Diamonds

De Beers registers 40% leap in diamond sales as uncut gem...

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DE Beers registered diamond sales totalling $467m for its eighth sight - a 40% increase over the confirmed seventh sight sales - in a...

Petra overhauls Williamson security after interim report details running battles with...

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PETRA Diamonds suspended staff and would replace the private security firm at its Williamson mine in Tanzania as it sought to unscramble numerous claims...

Petra Diamonds marks out Williamson mine as asset for sale in...

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PETRA Diamonds has identified its Tanzanian mine Williamson as an asset for sale and is looking at whether it is worth continuing mining at...

De Beers may have gained market share amid US-led sanctions on...

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ANGLO American's 85% owned diamond subsidiary, De Beers reported provisional sales for its fourth cycle of $604m, nearly 7% higher than the previous cycle,...

Lucara signs ten year diamond sales agreement with HB Group

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LUCARA Diamond Corp. last week signed a ten-year sales agreement with HB Trading in which it will supply the manufacturer with diamonds of 10.8...

Lucara buys time to negotiate debt crisis but minorities to pay...

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LUCARA Diamond Corp. has bought itself valuable time while it negotiates with lenders following delays to the underground expansion of its Karowe mine in Botswana. The...

Zimbabwe to secure $600m loan from Botswana for diamond sector –...

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ZIMBABWE has reportedly sourced $600m in finance for its diamond industry from Botswana including $100m for diamond operations hamstrung by the shortage of dollars...

De Beers’ sales fall precipitously as group takes steps to ease...

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DIAMOND sales in the sixth sales cycle fell precipitously year-on-year for Anglo American's 85%-owned De Beers as inventories in the 'mid-stream' - among polishers...

As diamond prices drift, argument for Lucara’s ‘Clara’ stronger than ever,...

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WITH the firecrackers of Diwali, which resounded throughout certain quarters of Johannesburg suburbia on October 27, comes cordite; and hope. In fact, any phrase ending...

De Beers looking at contingency plans after diamond buyers face Botswana...

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DE BEERS intended to press ahead with its next round of diamond sales planned for March 30 despite buyers being prevented from inspecting the...