Mining output slips

2015-01-20 12:16

Mining production decreased by 0.4% year-on-year in November 2014, Stats SA said in a statement after releasing its mining results for production and sales.

Zim to remove tax on locally polished diamonds

2014-11-07 12:08

Zimbabwe is considering removing tax royalties on locally cut and polished diamonds, in a move to add value to minerals and attract investment.

Gold, diamonds fuelling conflict in Africa

2014-11-05 12:10

Gold and diamond sales are being used to finance conflict in Africa and the UN says peacekeepers should monitor mining sites to clamp down on illicit trade.

Rare red diamonds offered in Rio Tinto auction

2014-10-03 08:52

Rio Tinto is now offering four rare red diamonds, worth millions of dollars, from its Australian Argyle mine in an auction.

Petra jumps on diamond discoveries

2014-09-18 09:35

Petra Diamonds could pay its maiden dividend earlier than expected, after higher prices for the larger number of rough stones it unearthed.

'Magnificent' diamond found in Cullinan

2014-09-09 12:26

A 232 carat white diamond of exceptional size and clarity has been found at Petra Diamonds' Cullinan mine, east of Pretoria, the company says.

Gem Diamonds sees no impact from Lesotho crisis

2014-09-01 16:45

Gem Diamonds, whose flagship mine located in Lesotho, says it did not anticipate any impact on its operations from the political crisis unfolding in the country.

Gem Diamonds core earnings jump 87%

2014-08-20 10:24

Gem Diamonds has reported an 87% jump in first-half underlying core earnings as it sold more diamonds at higher prices.

'Exceptional' white diamond found in Lesotho

2014-08-05 09:11

Gem Diamonds says it has recovered an "exceptional" 198-carat white diamond from its Letseng mine in Lesotho.

Gem Diamonds shines on Lesotho mine

2014-07-29 11:36

Gem Diamonds has posted an 80% jump in first-half revenue from its flagship Letseng diamond mine in Lesotho, driven by higher prices.

How about a diamond-encrusted dummy for your baby?

2014-06-24 11:19

Suommo Dodo just released the mother of all luxury for babies.

De Beers' offshore diamond mining flourishes

2014-06-19 05:00

De Beers is profitably exploiting the world's largest marine diamond deposits in deep waters off Namibia by using a bright green crawling machine.

Petra finds 'exceptional' blue diamond

2014-06-13 10:10

Petra Diamonds has recovered a 122.52 carat blue diamond at its Cullinan mine, just months after it sold a 29.6 carat blue diamond from the same mine.

Yellow diamond fetches $16m in Geneva

2014-05-15 18:25

A 100-carat yellow diamond has fetched over $16m at a Geneva jewellery sale,says Sotheby's auction house.

Gem Diamonds recovers more carats

2014-05-12 09:24

Gem Diamonds has recovered more carats from its flagship Letseng diamond mine in Lesotho in the first quarter and says it sold rough diamonds at higher prices.


The world's largest blue diamond will go under the hammer in Geneva and is expected to fetch up to $25m, auctioneers say. View this rare gem.

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Positive momentum in rough diamond market

2014-04-14 14:15

There is a continued positive momentum in the rough diamond market and strong demand for Trans Hex's production, the company says.

Zimbabwe's Marange diamond sales peak

2014-04-07 17:14

Diamond exports from Zimbabwe's Marange fields earned $99m at auctions in Belgium and Dubai during the first quarter of 2014.

Zim frets over diamond sector secrecy

2014-03-18 10:34

Mbada Diamonds says it has made $1bn over four years, amid Zimbabwean government fears that it is losing millions because of miners' lack of transparency.

Sotheby's forced to take back $72m diamond

2014-03-04 17:01

Auction house Sotheby's has been forced to buy back a flawless, near-60 carat pink diamond after the buyer defaulted on the record payment.

Billions spent on Valentine's Day

2014-02-13 16:44

A survey reveals that worldwide over $4.4bn was spent on gold, silver and diamonds for Valentine’s Day in 2013, reports the American Retail Federation.

Cullinan finds rare acorn-sized diamond

2014-01-21 15:09

Cullinan mine has discovered a 29.6 carat blue diamond, one of the rarest and most coveted in the world with a possible price tag of tens of millions of dollars.

How to shop for diamond jewellery

2013-11-15 13:30

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

Orange diamond fetches record price

2013-11-13 09:45

A spectacular and rare orange diamond found in South Africa, the largest known gem of its kind, has been auctioned for a record $35.54m in Geneva.

De Beers' Botswana move

2013-10-07 11:59

Botswana has won the battle to keep value and profits from raw materials at home.


Debswana, De Beers celebrate anniversary

2014-11-13 17:38

The partnership between Debswana, the government of Botswana and De Beers was celebrated in Gaborone recently.

Gem Diamonds to sell first Botswana diamonds

2014-11-06 10:46

The first diamonds recovered from Gem Diamonds' new mine in Botswana will go on sale in February, the company says.

Hong Kong's vivid pink diamond sells for $18m

2014-10-08 10:04

An extremely rare and highly desirable flawless 8.41 carat vivid pink diamond has been sold for a record $17.7m in Hong Kong, says Sotheby's.

Gem Diamonds sells white diamond for $10.6m

2014-10-01 11:30

London-listed Gem Diamonds says it has sold a 198-carat white diamond recovered from its Lesotho mine in August for $10.6m.

Petra rare blue diamond sold for $27.6m

2014-09-16 11:05

London-listed Petra Diamonds says it has sold a rare blue diamond found at its mine in South Africa for $27.6m.

78-carat diamond stolen from safe

2014-09-05 11:46

Namibian police are searching for a flawless 78-carat diamond, which apparently went missing from a safe at a mining company during a strike.

Bob Diamond deal lifts Zim bourse

2014-08-22 17:17

The Zimbabwe Stock Exchange has closed in record daily turnover as former Barclays head, Bob Diamond, acquired a controlling stake in local banking unit BancABC.

Petra Diamonds to mine about 3.2m carats

2014-08-18 10:00

Petra Diamonds says it will mine about 3.2 million carats in its financial year, an increase of 3% from the previous year.

Petra dives as big investor dumps stake

2014-07-29 14:14

Petra Diamonds says its second-largest shareholder sold more than two-thirds of its stake in the diamond miner through a discounted stock placement.

Petra Diamonds production jumps

2014-07-28 09:24

Petra Diamonds says full-year output is up 17%, driven by higher production at its Finsch mine in South Africa.

Get the bling without breaking the bank

2014-06-19 20:16

Can't buy me love? Here are five tips to help you size up how much to spend on an engagement ring.

How about a diamond-encrusted dummy for your baby?

2014-06-18 14:26

Suommo Dodo just released the mother of all luxury for babies.

De Beers set to glitter and sparkle

2014-06-12 05:00

De Beers expects global demand for polished gems to rise by up to 4.5% this year, thanks to the US market recovery and a buoyant China and India.

World's largest blue diamond sells for $24m

2014-05-15 08:31

A spectacular blue diamond, the largest in its category, has fetched a total of $23.79m at a Christie's auction in Geneva.

UN lifts Ivory Coast diamond embargo

2014-04-29 20:01

The UN Security Council has lifted a nearly decade-old embargo on Ivory Coast's international diamond trade.

Petra revenue jumps 55%

2014-04-23 08:36

Petra Diamonds has reported a 55% increase in third-quarter revenue, helped by the sale of a 29.6 carat blue diamond and strong rough diamond prices.

Angola to grant De Beers diamond licence

2014-04-11 10:58

Angola, the world's fourth-largest diamond producer by value, will approve a new concession to De Beers to explore for diamonds.

De Beers places bets on Angola mines

2014-03-25 10:19

The world's largest diamond miner by market value hopes to obtain a concession to explore in Angola by the end of this year, says De Beers chief executive.

Diamond miners lament quality of Zim gems

2014-03-09 14:20

Diamond miner Anjin says a fall in the quality of the diamonds at its mine in eastern Zimbabwe is causing financial problems for the company.

Zim plans to auction diamonds

2014-02-24 19:01

The government has resolved to begin auctioning diamonds mined in Chiadzwa in the second half of this year, says Mines Minister Walter Chidhakwa.

Petra bets on blue diamond to boost coffers

2014-01-23 10:21

Petra Diamonds has posted a 19% rise in first-half revenue, lifted by output from South Africa and is betting on its blue diamond find, also in SA, to boost second-half revenue.

How to shop for diamond jewellery

2013-11-21 17:00

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

How to shop for diamond jewellery

2013-11-14 14:33

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

Investing in diamonds more popular

2013-11-05 18:58

Globally there is a growing interest in investing in diamonds, according to Yair Shimansky, designer and manufacturer of diamond and tanzanite jewellery.

Mine sparkles after monster diamond finds

2013-09-19 20:28

The share price of Rockwell Diamonds has surged nearly 70%, after four large gems weighing more than 100 carats each were uncovered.

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