Diamonds

Petra looks to better times as 2021 sales rise 38%, prepares...

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PETRA Diamonds said revenue increased 38% to $406.9m for the year ended June 30 despite mining fewer stones from its South African operations. It mined...

Petra sells blue diamond for $40m as market recovery confirmed with...

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PETRA Diamonds sold a large stone discovered at its Cullinan mine for $40m, the company announced on Monday. The stone - a 39.34 carat blue...

Lucara issues C$38m in shares with diamond market, trademark Karowe recoveries...

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LUCARA Diamonds is to raise C$38m through a combination of public and private share offerings just as a recovery in the diamond market begins...

De Beers racks up $2.5bn in 2021 sales after India recovers...

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DE BEERS recorded provisional fifth cycle sales of $470m following a recovery in the Indian midstream sector and improved jewellery demand in the US...

Lucara adds to high value haul with a new recovery once...

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LUCARA Diamond Corporation added to its diamond haul over 1,000 carats with the recovery of a 1,174 carat stone - large enough to rival...

SA diamond rush called off after fortune-seekers disappointed by finding quartz

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MINING hopefuls were disappointed to find that the diamonds they had been digging for in KwaZulu-Natal's KwaHlathi were in fact quartz of little economic value. Reuters...

Lucapa to raise A$23m in share issue in effort to diversify...

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LUCAPA Diamond Company is to buy the Merlin diamond mine for A$8.5m which it will finance through the issue of shares. Lucapa said in an...

India’s Covid-19 crisis hits diamond midstream as De Beers’ fourth sales...

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DE BEERS reported fourth cycle rough diamond sales of $380m, a quantum higher than the Covid-19 hit fourth and fifth cycles of last year...

Petra to pay £4.3m as it settles Williamson illegal miner claims...

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PETRA Diamonds has agreed to pay £4.3m in settlement of claims brought against the company's Williamson mine in Tanzania in respect of human rights...

Herd mentality just the ticket for Gemfields as it aims to...

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ONE means by which the diamond industry has coped with restrictions on international travel is to channel sales of unpolished goods through online auctions,...