De Beers, Zim diamond feud gets nasty
De Beers says it left its operations in Zimbabwe because the deposits did not meet the company’s expectations, but the group is facing lawsuit threats from that government.
Trans Hex expects swing to profitability
Trans Hex has advised it expects to post a swing in its interim earnings back to a profit on the back of improved production and increased sales.
Oppenheimers sell out of De Beers
After more than a century's involvement in diamonds, the Oppenheimer family is to bid goodbye to its 40% stake in De Beers after it accepted a $5.1bn offer from Anglo American.
Carroll rules out De Beers IPO
UPDATED: Anglo American’s dilemma with Codelco has no bearing on its decision to buy-out the Oppenheimers’ stake in De Beers. It also has no intention to list the diamond miner, says the company.
The Oppenheimers eye new projects in Africa
Nicky Oppenheimer has no intention of leaving the $5.1bn he will get from Anglo American for De Beers in the bank. He and son Jonathan intend using some of the proceeds to go mining in Africa.
De Beers on the hop over SA ‘exit’
De Beers Consolidated Mines has told parliament it's not planning to leave South Africa, despite a sell-off of its assets.
Compromise on Marange diamonds ‘necessary’
The US has agreed to a compromise allowing Zimbabwe to export diamonds, to prevent the paralysis of the global system for stopping trade in "blood diamonds", says its State Department.
Botswana to dominate SA in diamond cutting
Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.
Diamond watchdog okays Zimbabwe sales
Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.
De Beers says signs $2bn debt deal
De Beers has signed a $2bn debt deal to refinance existing debt and fund growth.