Lucapa to sell 70% stake in Lesotho diamond mine, Mothae
LUCAPA Diamond Company is to sell its 70% stake in Lesotho mine Mothae following an asset review.
"On review, it is clear the company should...
Anglo to cut ties with Amplats, De Beers in historic restructure
ANGLO American today announced a radical restructure – its most far-reaching in decades – in which it would demerge its 79% owned Anglo American...
Botswana vows to protect interests in potential BHP-Anglo deal
BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to...
BHP offer values Anglo American at R742bn with De Beers future...
BHP has published the details of its offer for Anglo American which values Anglo at £31.1bn (R742bn) equivalent to £25.08 per Anglo ordinary share...
De Beers in the firing line as BHP bids for Anglo...
De Beers could be on the chopping block along with Anglo American Platinum and Kumba Iron Ore if BHP’s all-share offer to take over...
De Beers chops its production forecast for 2024 as the diamond...
De Beers has chopped its rough diamond production forecast for 2024 by about 10% dropping it to between 26m and 29m carats from the...
The global rough diamond market continues its gradual recovery but it’s...
The gradual recovery in the rough diamond market noted by De Beers in January and March has continued with a further rise in diamond...
Petra holds its ground on the operating and financial fronts as...
Petra Diamonds showed some welcome operating stability in the March quarter while the company confirmed its production guidance for the financial year to end-June...
ETFs in diamonds backed as a necessary step change
AFTER missed copper production guidance last year, the next most criticised aspect of Anglo American’s performance for the 12 months ended December was its...
Lucapa appoints ex-De Beers head as non-executive chairman
LUCAPA Diamond Co. said it had appointed ex-De Beers head Stuart Brown as its non-executive chairman. He replaces Mikes Kennedy in the role.
In addition...