Good December sales for De Beers and Gemfields
Christmas has come early for diamond group De Beers and coloured gem producer Gemfields - with both reporting good December sales - but not...
Trans Hex is still losing money at its South African operations
Diamond junior Trans Hex got back into the black in the six months to end-September but that was thanks to sale of its Lower...
Zimbabwe Govt. tightens grip over diamond production with new ownership policy
THE Zimbabwean government has tightened its grip over the country's diamond sector, approving a policy that entitles it to a 46% stake in all diamond mining...
De Beers detects “signs of improvement” for smaller stone demand post-Diwali
DEMAND for smaller, lower quality diamonds was beginning to improve, said De Beers which today reported sales for its ninth site or cycle of...
Botswana Diamonds prospect close to attracting “significant producer” as partner
BOTSWANA Diamonds, the UK-listed exploration company, said it had attracted the investment interest of "a significant diamond producer" that would join it in the...
Diamond jewellery sales facing never-seen-before challenge in luxury stakes
DIAMOND jewellery sales should grow between 2% and 3% in 2018 owing to high consumer confidence in the US and the emergence of a...
Lucara lifts 2018 carat forecast, but warns of lower values “not...
LUCARA Diamond Corporation forecast an increase in carat production guidance for its 2018 financial year following third quarter production of 127,031 carats owing to higher...
Firestone relies on “large stone potential” at Liqhobong amid market softness
THE sale of two 'specials' - high value stones - from Firestone Diamonds' Liqhobong mine in Lesotho helped offset lower-than-expected revenue for its run-of-mine...
Petra tipped to have “turned the corner” on promise of free...
PETRA Diamonds had turned the corner in respect of its operational problems, a development that would help the firm lower net debt and possibly...
Petra net debt rises but Dippenaar claims firm on track for...
PETRA Diamonds said it was on course to generate free cash flow in 2019 following production and sales numbers for the first quarter of...