Diamonds

Petra Diamonds halts mining as SA’s Eskom takes load-shedding to unprecedented...

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IN what may be a tip of the iceberg for South Africa's mining sector, Petra Diamonds said it had stopped mining at its Cullinan,...

Lucapa sells diamonds for $2m in upfront revenue deal with ‘high-end...

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LUCAPA Diamond Company has sold diamonds from its Mothae mine in Lesotho directly to a 'high-end diamantaire' realising $2m in upfront revenue. The company sold...

GEM not interested in buying “lovely” Petra Diamonds assets after kicking...

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GEM Diamonds was unlikely to bid for Petra Diamonds or any of its assets, according to the firm's CEO, Clifford Elphick, today. Asked for his...

Lucapa Diamond shuts Mothae mine as Lesotho forced into new, two-week...

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LUCAPA Diamond Company said it had suspended its Mothae mine in Lesotho in line with the southern African country's two-week lockdown announced today aimed...

Petra sells blue diamond for $40m as market recovery confirmed with...

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PETRA Diamonds sold a large stone discovered at its Cullinan mine for $40m, the company announced on Monday. The stone - a 39.34 carat blue...

De Beers says security of supply chain a critical precursor to...

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DE BEERS expects to report progress in discussions with the Angolan government this year regarding a potential investment in the southern African country's diamond...

RioZim to buy Namibia diamond mine as part of international expansion

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RIOZIM has bought Sperrgebiet Diamond Mine in Namibia as the Zimbabwean group seeks to expand in Africa, said Bloomberg News. "The group has been trying...

Botswana says new diamond sales deal agreed with De Beers

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THE government of Botswana announced on July 1 it had reached an in-principle agreement with De Beers on a new 10-year rough diamonds sales...

De Beers to assess previously explored deposits in Angola

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DE Beers has extended its involvement in Angola's diamond sector, saying on Tuesday it had signed an agreement with the southern African country aimed...

Lucara says 240 carat recovery at Karowe demonstrates consistency of orebody

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LUCARA Diamond Corporation said it had recovered a 240 carat top white gem from its Karowe mine in Botswana, taking to 54 the number...