Diamond sector could take two years to recover unless De Beers...
THE diamond market is in a serious hole from which it could take the best part of two years to emerge, according to Goldman...
GEM Diamonds halves net debt as of end-June owing to Covid-19...
GEM Diamonds nearly halved net debt as of end-June as a result of cash preservation and deferment efforts and after fetching a higher average...
De Beers addresses staff on restructuring as Covid-19 accelerates modernisation push
PLANS to restructure De Beers are afoot with the diamond producer's CEO, Bruce Cleaver due to address employees today regarding the proposals.
"Bruce and team are...
Lucapa in diamond marketing talks with Lesotho Govt. in effort to...
LUCAPA Diamond Company has submitted a marketing proposal to the Lesotho government containing off-take provisions in the hope it can restart the firm's Mothae...
De Beers to overhaul business after Covid-19 throws spotlight on fundamental...
DE BEERS intends to overhaul its entire business in order to safeguard its short-term prospects - a development that may involve jobs cuts, said...
Petra Diamonds to sell Botswana exploration portfolio for $300k
PETRA Diamonds has agreed to sell its exploration assets in Botswana through the sale for $300,000 of its 100% stake in Sekaka Diamonds to...
Jilted by lockdown: Why marriage after global isolation is just what...
T he wedding economy is estimated to be worth $300bn annually with a host of industries, from travel and hospitality to the garment sector,...
Lucara agrees rough diamond supply deal with HB Group in bid...
LUCARA Diamond Corporation has agreed to sell about 70% of its rough diamonds from its Karowe mine in Botswana to Antwerp-based manufacturer, HB Group,...
Lucapa Diamonds shares slump 8% in Sydney as firm continues refinancing...
LUCAPA Diamonds Company said it would press ahead with discussing refinancing options despite corporate cost-cutting and a A$5.2m rights issue in the June quarter.
The...
Lucara Diamond to put “pin in the wall” on Karowe capital...
LUCARA Diamond Corp. would finalise its spending plans for the underground expansion of its Karowe mine in Botswana by the end of August, said...