Rockwell bursts into profit as rebuild delivers
Rockwell Diamonds surged into a net profit in the first quarter suggesting that its three-year turnaround strategy was finally bearing fruit.
De Beers seals sightholder sales BEE deal
De Beers Consolidated Mines has bought De Beers Sightholder Sales South Africa which enables it to meet its 26% empowerment target set by the government.
Petra to earn $10m-$26m on Cullinan find
Petra Diamonds' recent 122.5 carat find at its Cullinan mine is likely to give its new financial year, which kicks off on July 1, a major boost.
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".