Diamonds

Diamond price lift to bolster De Beers’ Gahcho Kué in 2018

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A FOUR percent increase in diamond prices would provide a boost to diamond mines especially at the Northwest Territories operation Gahcho Kué which is...

Desperately seeking the suitor after Gem’s Ghaghoo diamond mine

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This article has been edited to remove the statement that Diacore is part of the Beny Steinmetz group. Miningmx apologises for the error. Puzzling questions...

De Beers ends 2017 with “steady as she goes” diamond sales

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Provisional diamond sales at the tenth - and last -  De Beers “sight” for 2017 amounted to $450m which was 3% down on the...

GEM sticks to diamond sales guidance despite hitch at Letšeng

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GEM Diamonds has made an adjustment to its full-year ore treatment forecast after locating a crack in its plant equipment at its Letšeng mine, the...

Pressure turned up a notch on Petra as net debt climbs...

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THE pressure on Petra Diamonds' balance sheet was turned up a notch at the close of the first quarter after net debt came in...

Petra liquid enough to survive expected debt covenant failures

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PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...

Lucapa raises $15m for Lesotho diamond prospect Mothae

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PRIVATE equity has agreed to provide $15m (R207m) to Lucapa Diamonds for first phase production of Mothae, a diamond project in Lesotho the Australian-listed...

Life looks up for Petra after strike ends at Finsch, Koffiefontein

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PETRA Diamonds said full year production guidance of between 4.8 million to five million carats would be unaffected by a ten day strike at...

Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m

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LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...

Rockwell put into provisional liquidation as Metis bows out

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ROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firm's business...