Lucara fields inquiries “every week” for 1,111 carat Lesedi gem
LUCARA Diamond Corporation was receiving two to three inquiries per week from people interested in buying Lesedi La Rona (Our Light), a 1,111 carat...
Lucara Diamond Corp. pays $132m special dividend
LUCARA Diamond Corporation, the Botswana-based firm, said it would pay a C$172m ($132m) special dividend to shareholders taking the total dividend paid in its...
Lucapa Diamonds may lift Lulo stake in Endiama share swap
LUCAPA Diamond Company, the Sydney-listed diamond producer and exploration firm, is in discussions to increase its stake in its 40%-owned Lulo diamond mine in...
Gemfields secures $65m for output lifts at Kagem, MRM
GEMFIELDS, the £198m coloured gemstone mining and marketing firm, has raised debt of $65m which it will use to double production from its ruby...
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...