Canada’s North West Territories (NWT), is Gahcho Kué – a Chipewyan name for ‘the big...

110 carat boosts Firestone as Liqhobong gains momentum

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SHARES in Firestone Diamonds, the UK-listed operator of Lesotho's Liqhobong diamond mine, gained up to 12% today after the company's revenue-generating potential was demonstrated...

DiamondCorp to retrench employees at Lace mine

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DIAMONDCORP is to retrench employees at its Lace diamond mine in South Africa's Free State province and warned its chief lender, the Industrial Development...

Rockwell suspended amid fight over provisional liquidation order

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TRADING in Rockwell Diamonds' shares has been suspended after a South African court issued an interim liquidation order on March 24 against three of...