De Beers ends 2017 with “steady as she goes” diamond sales
Provisional diamond sales at the tenth - and last - De Beers “sight” for 2017 amounted to $450m which was 3% down on the...
GEM sticks to diamond sales guidance despite hitch at Letšeng
GEM Diamonds has made an adjustment to its full-year ore treatment forecast after locating a crack in its plant equipment at its Letšeng mine, the...
Pressure turned up a notch on Petra as net debt climbs...
THE pressure on Petra Diamonds' balance sheet was turned up a notch at the close of the first quarter after net debt came in...
Petra liquid enough to survive expected debt covenant failures
PETRA Diamonds, a UK-listed diamond firm that operates in South Africa and Tanzania, sought to ease shareholder concerns regarding its status as a going...
Lucapa raises $15m for Lesotho diamond prospect Mothae
PRIVATE equity has agreed to provide $15m (R207m) to Lucapa Diamonds for first phase production of Mothae, a diamond project in Lesotho the Australian-listed...
Life looks up for Petra after strike ends at Finsch, Koffiefontein
PETRA Diamonds said full year production guidance of between 4.8 million to five million carats would be unaffected by a ten day strike at...
Lucara sells 1,111 carat Lesedi La Rona to Graff for $53m
LESEDI La Rona, the largest diamond discovered since the iconic Cullinan diamond in the previous century, has been sold to upmarket British jeweller Graff...
Rockwell put into provisional liquidation as Metis bows out
ROCKWELL Diamonds has gone into provisional liquidation after the Kimberley High Court granted an order to discontinue the services of the stricken firm's business...
NUM broadens strike at Petra mines to include Koffiefontein
THE National Union of Mineworkers (NUM) has broadened its strike at the premises of Petra Diamonds' South African mines saying its members will down...
Labour disruption flares up at Petra’s Finsch, Ekapa mines
PRODUCTION at Petra Diamonds' Finsch and Kimberley Ekapa Mining Joint Venture operations in South Africa's Northern Cape province has been interrupted by labour disruptions...