163-carat Angolan diamond sells for $34m, still disappoints

2017-11-15 16:12

A flawless 163-carat clear diamond from Angola fetched $34m (approximately R487m) at Christie’s in Geneva - not enough to dispel concerns about the health of the market.

Diamond stocks are crashing this year, but gem prices aren't

2017-10-03 08:50

Shares of small producers have tumbled more than 30% during the past year and each company seems to be embroiled in its own mess.

Petra shutters Tanzanian mine after diamond shipment seized

2017-09-12 07:45

Petra Diamonds has halted production at its mine in Tanzania after the government seized a parcel of diamonds suspected of being undervalued.

De Beers pours cash in diamond ads with biggest spend since '08

2017-08-30 21:36

De Beers is planning to spend more money advertising diamonds than any time in the past decade to win back wealthy shoppers.

PICS: Two massive diamonds found in Lesotho

2017-06-12 12:46

Gem Diamonds has discovered two diamonds bigger than 100 carats at its Lesotho mine, bringing the struggling miner a step closer to ending a drought of large stones.

De Beers takes SA government to court

2017-06-02 08:29

De Beers has taken the government to court after a report it was denied an export licence by the Department of Mineral Resources.

Pink diamond worth millions shown ahead of auction

2017-03-20 21:39

Sotheby's is displaying the startling "pink star" diamond in London ahead of it being auctioned for sale in Hong Kong.

Rockwell Diamonds enters sale agreement

2016-12-23 19:31

Rockwell Diamonds has entered into a purchase and sale agreement with Nelesco 318 for certain assets and the assumption of certain liabilities.

Diamond sales by Anglo’s De Beers drop to lowest this year

2016-11-15 11:27

De Beers, the world’s biggest diamond producer, said sales of the gems at its most recent auction fell to the lowest this year.

Junk downgrade a serious risk – De Beers CEO

2016-09-22 09:19

SA is in deep danger of losing its investment-grade credit rating and must reassure investors of its commitment to fiscal stability, says De Beers CEO Bruce Cleaver.


Will Singapore's diamonds exchange shine brightly?

2017-11-05 12:03

Singapore has a new diamonds exchange presenting an opportunity for investors to consider diamonds as a new asset class.

India's gem hub backs campaign for more diamond ads

2017-09-14 16:29

The push for bigger diamond advertising campaigns and marketing to wealthy millennials has won support from a key part of the industry: India’s manufacturers and retailers.

Diamonds are funding Zim's political oppression - Global Witness

2017-09-11 08:18

Zimbabwe is using money earned from diamond exports to fund its Central Intelligence Organisation, blamed for a raft of human-rights abuses, Global Witness has said.

De Beers Botswana targets highest diamond production since 2014

2017-07-31 13:45

De Beers says its unit in Botswana is on track to produce the most since 2014 this year, exceeding its annual production forecast.

Flush with cash, Americans buying more diamonds than ever

2017-06-05 17:03

With stock prices scaling new highs and robust economic growth, Americans have spent a record amount of money buying diamonds.

De Beers sells twice as many diamonds

2017-04-24 17:46

De Beers has sold almost twice the diamonds it mined in the first quarter as the top producer cleared stocks that piled up after India torpedoed demand in the local gem industry.

De Beers bullish about diamond sales as it heads to Hong Kong

2017-02-28 13:25

De Beers is positive about market demand for its rough diamond sales, as the company heads to the Hong Kong International Jewellery Show.

Why Trump will be good for SA’s diamond sector

2016-12-21 07:13

If the president-elect’s policies do lead to increased demand for luxury items in the US, it would give a further boost to a modest recovery forecast for diamonds, says De Beers.

DiamondCorp halts formal sale process

2016-11-07 14:43

DiamondCorp's board has decided to terminate the "formal sale process" with immediate effect.

Now anybody can scuba dive for diamonds

2016-08-23 21:05

Diamond diver Wynand Hendrikse spends his days sailing off the western coast, exploring a private offshore concession. Now, you can too.

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