A long predicted supply squeeze has finally dawned over world’s diamond...
THE diamond market had seen a structural change where the "long-predicted supply squeeze is being reflected over all the diamond categories", according to Petra...
Okavanga Diamond Company sells record rough diamonds in 2021
OKAVANGO Diamond Company (ODC), Botswana's state-run diamond trader, posted record revenue last year after sales increased five-fold on a recovery in US imports, said...
Petra’s $387m in lifex projects underlines turnaround of once stricken diamond...
STRUGGLING diamond miner Petra Diamonds has turned the corner according to CEO Richard Duffy after the group reported interim results for the six months...
De Beers registers strong first cycle diamond sales of $660m as...
FIRST cycle sales for De Beers totalled $660m representing a sharp rebound for the final sales meeting of last year in which the group...
Gem encounters frustration with Ghaghoo sale after Vast pulls out of...
GEM Diamonds' efforts to sell its mothballed Botswana mine Ghaghoo have resulted in frustration again after Vast Resources called off its participation in the...
Buoyant jewellery sales help drive further easing in Petra Diamonds’ financial...
PRESSURE on Petra Diamonds' finances eased further in the first six months of its financial year ended December.
According to a trading update today revenue increased...
Botswana Diamonds gains 11% as excitement grows for SA prospect...
BOTSWANA Diamonds said an early assessment of its South African kimberlite prospect Thorny River resembled Marsfontein - one of the richest diamond mines in...
De Beers believes positive 2021 diamond market conditions will continue
Rough diamond sales by De Beers for the tenth - and final - sales cycle of 2021 were 26.5% down on the comparable cycle...
Petra sells down stake in Williamson mine following the punishing...
Petra Diamonds has moved to further chop its equity exposure to the Williamson Mine in Tanzania after the deal struck earlier this week with...
‘A Luta Continua’ for De Beers as it goes prospecting for...
De Beers is going back into Angola to prospect for diamonds in what amounts to a validation of the changes made within the country...