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.
De Beers registers $750m in October sight
De Beers’ marketing arm, the Diamond Trading Company, is estimated to have sold
$750m in rough diamonds, the best sight of the year so far.
Carroll takes up De Beers chair
Cynthia Carroll, CEO of Anglo American, has been appointed chairperson of diamond
business De Beers in which the UK-listed group recently extended control to 85%.
Scouting for diamonds in the rough
Don’t sell your diamond shares. And definitely don’t sell them if you happened upon
the irrepressibly enthusiastic reports of meteorites holding trillions of carats.
Anglo completes De Beers transaction
Anglo American says it has completed the acquisition of the Oppenheimer
family’s 40% stake in De Beers.
DTC sales channel not threatened by Botswana shift
De Beers’ Diamond Trading Company says sightholders will flock to Botswana
once sights are held there in about a year’s time, according to group CEO
Philippe Mellier.
Trans Hex, De Beers rewrite Namaqualand deal
De Beers will continue to hold one mining right and the majority of the
environmental liability once its transaction with Trans Hex over the sale of
Namaqualand Mines is concluded.
Petra to cast net wide for “fissure mine’ buyers
Johan Dippenaar, Petra Diamonds CEO, says the non-core fissure mines have up
to 12 years of life left, with a deal to be finalised within months.