Diamonds

Lucapa to restart Mothae mine in Lesotho in Q4, to operate...

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LUCAPA Diamond Company said its Mothae mine in Lesotho would restart production by the fourth quarter following agreement with the government. The Sydney-listed firm also...

Petra to investigate ‘human rights abuses’ at Williamson mine as allegations...

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THE problems mounted for Petra Diamonds which said today it was conducting an investigation into allegations lodged in a UK High Court filing of...

GEM not interested in buying “lovely” Petra Diamonds assets after kicking...

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GEM Diamonds was unlikely to bid for Petra Diamonds or any of its assets, according to the firm's CEO, Clifford Elphick, today. Asked for his...

De Beers sold $300m in rough diamonds last week following 10%...

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DEMAND for rough or uncut diamonds among manufacturers - polishers and cutters - is reviving, partly owing to price cuts announced by De Beers...

Covid-19 may delay signing of new diamond sales deal between De...

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COVID-19 related travel restrictions could result in De Beers failing to renew its sales agreement with joint venture partner, Botswana, before its year-end expiration. Reuters...

Despite price cuts, De Beers is forecast for second half sales...

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DE Beers would experience a rebound in fortunes for the second half of its financial year with sales reaching $1.6bn, according to analysts at...

GEM Diamonds recovers 442 carat diamond – one of largest gems...

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GEM Diamonds said it had recovered a 442 carat diamond from its Letšeng mine in Lesotho which it described as one of the largest gem...

Plaintiffs in Sierra Leone diamond mine seek to freeze assets of...

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SIERRA Leoneans seeking damages for alleged environmental degradation around a diamond mine have applied for a freezing order on the assets of Octea, a subsidiary...

Lucara Diamond supply deal with HB Group the way forward for...

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A DIAMOND marketing agreement between Lucara Diamond Corporation and a single manufacturer that is anticipated to reduce price discounts and smooth cash flow would...

Petra to defer results two months to November owing to Covid-19,...

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PETRA Diamonds has delayed the publication of its annual results ended June 30 to November 17 to allow it contend with the challenges posted...