Listed diamond producer in mix for third party supply to Lucara’s...
LUCARA Diamond Corporation hoped to add its first third-party diamond supply - some of which could come from a listed diamond producer - to...
Diamond sector recovery in full flow as De Beers, Alrosa shift...
A STOCKPILE of uncut diamonds worth billions of dollars built up during a downturn in the sector has been removed in a matter of...
GEM Diamonds posts fall in Q1 revenue on lower carat sales,...
GEM Diamonds reported a 7% decline in first quarter revenue year-on-year which came in at $43.9m owing to a decline in carats sold during...
Petra gives mind to Williamson reopening after diamond prices restore business...
DIAMOND prices had improved sufficiently to support the reopening of the Williamson mine in Tanzania, said Jacques Breytenbach, CFO of Petra Diamonds which operates...
De Beers posts lower third cycle sales as Covid-19 disruption serves...
DE Beers reported third cycle rough diamond sales of $440m - a one fifth decline on second cycle sales - and said a fresh...
Lucara opts for cash flow certainty, extending HB Antwerp deal as...
LUCARA Diamond Corporation has extended a sales agreement for 24 months in which it will supply HB Antwerp, a cutter and polisher, with high...
Lucara Diamond secures $220m funding package for Karowe underground extension
LUCARA Diamond Corporation has tied up project finance totalling $220m for its $514m Karowe underground extension in Botswana.
The funding package, provided by a syndicate of...
GEM Diamonds to pay special dividends when special gems discovered at...
GEM Diamonds will consider paying special dividends should it discover high value stones at its Letšeng mine in Lesotho, said CFO, Michael Michael.
The UK-listed miner...
De Beers posts $550m second cycle diamond sales as consumer demand...
DE Beers recorded a year-on-year increase in second cycle diamond sales totaling $550m, providing further evidence the sector was back on its feet and...
Lucara Diamond to raise up to $200m debt for Karowe underground...
LUCARA Diamond, a Toronto-listed mining firm, is to finance $150m to $200m of its proposed $514m Karowe underground extension with borrowings which it hopes...