Talks with Botswana on new diamond deal held “in good spirits”...
ANGLO American CEO, Duncan Wanblad said negotiations over a new diamond marketing agreement between its 85%-owned De Beers and Botswana had been held "in...
Are diamonds for Anglo? De Beers’ slump raises questions
IN 2022, Petra Diamonds CEO Richard Duffy said the market for diamonds was undergoing a positive "structural change". It was not a "bubble or a...
Petra’s 425 carat Cullinan recovery a ray of light, sparks share...
THE discovery of a large 425 carat diamond at Petra Diamonds’ Cullinan mine in South Africa was today described as a positive financial boost...
Botswana on track to sign new diamond sales deal with De...
A NEW diamond sales agreement between De Beers and the Botswana government would be concluded after the southern African country completed national elections next...
Firestone Diamonds shares regain lost territory after power to Liqhobong restored
FIRESTONE Diamonds lost $1.1m renting diesel generators whilst its Liqhobong mine in Lesotho was without grid power in October.
The UK-listed diamond miner said in...
Gemfields warns extended COVID-19 travel restrictions could wipe out $25m cash...
THE financial performance of Gemfields this year would be heavily affected by the COVID-19 pandemic which had "put on hold" gemstone auctions responsible for 93%...
Covid-19 may delay signing of new diamond sales deal between De...
COVID-19 related travel restrictions could result in De Beers failing to renew its sales agreement with joint venture partner, Botswana, before its year-end expiration.
Reuters...
Lucara secures renewal of Karowe mining licence ahead of financing $514m...
LUCARA Diamond Corporation said today it expected to complete financing for the $514m underground expansion of Karowe, a mine in Botswana, in the second...
De Beers racks up $2.5bn in 2021 sales after India recovers...
DE BEERS recorded provisional fifth cycle sales of $470m following a recovery in the Indian midstream sector and improved jewellery demand in the US...
Lucapa Diamond Co. continues debt repayment progress
LUCAPA Diamond Company made further in-roads into its debt pile after it repaid A$10.5m to New Azilian, a company associated with the firm's non-executive...