Rio’s Murowa cut output 61% to avoid tax
Output at Rio Tinto's Murowa diamond mine was 61% in the first quarter in an effort to minimise the impact of a beneficiation tax that will not be applied.
Timeless De Beers buys priceless time for Anglo
De Beers may sell timeless love in a jewell but it's providing priceless time to Anglo American which continues to wade through its divestment strategy.
De Beers sounds bullish note on jewellery sales
Diamond jewellery sales reached a new high in 2014 and the outlook for further growth in 2015 was promising, said De Beers.
Zim diamond miners told to sell 50% in shares
Diamond mining firms in Zimbabwe will have to sell 50% of their businesses to state-owned companies, according to comments in the country's parliament.
Diamond price weakness ‘short-lived’
Analysts said the recent pull-back in diamonds would be short-lived adding that Petra Diamonds and Anglo American were buying opportunities.
Rockwell unveils C$28.5m diamond deal
Rockwell Diamonds delivered on long-standing promises to capitalise on growth by consolidation unveiling a deal with a neighbour in the Northern Cape.
Petra lines up dividends in $98m BEE refinance
Petra boosts cash flow and lines up the start of dividends this financial year after two banks agreed to finance the firm's BEE partners to the tune of $98m.
Bristow lends Rockwell $1.1m helping hand
Mark Bristow, CEO of Randgold Resources, will become a major shareholder in Rockwell Diamonds after accepting $1.1m in convertible debentures in the firm.
Anglo to wait a year for De Beers credit
Anglo American CEO, Mark Cutifani, expected it would take more than a year before credit for De Beers' performance was factored into the UK firm's share.
Trans Hex books R94m profit turnaround
Trans Hex completely transformed its fortunes in the six months ended September followed an increase in South African production, and higher revenue.