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...
Diamond market fragile but dearth of new supply by 2018
ANOTHER 'sight', another respectable showing for De Beers which said earlier this month diamond sales for its ninth cycle had amounted to $470m compared...
Misfortune, mishap forces DiamondCorp into business rescue
DIAMONDCORP'S Lace diamond mine would be placed in business rescue after misfortune heaped upon mishap had made it impossible for the project to reach...
Lucara maintains payout tempo as ‘exceptional’ tender beckons
LUCARA Diamond, emboldened by the prospect of two tenders in the last quarter of its financial year and lower average annual costs at its...
DiamondCorp calls off sale process as Lace starts to improve
DIAMONDCORP, a Johannesburg-listed diamond producer, said it had called off plans to sell the business as offers had been "opportunistic" and did not correctly...
Diamond market may grow by up to 10% for two years
DE Beers last month said it had sold $485m worth of diamonds in its eighth sight, where it meets with pre-approved buyers of its...
“Lumpy” Trans Hex delivers profit, share hits two-year high
TRANS Hex, an alluvial diamond mining company, lived up to the 'lumpy' descriptor given to it by shareholder Piet Viljoen after it delivered a...
Pallinghurst’s Gemfields finding favour after mid-year slump
PALLINGHURST Resources CEO, Arné Frandsen, warned investors in August that it was perhaps too early to call the recovery of the commodity markets.
He may...