Weak diamond market claims scalp as Debswana Mining prepares to shut...
WEAKNESS in the diamond market this year has led to the proposed closure of Botswana's Damtshaa, a mine owned by Debswana Mining Company, said...
Lucapa Diamond raises $10m in share issue to propel $8.5m Mothae...
LUCAPA Diamond Company raised $10m through a share issue with the proceeds primarily to be directed to the $8.5m expansion of its Mothae mine...
Lucara Diamond reprises Louis Vuitton deal with sale of 549 carat...
LUCARA Diamond Corporation is to sell its 549 carat white gem diamond - "Sethunya" (flower: Setswana) - to Louis Vuitton that reprises a polishing...
GEM moves into $1.1m net cash as opens second half of...
GEM Diamonds opened the second half of its 2020 financial year in good form demonstrating an almost complete recovery from the Covid-19 lockdown, registering...
Petra Diamonds begins recovery amid fragile market as Covid-19 resurgence poses...
THE diamond market was showing signs of recovery, but risks abounded as a resurgence in Covid-19 disease rippled through Europe and elsewhere, said Petra...
Petra Diamonds to hand 91% of company to note holders after...
PETRA Diamonds is to convert about half of outstanding loan note debt to shares which will hand some 91% of the firm’s enlarged share...
De Beers registers 40% leap in diamond sales as uncut gem...
DE Beers registered diamond sales totalling $467m for its eighth sight - a 40% increase over the confirmed seventh sight sales - in a...
Lucapa Diamond re-opens Mothae mine after six month Covid-19 induced hiatus
LUCAPA Diamond Company has re-opened Mothae mine in Lesotho after a six month Covid-19 induced hiatus, the company said on Thursday.
The mine will be...
Petra Diamonds averts NUM strike with one-year, above-inflation wage deal
PETRA Diamonds confirmed it had concluded a one-year wage agreement with the National Union of Mineworkers (NUM) which said last week it was preparing...
Soros Foundation said to have instigated failed legal case against Steinmetz...
Updated to include comment from Reuters that it stands by its reporter's coverage.
THE High Court in Sierra Leone has kicked out the case against...