Diamonds

James Campbell takes over at Rockwell

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African Diamonds ex-MD James Campbell has been appointed the new CEO of Rockwell Diamonds, where he will immediately have to convince investors to plough more money into the company.

IPO unlikely, says Namdeb

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An initial public offering for Namdeb Diamond Corp is not on the cards, says the group's financial manager.

DiamondCorp starts mining at Lace

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DiamondCorp is mining a 30,000t bulk ore sample from its Lace mine in the Free State, after the new decline shaft intersected the kimberlite pipe at a depth of 260m.

Hurdles may scupper Namaqualand deal

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A proposed deal between Trans Hex and De Beers on Namaqualand Mines is subject to some conditions which may prove difficult to meet.

Botswana woos foreign jewellers

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Botswana plans to slash red tape to get international jewellery makers to set up shop in the country.

Outrage as Zim diamonds go on sale

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Industry groups and watchdogs have slammed a unilateral decision to allow Zimbabwe to sell diamonds from its disputed Marange fields.

Gem, Lucara in merger talks

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Gem Diamonds says it is in talks with Canadian-listed Lucara Diamond Corporation over a possible merger.

Mothae to test diamond market

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Lucara Diamond says its subsidiary Mothae Diamonds will be holding its first diamond sale later this month.

Gem to spend $85m on Gope mine

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Gem Diamonds has cut the first phase cost of the Gope mine to $85m by going for an underground operation via a decline shaft, instead of developing a traditional open pit mine.

Police pounce on Van Kerrebroeck

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The South African Police Force has arrested a 32-year old man - believed to be alleged company hijacker Dennis Van Kerrebroeck - in connection with diamond theft.