Diamonds

Union declares De Beers dispute

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South Africa's biggest union says it has declared a wage dispute with the world's top diamond producer De Beers, and has asked an arbitration authority to mediate.

A new plan for troubled State Diamond Trader

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South Africa's government has developed a new business model for the State Diamond Trader, which has not worked according to expectations.

De Beers confirms sale of Jagersfontein

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De Beers Consolidated Mines has confirmed that the closing date for expressions of interest in the Jagersfontein Diamond Property in the Free State is on Friday this week.

De Beers extends sight contracts by a year

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De Beers' company, the Diamond Trading Company, extends sightholders' contracts by a year.

Rough diamonds show resilience

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Continued strong demand for rough diamonds will see significant gains in revenue and cash flow for all diamond miners this year according to RBC Capital Markets analyst Des Kilalea.

Barend Petersen new CEO of De Beers

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Diamond giant De Beers has announced the appointment of Barend Petersen as CEO of De Beers Consolidated Mines (DBCM) with effect from April 2010.