Botswana to dominate SA in diamond cutting
Botswana is going to far outclass SA when it comes to the local beneficiation of diamonds, following the new marketing deal it has negotiated with De Beers.
Diamond watchdog okays Zimbabwe sales
Zimbabwe has been allowed to export diamonds from its Marange fields by the industry's top certification system, says an industry group.
De Beers says signs $2bn debt deal
De Beers has signed a $2bn debt deal to refinance existing debt and fund growth.
Trans Hex progresses De Beers deal
Shareholders, board members and competition authorities have agreed to the acquisition of Namaqualand Mines by Trans Hex, but certain conditions precedent have yet to be fulfilled.
Rockwell Diamonds stays on course
New CEO James Campbell is keeping Rockwell Diamonds firmly on its new course as the group gets its existing operations up to speed and sizes up new growth opportunities.
Rio surrenders 51% stake in Murowa Diamonds
Rio Tinto has told Zimbabwe's government it will give up a 51% stake in its local diamond unit Murowa, reports state media.
DiamondCorp’s Lace project to cost 15% more
Diamondcorp says its Lace project in the Free State will cost 15% more than expected due to the weakening of the rand.
DiamondCorp confident over fundraising
DiamondCorp will need to raise more funds within the next 12 months to continue with the development of its Lace mine in the Free State.
Gem Diamonds unveils Letseng Star
Gem Diamonds has announced the naming and unveiling of the historic 550 carat diamond recovered from its Letšeng mine in Lesotho.
Rough diamond demand growth to hit record
De Beers is expecting global demand growth for rough diamonds to set a new record this year.