Zimbabwe to resume diamond exports
Zimbabwe plans to resume selling diamonds from its controversial Marange fields within days, saying it fully meets the standards required by the body that regulates trade in conflict diamonds.
Trans Hex shares hit gravel
Shares in diamond miner Trans Hex have plummeted almost 9% following an unfavourable interim trading update.
Old Mutual linked to Zim probe
A SA company, with ties to Old Mutual, has been asked to disclose details on a subsidiary's operations in Zimbabwe's Marange diamond fields.
More extensions for Debswana’s Jwaneng
Debswana has commenced with prefeasibility studies to extend the lifespan of its flagship Jwaneng mine beyond 2024.
Rockwell Diamonds cuts losses
Rockwell Diamonds is back to operating profitability and has reduced its overall loss position significantly on the back of rising production and rough diamond prices.
India opens diamond exchange
India is taking a major step towards becoming a global trading centre for diamonds with a newly launched exchange.
De Beers ups output as demand picks up
Diamond producer De Beers expects to boost production in SA by nearly 50% this year as global demand recovers, but has abandoned efforts to mine gems in coastal waters.
Lucara bids for African Diamonds
Lundin group company Lucara Diamonds is going for full control of the AK6 mine in Botswana through a takeover bid to acquire from African Diamonds the remaining 40% it does not already own.
Petra secures $78m in new loans
Petra Diamonds will use new debt facilities to finance expansion of the Williamson mine in Tanzania and the Cullinan mine in SA.
Petra confirms Finsch, Namaqualand bid
Petra Diamonds said it was pressing forward with bids for more De Beers mines after telling Miningmx in July it was assessing the situation.