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.
Petra Diamonds profit dips, sees volatile prices
Petra Diamonds says core profit has fallen 5.4% in the year to end-June as higher rough diamond prices outweighs a decline in production and rising costs.
State-owned Alexkor posts operating profit
State-owned diamond miner Alexkor has posted its first gross operating profit in five years, says Deputy Public Enterprises Minister Ben Martins.
Petra upbeat on diamond fundamentals
Petra Diamonds says the diamond market may face some choppy waters for the foreseeable future, but that industry fundamentals will continue to support record prices.
Botswana reshapes the diamond business
Botswana is staking its claim to be the world's most important diamond centre through a radical overhaul of its relationship with De Beers.
De Beers signs 10-year Debswana deal
De Beers, the diamond miner and marketer in which Anglo American has a 45% stake, has signed a long-term contract with Botswana's Debswana.
Rockwell wants Sandile Zungu to cough up
New theme tune at Rockwell's head office has to be Bruce Springsteen's "pay me my money down" as CEO James Campbell goes after BEE partner Sandile Zungu for money owed.