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.
Trans Hex skids 20% after R87m reversal
Shares in Trans Hex lost 20% on the JSE after the company said interim figures would show a negative R87m reversal in fortunes.
Firestone’s Brown targets $200m in finance
Stuart Brown, CEO of Firestone Diamonds, has been treading the streets of London in search of funds that will transform Liqhobong into a 1m carat a year mine.
Trans Hex sets Oct. 15 for “urgent” NM deal
Trans Hex has set down October 15 as the date for completion of the R166m acquisition of Namaqualand Mines (NM), a transaction it described as "urgent".
Embattled Trans Hex backed by shareholders
Trans Hex has certainly suffered the effects of a torturously slow regulatory process on its Namaqualand diamond deal but the stock is a keeper, say shareholders.
Petra targets 3m carats as gem market firms
Petra Diamonds said it could produce as much as 3 million carats in the current financial year amid a firm diamond market.
De Beers settles 9% wage increase
De Beers said it had averted strike action at its mines following a 9% wage increase agreement with the National Union of Mineworkers.