Diamonds

De Beers upbeat on consumer demand

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The all-important consumer side of the diamond business came back to life during 2010, according to De Beers, which predicts rising retail demand for diamonds this year.

Trans Hex tender sale nets R141m

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Trans Hex reports on its most recent sales figures.

How Petra got to outshine them all

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Over the past two years Petra has coped with the dramatic boom and bust cycle in the diamond business far better than its more highly touted competitors.

BRC Diamondcore, Rio in DRC venture

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BRC DiamondCore says it has entered into a JV agreement with Rio Tinto for a new exploration program in northern Democratic Republic of Congo.

Flooding halts Rockwell production

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Rockwell Diamonds says its alluvial mining operations in the Northern Cape have been affected by the recent heavy rainfall and subsequent flooding.

Petra buys Finsch for R1.4bn

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Petra Diamonds has bought the Finsch mine from De Beers which will boost the company into the world diamond mining big league producing nearly 3m carats annually.

Gem gets Gope mining licence

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Gem Diamonds has been awarded a mining licence for the Gope deposit in Botswana's Central Kalahari region and aims to start production in 2013.

Rockwell needs yet more funds

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Rockwell shareholders are unlikely to take kindly to the news that the junior diamond producer needs to find up to another C$9.3m barely a year after it raised C$17m.

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.