Rockwell hooks CEO Campbell after board reviews projects
JAMES Campbell has resigned from Rockwell Diamonds where he was CEO for about five-and-a-half years following a strategic review of the business which focused...
Illegal miners in Kimberley may threaten Petra Diamonds’ viability
AN invasion of more than one thousand illegal diamond miners – zama-zamas - in South Africa's Northern Cape town of Kimberley is threatening the...
GEM gives Ghaghoo 12 months to make profits or face mothballs
GEM Diamonds said it would give its Ghaghoo mine in Botswana between six months to a year to prove it could mine diamonds profitably...
Wiese hopes to lure Trans Hex minorities with R3.94/share bid
TRANS Hex minority shareholders will be offered R3.94 per share in terms of a takeover launched earlier this week by Christo Wiese and RAC...
GEM may reassess 2016 guidance as snow storm batters Letšeng
GEM Diamonds may need to reassess its full-year guidance for tonnes mined and costs after "severe" weather conditions battered its Letšeng mine which is...
Lucara fields inquiries “every week” for 1,111 carat Lesedi gem
LUCARA Diamond Corporation was receiving two to three inquiries per week from people interested in buying Lesedi La Rona (Our Light), a 1,111 carat...
Lucara Diamond Corp. pays $132m special dividend
LUCARA Diamond Corporation, the Botswana-based firm, said it would pay a C$172m ($132m) special dividend to shareholders taking the total dividend paid in its...
Lucapa Diamonds may lift Lulo stake in Endiama share swap
LUCAPA Diamond Company, the Sydney-listed diamond producer and exploration firm, is in discussions to increase its stake in its 40%-owned Lulo diamond mine in...
Gemfields secures $65m for output lifts at Kagem, MRM
GEMFIELDS, the £198m coloured gemstone mining and marketing firm, has raised debt of $65m which it will use to double production from its ruby...
Is the tide turning for SA’s alluvial diamond miners?
INVESTORS in alluvial diamond mining firms Trans Hex and Rockwell Diamonds may well have found their investment returns as desolate as the Northern Cape’s...