Petra buys Finsch for R1.4bn
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
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
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
A strong recovery in diamond prices has boosted quarterly sales of the Canadian-based Rockwell Diamonds.
Petra posts output drop
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.
Zim given diamond sale go-ahead
Zimbabwe has been granted permission to continue conducting supervised sales of diamonds mined at the controversial Marange fields, says a government official.
De Beers unaware of Anglo buyout ‘plot’
The world's largest diamond producer De Beers has contradicted a report saying that Anglo American is planning to take it over.
Grace Mugabe sues over WikiLeaks
Zimbabwe President Robert Mugabe's wife is suing a newspaper for $15m for publishing a Wikileaks cable saying she benefited from illicit diamond trade, reports state media.
Rockwell CEO John Bristow quits
Rockwell Diamonds CEO John Bristow has resigned for unspecified reasons but will remain a director of the company.
Petra ups Koffiefontein stake
Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.