Every little bit helps for Duffy as he opens account at...
RICHARD Duffy, CEO of Petra Diamonds, is hoping Brexit-weary Brits will buy in to the ‘romance’ of the firm’s Cullinan mine, situated a dusty,...
Petra’s Cullinan gives firm morale (and cash) lift with 20.08 carat...
PETRA Diamonds said it recovered a 20.08 carat blue gem quality diamond from its Cullinan diamond mine, east of Pretoria.
"Today's recovery not only demonstrates...
Gemfields set to post lower interim earnings as revenues slide heavily...
PRECIOUS gemstone mining and marketing firm, Gemfields, was likely to produce a decline in interim net profit for the six months ended June although...
Petra led into full-year loss after it writes down assets $247m...
PETRA Diamonds said its South African lenders remained onside despite weak diamond prices which led the company into a $258.1m net loss for the...
Gold bull run could spell bad news for diamond sales, says...
A PROLONGED improvement in the gold price could spell bad news for the diamond sector because diamonds were considered a less effective store of...
Botswana on track to sign new diamond sales deal with De...
A NEW diamond sales agreement between De Beers and the Botswana government would be concluded after the southern African country completed national elections next...
GEM battles headwinds but remains cash flow negative following interim earnings...
GEM Diamonds posted a hefty decline in interim earnings, despite improved cost control, partly owing to lower prices achieved for its diamonds during the...
De Beers waits on Q4 as data shows mid-stream diamond inventories...
FOURTH quarter diamond sales remained key to the fortunes for De Beers this year following the publication of its latest sales data - the...
Kimberley’s last diamond miner, Ekapa, struggles to stay afloat as artisanal...
KIMBERLEY Ekapa Mining (KEM), the last major diamond company operating in Kimberley, has imposed a three-month, 12.5% salary reduction across the board on its...
De Beers to allow sightholders “unprecedented flexibility” as diamond market remains...
DE Beers, the Anglo American-owned diamond miner and marketer, will allow buyers of its diamonds "unprecedented flexibility" when they meet for the seventh time...