Diamonds

Zimbabwe bid to end Marange sanctions boosted

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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

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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

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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’

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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

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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

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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

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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

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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

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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

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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.