Trans Hex progresses De Beers deal
Shareholders, board members and competition authorities have agreed to the acquisition of Namaqualand Mines by Trans Hex, but certain conditions precedent have yet to be fulfilled.
Rockwell Diamonds stays on course
New CEO James Campbell is keeping Rockwell Diamonds firmly on its new course as the group gets its existing operations up to speed and sizes up new growth opportunities.
Rio surrenders 51% stake in Murowa Diamonds
Rio Tinto has told Zimbabwe's government it will give up a 51% stake in its local diamond unit Murowa, reports state media.
DiamondCorp’s Lace project to cost 15% more
Diamondcorp says its Lace project in the Free State will cost 15% more than expected due to the weakening of the rand.
DiamondCorp confident over fundraising
DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.
Gem Diamonds unveils Letseng Star
Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.
Rough diamond demand growth to hit record
De Beers is expecting global demand growth for rough diamonds to set a new record this year.
Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.
Petra upbeat on diamond fundamentals
Petra Diamonds says the diamond market may face some choppy waters for the foreseeable future, but that industry fundamentals will continue to support record prices.