Zungu committed to Rockwell, deal imminent
Rockwell Diamonds and Sandile Zungu's African Vanguard Resources are close to finalising a restructuring of their business relationship.
Anglo shareholders back De Beers deal
Shareholders in Anglo American have approved the global miner's $5.1bn acquisition of an additional 40% stake in De Beers.
Petra’s blue diamond fetches record price
Petra Diamonds says it has sold a blue diamond mined in SA for a record $300 000 a carat.
BHP sells Chidliak diamond stake
BHP Billiton will sell its majority stake in the Chidliak exploration project in northern Canada to partner Peregrine Diamonds, less than a month after announcing a review of its diamond assets.
Global Witness exits ‘blood diamond’ scheme
Campaign group Global Witness has pulled out of the Kimberley Process, calling the scheme outdated and a failure, almost nine years after its launch.
Diamond demand to outpace supply to 2020
Chinese and Indian appetite for diamonds will fuel demand growth of more than 6% a year over the next decade, far outpacing supply increases, says Bain & Company.
Tiffany sales growth shows signs of slowing
Concerns about slowing sales momentum took some of the luster off Tiffany & Co's stock amid signs that European and US economic distress are weighing on luxury consumers.
BHP Billiton wants out of diamonds
BHP Billiton is looking to exit the diamond business as the contribution of the division to the overall performance of the group remains insignificant, with limited options available to grow.
Johann Rupert confirms diamond tailings ventures
Johann Rupert's Reinet Investments has confirmed it will be part of a new waste tailings diamond venture at De Beers' former Jagersfontein mine in the Free State.
Ex Alexkor CEO under parliament’s spotlight
Parliament has lifted the lid on former Alexkor CEO Khetiwe Maseko-McClain’s time in office at the state-owned diamond miner, soon after her three-year term came to an end.