Diamonds

Botswana vows to protect interests in potential BHP-Anglo deal

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BOTSWANA would defend its diamond producing interests, including its 15% in De Beers, in the event of a takeover of Anglo American, according to...

BHP offer values Anglo American at R742bn with De Beers future...

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BHP has published the details of its offer for Anglo American which values Anglo at £31.1bn (R742bn) equivalent to £25.08 per Anglo ordinary share...

De Beers in the firing line as BHP bids for Anglo...

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De Beers could be on the chopping block along with Anglo American Platinum and Kumba Iron Ore if BHP’s all-share offer to take over...

De Beers chops its production forecast for 2024 as the diamond...

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De Beers has chopped its rough diamond production forecast for 2024 by about 10% dropping it to between 26m and 29m carats from the...

The global rough diamond market continues its gradual recovery but it’s...

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The gradual recovery in the rough diamond market noted by De Beers in January and March has continued with a further rise in diamond...

Petra holds its ground on the operating and financial fronts as...

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Petra Diamonds showed some welcome operating stability in the March quarter while the company confirmed its production guidance for the financial year to end-June...

ETFs in diamonds backed as a necessary step change

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AFTER missed copper production guidance last year, the next most criticised aspect of Anglo American’s performance for the 12 months ended December was its...

Lucapa appoints ex-De Beers head as non-executive chairman

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LUCAPA Diamond Co. said it had appointed ex-De Beers head Stuart Brown as its non-executive chairman. He replaces Mikes Kennedy in the role. In addition...

Petra to restructure Finsch in effort to stem cash flow leakage

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PETRA Diamonds has issued a restructuring notice to employees at its Finsch mine in South Africa as part of efforts to stem negative cash...

Gemfields looking for fillip from Mozambique gold prospect

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GEMFIELDS might seek a partner to help it develop its Nairoto gold prospect in Mozambique if drilling results support further investment. Commenting during the ruby...