Diamonds

Zim gets diamond polishing centre

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A diamond firm operating from Zimbabwe's controversial Marange diamond fields has begun constructing a multi-million dollar cutting and polishing centre.

Diamonds: Zim propelled to the big league

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Zimbabwe may soon surpass top diamond producers like Russia, Botswana and SA.

‘Diamond industry must avoid conflict diamonds’

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The diamond industry, under scrutiny after supermodel Naomi Campbell's war crimes testimony and a crisis in Zimbabwe, must take decisive measures to avoid a potential return of conflict diamonds, campaigners say.

Trans Hex’s carat production below target

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Diamond mining company Trans Hex says its South African carat production has been below target for the year to date, primarily as a result of grade under-performance at Baken Mine.

Tawana sells Kareevlei Diamond Project

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Diamond mining junior Tawana Resources has agreed to sell its Kareevlei Diamond Project to Rolatseng Mining for R25m.

DiamondCorp loss widens

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DiamondCorp, a southern Africa focussed diamond mine development and exploration company, reports the widening of its first half net loss to £1.6m

Takeover offer for African Diamonds

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Lucara Diamonds seems the most likely candidate to take over African Diamonds which says it has received an unsolicited offer from a company it will not identify at this stage.

Zim poised for billion dollar diamond sale

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Zimbabwe's state coffers are poised for a huge cash injection as 4.5 million carats of diamonds, worth up to $1.7bn according to the government, go on sale in the capital Harare.

Marine gem hunter to list on JSE

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South African investors may soon be offered another chance to go marine diamond mining as TSX-listed Afri-Can Marine Minerals Corporation looks for a secondary listing on the JSE.

“I’m used to seeing diamonds in a box”

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British supermodel Naomi Campbell, testifying at the war crimes trial of former Liberian President Charles Taylor, said she's used to seeing diamonds in a box, and wouldn't have known they were diamonds if someone hadn't pointed it out.