Petra shutters Tanzania mine Williamson, draws down R500m for working capital...
PETRA Diamonds has put its Williamson mine in Tanzania on care and maintenance citing an "... unprecedented depressed market environment".
The UK-listed firm, which has...
Gemfields warns extended COVID-19 travel restrictions could wipe out $25m cash...
THE financial performance of Gemfields this year would be heavily affected by the COVID-19 pandemic which had "put on hold" gemstone auctions responsible for 93%...
Lucara Diamond adopts flexible stance on Karowe underground project start-up in...
LUCARA Diamond Corporation suspended guidance for its 2020 financial year, and said it had the flexibility to delay the proposed development of the underground...
GEM Diamonds says it raised $12.1m from first round of flexible...
GEM Diamonds realised $12.1m in sales from the first round of its newly instituted Letšeng flexible tender process.
The flexible tender process was put in...
Petra’s founding chairman, Adonis Pouroulis, steps down from board after 23...
ADONIS Pouroulis today stepped down from the board of Petra Diamonds, a company he founded and led for 23 years. He is succeeded by...
De Beers cancels third diamond sight as COVID-19 travel restrictions hit...
DE BEERS has cancelled its third sight for the 2020 financial year owing to travel restrictions placed on buyers as a result of COVID-19.
Anglo...
Petra retains Rothschild & Co to assess “strategic options” as COVID-19...
THESE are unpleasant times for most mining shares, but perhaps more so for Petra Diamonds which has seen plans to climb out of its...
Lucapa Diamond discussing debt restructure after lockdown threatens to trigger default...
LUCAPA Diamond Company is to suspend production at its Mothae mine in Lesotho as procurement of supplies and equipment would be affected by the...
Gemfields unable to convene gemstone auction owing to COVID-19 travel ban
GEMFIELDS, the coloured gemstone mining and marketing firm, could not provide a forecast for its financial performance in the current financial year as COVID-19...
GEM replaces large diamond tender with “flexible system” after small goods...
GEM Diamonds said it had replaced a tender for its large diamonds with a "flexible direct sale process" in mitigation of travel bans on...