Gem dispatches Ellendale mine
Gem Diamonds surprised the market by selling its Ellendale mine in Australia after earlier this year suspending the process as bids were too low.
Zimbabwe bid to end Marange sanctions boosted
Zimbabwe's bid to have sanctions lifted over diamonds produced from Marange has received a boost as South Africa's Welile Nhlapo is appointed chairperson of the Kimberley Process Certification Scheme.
Harry Winston swoops on BHP’s Ekati
Harry Winston Diamond Mines completed its swoop on BHP Billiton's $750m a year Ekati diamond mine in a deal value at $500m.
Toronto diamond firm mulls JSE listing
Toronto-listed Afri-Can Diamonds, which digs for diamonds off Namibia’s coastline, is
considering a secondary listing in Johannesburg.
De Beers sets out to ‘change the stationery’
De Beers is ditching the De Beers Consolidated Mines brand some 125 years into the
company’s existence.
De Beers registers $750m in October sight
De Beers’ marketing arm, the Diamond Trading Company, is estimated to have sold
$750m in rough diamonds, the best sight of the year so far.
Carroll takes up De Beers chair
Cynthia Carroll, CEO of Anglo American, has been appointed chairperson of diamond
business De Beers in which the UK-listed group recently extended control to 85%.
Scouting for diamonds in the rough
Don’t sell your diamond shares. And definitely don’t sell them if you happened upon
the irrepressibly enthusiastic reports of meteorites holding trillions of carats.
Anglo completes De Beers transaction
Anglo American says it has completed the acquisition of the Oppenheimer
family’s 40% stake in De Beers.
DTC sales channel not threatened by Botswana shift
De Beers’ Diamond Trading Company says sightholders will flock to Botswana
once sights are held there in about a year’s time, according to group CEO
Philippe Mellier.