De Beers commits R20bn to Venetia extension
In a much-needed boost to South African mining, De Beers said it would pump R20bn into extending its Venetia diamond mine in the country's Limpopo province.
De Beers bullish on Angola mining prospects
De Beers said it was confident of finding a mine in Angola that would help it recoup the $250m it had spent in exploration there since returning to the country in 2005.
Rockwell “optimistic” on 2013 price growth
Rockwell Diamonds CEO, James Campbell, said an inventory of diamonds would allow the company to capitalise on any improvement in the world diamond market.
De Beers expects price growth in 2013
De Beers CEO, Philippe Mellier, says the diamond company should produce 27 million carats in 2013 which would provide a platform for price growth.
Rockwell to mothball Tirisano amid cash burn
Rockwell Diamonds said it was unable to stem losses at its Ventersdorp alluvial diamond mine, Tirisano, but added funding of its project pipeline remained intact.
Gem dispatches Ellendale mine
Gem Diamonds surprised the market by selling its Ellendale mine in Australia after earlier this year suspending the process as bids were too low.
Zimbabwe bid to end Marange sanctions boosted
Zimbabwe's bid to have sanctions lifted over diamonds produced from Marange has received a boost as South Africa's Welile Nhlapo is appointed chairperson of the Kimberley Process Certification Scheme.
Harry Winston swoops on BHP’s Ekati
Harry Winston Diamond Mines completed its swoop on BHP Billiton's $750m a year Ekati diamond mine in a deal value at $500m.
Toronto diamond firm mulls JSE listing
Toronto-listed Afri-Can Diamonds, which digs for diamonds off Namibia’s coastline, is
considering a secondary listing in Johannesburg.
De Beers sets out to ‘change the stationery’
De Beers is ditching the De Beers Consolidated Mines brand some 125 years into the
company’s existence.