Rockwell signs $7.2m BEE deal, mulls growth
Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.
RAC lifts stake in Trans Hex as NM deal looms
RAC, a joint venture between RECM and Calibre Ltd, moved to protect its interests in the diamond producer ahead of the Namaqualand Mines transaction.
Trans Hex hails market “momentum”
Trans Hex said sales from the first three tenders of this year were up a fifth on owing to positive momentum in the rough diamond market.
Rockwell bursts into profit as rebuild delivers
Rockwell Diamonds surged into a net profit in the first quarter suggesting that its three-year turnaround strategy was finally bearing fruit.
De Beers seals sightholder sales BEE deal
De Beers Consolidated Mines has bought De Beers Sightholder Sales South Africa which enables it to meet its 26% empowerment target set by the government.
Petra to earn $10m-$26m on Cullinan find
Petra Diamonds' recent 122.5 carat find at its Cullinan mine is likely to give its new financial year, which kicks off on July 1, a major boost.
Gem Diamonds raises prospect of dividend
Gem Diamonds is hoping its 2014 will consolidate its comeback after a nightmare 2012 characterised by write-downs and losses.
Rockwell’s Campbell weighs growth options
It's been a grind for James Campbell, CEO of Rockwell Diamonds, but the company may broaden its scope in 2014.
Trans Hex banks on R73m/year cashflow
Trans Hex's three year pursuit of Namaqualand Mines may just have been worth waiting for on the evidence of its financial forecasts published today.
Trans Hex recoups losses on NM deal
Trans Hex has taken shareholders on a roller-coaster this week announcing the imminence of poor interims and now completing the takeover of Namaqualand Mines.