Diamonds

De Beers boasts record sales figures

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De Beers has recorded its highest interim sales figures to date, buoyed by strong retail demand from the Indian and Chinese consumer markets.

Letseng delivers for Gem Diamonds

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Letseng achieved record average prices for its diamond sales in the first half of 2011, as did Ellendale in Australia for its fancy yellow stones.

De Beers strike starts

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The National Union of Mineworkers' members at diamond producer De Beers Consolidated Mines has started a strike after wage talks failed, says a union official.

Rockwell trims fundraising target

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Rockwell Diamonds has scaled down its plans to raise C$35.3m in new funds, opting to aim for $20m instead.

Petra Diamonds steams ahead

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Petra Diamonds has delivered a trading update backing CEO Johan Dippenaar’s claim the company is one of the world’s leading diamond producers.

Diamond prices return to pre-crisis levels

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Diamond prices are now above pre-crisis levels after a 35% to 40% rise so far this year, helped by increased scarcity and an emerging role as an investment.

Rockwell speeds up projects

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Rockwell Diamonds has accelerated a number of projects to enhance the recovery of diamonds on existing operations as well as at the Tirisano project.

Kimberley ends Marange diamonds ban

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The Kimberley Process has lifted a freeze on the sale of diamonds from Zimbabwe's disputed Marange fields, says the head of the global "blood diamonds" monitor.

Zimbabwe to defy West on diamond sales

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Zimbabwe has vowed to defy moves for international monitoring of diamond sales from its disputed Marange fields at a meeting of the global "blood diamond" watchdog, according to state media.

DiamondCorp issues shares for cash

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Diamond development and exploration group DiamondCorp Plc will place over 26 million new ordinary shares to raise about £3.48m, it says.