Diamonds

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.

Zim given diamond sale go-ahead

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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’

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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

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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

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Rockwell Diamonds CEO John Bristow has resigned for unspecified reasons but will remain a director of the company.

Petra ups Koffiefontein stake

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Petra Diamonds has increased its effective interest in its Koffiefontein mine from 70% to 74%.

WikiLeaks: Zim govt in blood diamond trade

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The illicit diamond trade in Zimbabwe has led to the murder of thousands and was financed in part by the central bank, according to US documents on WikiLeaks.