Petra knocked on fears rand, blocked exports will crimp profit
PETRA Diamonds adjusted full year production guidance by up to 300,000 carats (ct), a development that is likely to crimp much-needed cash flow given...
Trans Hex banks on R73m/year cashflow
Trans Hex's three year pursuit of Namaqualand Mines may just have been worth waiting for on the evidence of its financial forecasts published today.
De Beers strike starts
The National Union of Mineworkers' members at diamond producer De Beers Consolidated Mines has started a strike after wage talks failed, says a union official.
China may buy 25% of diamonds in a decade
De Beers CEO, Philip Mellier, believes China could supplant the US as the dominant market for diamonds in 10 to 15 years given its passion for symbols.
Lucara keeps 2019 dividend unchanged, wins interest of diamond producers in...
LUCARA Diamond Corporation will keep the annual dividend unchanged at 10 Canadian cents per share in its 2019 financial year which it said today...
Lucapa to kick off new $3.3m exploration phase at Angola’s Lulo...
LUCAPA Diamond Company said it would spend $3.3m on a new exploration phase at its Lulo mine in Angola over the next 12 months.
"The...
Marange fuels cross border dealer hub
Zimbabwe's Marange diamond fields have sparked a cross border diamond smuggling hub stretching to the Mozambican town of Manica.
De Beers’ sales fall to $80m as diamond miner waits on...
ROUGH diamond sales shrank to $80m for De Beers' penultimate sales cycle for 2023 as the Anglo American company limited supply in response to...
DiamondCorp starts mining at Lace
DiamondCorp is mining a 30,000t bulk ore sample from its Lace mine in the Free State, after the new decline shaft intersected the kimberlite pipe at a depth of 260m.
Lucara re-enters diamond sales agreement with HB Antwerp
LUCARA Diamond Corp, the Toronto-listed miner, has re-entered a diamond sales agreement with cutter and polisher HB Group for goods larger than 10.8 carats...