Diamonds

DiamondCorp issues shares for cash

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Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.

Mozambique to step up diamond controls

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Mozambique is speeding up preparations to join an international conflict diamond monitoring scheme amid widespread gem smuggling from Zimbabwe's Marange mines, reports state media.

Trans Hex on the up again

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It seems as if the "winds of change" are finally blowing strongly through diamond miner Trans Hex's corridors.

DiamondCorp’s Lace project to cost R126m

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DiamondCorp expects the development of its Lace project in the Free State to cost up to R126m.

New De Beers CEO fits the bill – Oppenheimer

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Nicky Oppenheimer spells out why Philippe Mellier is the first outsider to be appointed CEO of De Beers, and also talks about his own future role in the diamond group.

Trans Hex breaks free in Angola

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Trans Hex is tantalisingly close to getting rid of two of the biggest remaining millstones around its neck - the Luarica and Fucauma alluvial diamond mines in Angola.

Trans Hex upbeat on Namaqualand

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Trans Hex reckons there are "bonus" diamonds to be had at De Beers' Namaqualand Mines, which it can access because it owns the adjacent marine diamond concession.

State seeks to revive Alexkor

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State-owned diamond miner Alexkor is once again on the lookout for new mining ventures, says a senior government official.

Govt aims to break diamond dealers’ hold

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The state is looking to sidestep the grip of SA’s major polished diamond wholesalers on the local beneficiator industry by exploiting foreign legislation.

Rockwell makes operating profit

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Rockwell Diamonds has returned to profitability, although actual production fell short of internal management targets during the year to end-February.