Diamond market gains momentum, says Gem
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
South Africa's Competition Commission has given Anglo American's buy-out of De Beers the green light.
Rio Tinto reviews its diamond business
Rio Tinto says it has begun a strategic review of its diamonds business, a move which may include divesting from all its current interests.
GEM pulls out of running for Ekati
GEM Diamonds said it would focus on doubling the capacity of its Letseng mine in
Lesotho rather than chasing the Ekati mine, the BHP Billiton mine currently under
the hammer.
Rockwell, Zungu settle R60m debt dispute
Rockwell Diamonds will assume control of a mining asset owned by Sandile
Zungu’s African Vanguard Resources, bringing an end to the parties’ R60m
dispute over an unpaid BEE deal.
Harry Winston, others circle BHP’s diamonds
Diamond miner and luxury jeweller Harry Winston is among several potential suitors circling BHP Billiton's majority stake in the EKATI diamond mine in Canada.
Botswana launches state diamond trader
Botswana has formed a new state-owned diamond trading company that will purchase, market and sell a portion of Debswana production, according to a report.
Namaqualand deal ‘progressing’, says Trans Hex
Trans Hex said discussions were ongoing to buy De Beers Consolidated Mines'
Namaqualand Mines, a transaction first opened nearly a year ago.
Petra lifts SA mines stakes in R132m deal
Petra Diamonds earmarks 2.2 million carats in diamond production for this year
and says it has lifted its interest in seven of its South African mines.
De Beers coy on 2012’s prospects
De Beers CEO Philippe Mellier is cautious over the diamond market’s near-term
prospects, saying the group will prioritise maintenance backlogs and waste stripping
this year.