Petra Diamonds calls for buyers after review of $650m debt slams...
PETRA Diamonds said on Friday it would seek offers for the company after concluding a strategic review aimed at finding ways to repay $650m in...
GEM Diamonds gets “good value” for high value stones in Antwerp...
THERE was "good value" for high value diamonds, said Clifford Elphick, CEO of GEM Diamonds following a tender in Antwerp.
"The results of the latest...
De Beers $35m May sales highlights extent of pain in the...
DE Beers sold $35m worth of rough diamonds in a sales cycle held in May, according to a report by Bloomberg News which cited...
Lucapa raises $5.25m from rights issue to “preserve mining assets” affected...
LUCAPA Diamond Company said $5.25m raised in funds following a rights issue would be used to "preserve" mining assets affected by COVID-19 pandemic lockdowns,...
DRC suspends board of state-owned diamond firm Miba on governance concerns
THE board and management of Miba SA, the Democratic Republic of Congo's (DRC's) state-controlled diamond company, has been suspended, according to a report by...
Petra Diamonds to present bondholders with draft capital restructuring plan by...
PETRA Diamonds has committed to a draft plan detailing its capital restructuring plans by the end of June in terms of a condition applied...
De Beers discussing temporary move of diamond sales from Botswana with...
DE Beers is in discussions with the Botswana government to move diamond sales from its capital, Gaborone, nearer to buyers in international centres in...
Diamond producers likely confirm sector at standstill owing to COVID-19 lockdowns
UPDATES from the world's largest diamond producers this week were likely to confirm that the global industry had come to a near standstill, said...
Lucara studying finance options for $514m Karowe expansion as COVID-19 addles...
LUCARA Diamond Corporation is weighing the proportion of cash it can put into the proposed $514m underground expansion of its Karowe mine in Botswana...
Petra Diamonds in crunch talks with bondholders as firm seeks R400m...
PETRA Diamonds is hoping to persuade bondholders to agree to a postponement of interest due to them so it can drawn down on R400m...