Diamonds

Rockwell finalises two strategic projects

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Rockwell Diamonds says it has successfully completed the installation of a new in-field screen and the bulk x-ray and single particle sorter plant at its Saxendrift mine.

DiamondCorp in R280m loan deal with IDC

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DiamondCorp subsidiary Lace Diamond Mines has entered into a R280m loan term sheet agreement with the Industrial Development Corporation.

Trans Hex sees major swing to profitability

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Diamond miner Trans Hex says it expects to report an annual net profit of around R208m, compared to a loss of R45.1m during its previous financial year.

Petra Diamonds Q3 production surges

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Higher diamond prices and a contribution from Finsch mine helped Petra Diamonds record a near doubling in diamond production quarter-on-quarter.

Botswana reaps rewards of De Beers move

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The move of the De Beers Diamond Trading Company from London to Gaborone in Botswana is one of the biggest ever transfers of economic activity in the history of Africa.

Lucara’s Karowe produces first diamonds

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Lucara Diamond Corp says the commissioning of its Karowe mine processing plant is progressing according to schedule and that first production diamonds have been uncovered.

Rockwell reaps rewards of new focus

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Rockwell Diamonds is reaping the rewards of its redrafted strategy, posting quarterly carat production increases of at least 50% across its asset base.

Diamond market gains momentum, says Gem

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Gem Diamonds says the market for rough diamonds has continued to improve, following the correction of prices in September 2011.

Watchdog approves Anglo’s De Beers deal

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South Africa's Competition Commission has given Anglo American's buy-out of De Beers the green light.

Rio Tinto reviews its diamond business

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Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests.