Petra’s Dippenaar tight-lipped on dividend as makes ‘final push’
PETRA Diamonds CEO, Johan Dippenaar, kept his cards close to his chest regarding his firm's intentions on the resumption of the dividend, saying it...
Rescue of DiamondCorp’s Lace mine hangs in balance
BUSINESS Rescue Proceedings (BRP) aimed at saving DiamondCorp's Lace mine were in danger of failure after a number of agreements required to implement the...
IDC given Jan 30 deadline to save DiamondCorp’s Lace mine
DIAMONDCORP has until January 30 to avoid going into administration which is the date given to one of its largest lenders, the Industrial Development...
Petra insists challenging illegal mining not an output threat
DEALING with the illegal miners operating on surface on mining rights belonging to Petra Diamond’s Kimberley Ekapa Mining (KEM) joint venture "... remains...
Rockwell pins hopes on $8m business restructure amid Q3 loss
ROCKWELL Diamonds posted a $5.5m net loss for the third quarter (2016: -$10.5m), but said a $8m spending plan, approved by the board on...
Rockwell sells Remhoogte and Saxendrift for R45m
ROCKWELL Diamonds has pressed ahead with its restructuring programme announcing today it had signed an agreement to sell its Remhoogte and Saxendrift mines to...
Bristow plans recap of Rockwell after period of ‘fumigation’
A CONSORTIUM led by Mark Bristow, possibly assisted by a third party, would reinvest in Rockwell Diamonds following a period of "fumigation", the company...
Eqstra to seek damages after Lucara ends R500m/year contract
LUCARA Diamond Corporation (Lucara) may have a fight on its hands after Extract Group said it would seek damages for a R500m per year...
Lucara Diamond Corp. to lift dividend 66% in 2017
LUCARA Diamond Corporation, a Toronto-listed firm that mines from Botswana's Kaorwe mine, said it would increase its annual dividend to 10 Canadian cents per...
Rockwell in liquidation bid as audit uncovers irregular deals
ROCKWELL Diamonds has suspended operations at its Wouterspan plant in South Africa's Northern Cape following a contract dispute with a mining contractor that has...