Diamonds

Anglo “more optimistic” on De Beers sale after China stimulus

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ANGLO American CEO Duncan Wanblad ruled out "a flip-flop" on plans to sell the group's 85% in De Beers and said China's stimulus this...

Out of the spotlight, Trans Hex stages surprising comeback

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When Trans Hex skulked off the JSE at the end of 2019, few punters gave the beleaguered diamond mining group a snowball’s chance of...

Lucara Diamond recovers another whopper at Karowe

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LUCARA Diamond Corp., the Toronto-listed miner, said on Monday it had recovered a 1,094 carat diamond from its Karowe mine in Botswana. Karowe, which is...

Gem Diamond lifts sales guidance despite turgid market

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GEM Diamonds increased production guidance for its 2024 financial year to between 98,000 and 101,000 carats while sales increased to a forecast 100,000 to...

Lucara discovery to bring glitz back to battered diamonds

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THE discovery of a 2,492 carat diamond at Lucara's Karowe mine in Botswana this month could give fresh impetus to the battered diamond market. Diamond...

Lucara recovers huge 2,492 carat diamond from the Karowe mine

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CANADIAN-listed Lucara Diamond has just recovered the largest diamond ever found since the world-famous Cullinan diamond at its Karowe mine in north-eastern Botswana. Lucara detected...

Botswana Diamonds to use Artificial Intelligence to pinpoint gem deposits

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DIAMOND junior explorer Botswana Diamonds (BOD) is to use artificial intelligence (AI) to speed up assessment of the company’s huge mineral database in Botswana...

Lucara Diamond provides some much-needed sparkle

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SECOND quarter results from Toronto-listed Lucara Diamonds have at last delivered some good news for the diamond sector after the gloom and doom of...

Petra postpones first diamond tender of 2025 financial year

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PETRA Diamonds has postponed the first diamond sales of its 2025 financial year saying its decision was part of an industry-wide effort to impose...

Petra’s plan to avoid mistakes of last diamond market collapse

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IN early 2022 Petra Diamonds CEO Richard Duffy declared the time had come for diamonds. After years of waiting, a "long-predicted" supply squeeze in...