Diamonds

Trans Hex’s carat production below target

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Diamond mining company Trans Hex says its South African carat production has been below target for the year to date, primarily as a result of grade under-performance at Baken Mine.

Tawana sells Kareevlei Diamond Project

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Diamond mining junior Tawana Resources has agreed to sell its Kareevlei Diamond Project to Rolatseng Mining for R25m.

DiamondCorp loss widens

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DiamondCorp, a southern Africa focussed diamond mine development and exploration company, reports the widening of its first half net loss to £1.6m

Takeover offer for African Diamonds

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Lucara Diamonds seems the most likely candidate to take over African Diamonds which says it has received an unsolicited offer from a company it will not identify at this stage.

Zim poised for billion dollar diamond sale

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Zimbabwe's state coffers are poised for a huge cash injection as 4.5 million carats of diamonds, worth up to $1.7bn according to the government, go on sale in the capital Harare.

Marine gem hunter to list on JSE

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South African investors may soon be offered another chance to go marine diamond mining as TSX-listed Afri-Can Marine Minerals Corporation looks for a secondary listing on the JSE.

“I’m used to seeing diamonds in a box”

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British supermodel Naomi Campbell, testifying at the war crimes trial of former Liberian President Charles Taylor, said she's used to seeing diamonds in a box, and wouldn't have known they were diamonds if someone hadn't pointed it out.

Naomi Campbell testifies in blood diamond trial

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Naomi Campbell has testified at the war crimes trial of former Liberian leader Charles Taylor, who prosecutors say gave a "blood diamond" to the British supermodel.

Hollywood enters blood diamond fray

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Actress Mia Farrow and her agent will testify in August about a blood diamond given to model Naomi Campbell by Charles Taylor, Liberia's former premier, now up for war crimes.

Petra and Trans Hex to size up Finsch

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Petra Diamonds and Trans Hex look the most obvious contendors to buy the Finsch diamond mine but De Beers could find these negotiations a lot tougher than those over the sale of its Cullinan mine.