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...
Burden of compliance hurting juniors: Petra’s Dippenaar
PETRA Diamonds CEO, Johan Dippenaar, said it would be "very difficult" to develop a junior mining firm like his in the current regulatory environment...
Anglo appoints Cleaver De Beers CEO after Mellier bids adieu
ANGLO American executive, Bruce Cleaver, will become CEO of De Beers following the resignation of Philippe Mellier who said he wanted to honour an...
Rio Tinto defends Zimbabwe diamond sale amid storm
Rio Tinto defended its decision to sell a 78% stake in Murowa Diamonds and Sengwa Colliery to RZ Murowa Holdings - a transaction that...
De Beers sacrifices 7.5% of sales for 10-year Namibia deal
THE newly signed 10-year marketing agreement between De Beers and Namibia removed uncertainty for the Anglo American diamond producer but it ran the risk...
Petra’s Dippenaar tempers “good feeling” on diamond market
SHARES in Petra Diamonds fell nearly 12% despite CEO Johan Dippenaar's generally bullish appraisal of the diamond market over the medium term and an...
What De Beers thinks of selling granny’s diamonds
FOR decades De Beers sold diamonds on the basis of their eternal and unique appeal. Both these characteristics, however, are being unseated by a...
De Beers rough diamond sales total $660m in third cycle
DE BEERS' rough diamond sales totalled $660m in the third cycle of 2016 reflecting a "reasonably positive trend", said Philippe Mellier, CEO of the...
Kimberley museum ‘enraged’ as miner threatens stone age site
THE McGregor Museum in South Africa's Kimberley has interdicted diamond mining on Canteen Kopje - an internationally famous archaeological site near Barkly West –...
GEM slows Ghaghoo to protect balance sheet
GEM Diamonds said it was on track to pay dividends for 2015 but that it would slow the ramp-up of its Botswana project Ghaghoo until the market revived.