Diamonds

Rockwell revenue rockets by 44pct

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A strong recovery in diamond prices has boosted quarterly sales of the Canadian-based Rockwell Diamonds.

Petra posts output drop

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Petra Diamonds says it remains on track to meet its target for higher full-year production, despite a 5.3% decline in first half output.

Zim given diamond sale go-ahead

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Zimbabwe has been granted permission to continue conducting supervised sales of diamonds mined at the controversial Marange fields, says a government official.

De Beers unaware of Anglo buyout ‘plot’

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The world's largest diamond producer De Beers has contradicted a report saying that Anglo American is planning to take it over.

Grace Mugabe sues over WikiLeaks

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Zimbabwe President Robert Mugabe's wife is suing a newspaper for $15m for publishing a Wikileaks cable saying she benefited from illicit diamond trade, reports state media.

Rockwell CEO John Bristow quits

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Rockwell Diamonds CEO John Bristow has resigned for unspecified reasons but will remain a director of the company.

Petra ups Koffiefontein stake

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Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.

WikiLeaks: Zim govt in blood diamond trade

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The illicit diamond trade in Zimbabwe has led to the murder of thousands and was financed in part by the central bank, according to US documents on WikiLeaks.

DiamondCorp raises more money for Lace

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Fund raisings by Firestone Diamonds and now DiamondCorp indicate investor sentiment towards the diamond mining sector is improving, which is good news for DiamondCorp.

Gem Diamonds bags millions for big stones

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Gem Diamonds Ltd has sold two major gems found at its Letseng mine in Lesotho for a total of $22.7m.