Study finds laboratory diamonds more carbon intensive than mined gems
MAN-made or laboratory diamonds had a larger carbon footprint than naturally mined diamonds, according to Reuters citing a study by an association representing the...
Petra wins covenant relaxation from lenders in vote for cash flow...
LENDERS agreed to adjust covenant terms for debt provided to Petra Diamonds, a development largely anticipated but which newly appointed CEO, Richard Duffy, described...
Petra Diamonds sustains feel-good factor with another high-value gem recovery
PETRA Diamonds added another high value diamond to its recent string of finds following the discovery of a 209.9 carat D colour type gem...
Analysts take a shine to Petra on hope positive cash flow...
ANALYSTS took a shine to Petra Diamonds' third quarter trading update published earlier this week where the focus fell on the impact of two...
Gemfields to pay $24.7m special dividend as exit from Jupiter Mines...
GEMFIELDS is to pay a special dividend to shareholders of $24.7m after saying it would divest of its remaining shares in Jupiter Mines, a...
De Beers diamond sales moving to “more normalised” position in 2019
THIRD cycle diamond sales for Anglo American-controlled De Beers totalled $575m, just over $25m more than at the equivalent the group said in an announcement...
Lucapa Diamond refinances Mothae debt in R100m deal with shareholder
LUCAPA Diamond Company sought to ease the pressure on its balance sheet after agreeing loan terms with an entity owned by non-executive director and...
De Beers pleased with US directive on marketing laboratory-grown diamonds
DE Beers, the diamond miner and marketer 85%-owned by Anglo American, said it was pleased with a notice issued by US Federal Trade Commission asking...
Gemfields left hanging on the telephone after dissenting shareholders perform no-show
OBJECTIONS to remuneration pay is obviously a governance issue that companies have to take seriously. However, there are instances when shareholders can push the...
Petra’s 425 carat Cullinan recovery a ray of light, sparks share...
THE discovery of a large 425 carat diamond at Petra Diamonds’ Cullinan mine in South Africa was today described as a positive financial boost...