Petra Diamonds withholds gem sales in fifth tender amid build in...
PETRA Diamonds withheld diamonds in the fifth auction of its financial year saying in an update today that offers didn't match its price expectations.
A...
De Beers may curtail diamond sales as consumers in China take...
DE Beers today reported weaker fourth cycle sales which totalled $480m compared to $542m in sales for the previous cycle. The fourth quarter sales were also...
Lucara reports hefty slide in Q1 Ebitda owing to ore mix,...
ROUGH diamond prices remained under pressure in the first quarter of Lucara Diamond's 2023 financial year owing to geopolitical uncertainty.
Pricing, combined with a temporary...
Petra forecasts one million carats in extra annual diamond output...
PETRA Diamonds recovered some lost ground during the March quarter increasing production and predicting a one million carat increase in diamond output during its...
De Beers diamond sales rise as demand from China picks up
DE BEERS sold $540m worth of rough diamonds in its third sales cycle of 2023 as at April 11 with the group seeing “continued...
Botswana deal with HB Antwerp could challenge partnership with De Beers
A DIAMOND sales agreement between Botswana and HB Antwerp could challenge the southern African nation's 50-year partnership with De Beers, said Bloomberg News in...
GEM Diamonds shares fall to lowest level in a year after...
INTERRUPTIONS at the Letšeng mine in Lesotho combined with weaker average prices for its diamonds and inflation weighed heavily on UK-listed miner GEM Diamonds.
It...
De Beers sales slump as mid-tier delays purchases amid economic uncertainty
DE BEERS announced a year-on-year decline in second cycle rough diamond sales which totalled $495m.
This compares to rough diamond sales of $652m in the...
Talks with Botswana on new diamond deal held “in good spirits”...
ANGLO American CEO, Duncan Wanblad said negotiations over a new diamond marketing agreement between its 85%-owned De Beers and Botswana had been held "in...
Petra says portion of $14.8m diamond parcel embargoed by Tanzania has...
A PORTION of diamonds embargoed by the Tanzanian government following a dispute in 2017 with Petra Diamonds over their export value had been sold,...