Diamonds

SA diamond sector dying on the vine

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South Africa's diamond sector - which should be a feather in the cape of the government's beneficiation policy - was withering to extinction, experts say.

Trans Hex caps good year with 10c/s payout

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Trans Hex paid a full-year 10c/share dividend following up its earlier 50c/share special dividend capping a strong showing in the year to March.

Rockwell shelves equity finance for Remhoogte

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Rockwell Diamonds has abandoned an equity financing for its Remhoogte/Holsloot Project in favour of bridging finance and lowers the acquisition cost some 24%.

State Diamond Trader under attack

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The State Diamond Trader is fundamentally flawed and its operating model should be reviewed or the entity abolished according the Democratic Alliance.

Rio’s Murowa cut output 61% to avoid tax

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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

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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

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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

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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’

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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

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Rockwell Diamonds delivered on long-standing promises to capitalise on growth by consolidation unveiling a deal with a neighbour in the Northern Cape.