Petra Diamonds cuts two-year forecast owing to closure and suspension of...
PETRA Diamonds today downgraded production for the next two financial years partly owing to a widely expected decision to shut its 130-year old Koffiefontein,...
Petra facing squeeze on cash flow as Williamson cost adds to...
PETRA Diamonds was facing a significant reduction in free cash flow in 2023 owing to an increase in capital expenditure and the cost of...
Petra suspends Williamson to mid-2023 as tailings fix to take longer...
PETRA Diamonds said its Williamson mine in Tanzania would not return to production before the middle of 2023 following the partial collapse of a...
Lucara Diamond to conclude “complete review” of Karowe capex and schedule...
LUCARA Diamond Corp. said it would conclude "a complete review" of its capital programme budget and schedule in the first quarter of next year.
Commenting...
Lucara signs ten year diamond sales agreement with HB Group
LUCARA Diamond Corp. last week signed a ten-year sales agreement with HB Trading in which it will supply the manufacturer with diamonds of 10.8...
Dip in De Beers’ ninth cycle sales no surprise given US...
ROUGH diamond sales declined $58m for the ninth cycle, according to provisional numbers announced today by De Beers, the Anglo American controlled mining and marketing...
Petra Diamonds shuts Tanzanian mine for three months following tailings dam...
PETRA Diamonds said its Williamson mine in Tanzania would be shut for up to three months while it constructed a new tailings storage facility...
Petra Diamonds reports tailings dam burst at Williamson mine in Tanzania
PETRA Diamonds has suspended production from the Williamson mine in Tanzania after a tailings facility wall burst, the company said.
The eastern wall of the...
Diamond negotiations with De Beers “hugely distracting” to Botswana government
LUCARA Diamonds wanted a quick resolution to diamond sales contract negotiations between Botswana and De Beers as their two-year discussions were "hugely distracting" to...
GEM lowers diamond output and sales for 2022 following continued interruptions...
GEM Diamonds, the UK-listed miner, lowered full year diamond production and sales from its Letšeng mine in Lesotho following interruptions in October.
Production was now...