The strong 2019 earnings margins of Anglo American are poised to strengthen further in 2020, CEO Mark Cutifani said on Thursday. The 2019 earnings before interest, taxes, depreciation and amortisation (Ebitda) margins of the London- and Johannesburg-li…
Anglo’s earnings margins poised to strengthen further – Cutifani Read More »
The strong 2019 earnings margins of Anglo American are poised to strengthen further in 2020, CEO Mark Cutifani said on Thursday. The 2019 earnings before interest, taxes, depreciation and amortisation (Ebitda) margins of the London- and Johannesburg-li…
Anglo’s earnings margins poised to strengthen – Cutifani Read More »
Although stock levels in the diamond industry’s midstream are returning to a more balanced position, following stable consumer demand, especially in the US, diamond miner De Beers has warned that risks remain. The company on Thursday reported a 55% yea…
De Beers warns of possible further downside risks Read More »
Diamond miner Lucapa will continue the hunt for the primary hard-rock sources of alluvial diamonds at its Lulo mine, in Angola, noting that the first stream bulk samples excavated from the Canguige tributary had resulted in the recovery of 45 diamonds …
Lucapa keeps digging at Lulo Read More »
Canadian exploration junior Star Diamond said on Tuesday that it would take all necessary actions to ensure that its interests in the Star-Orion South project, in which Rio Tinto Exploration Canada (RTEC) is earning into, were protected.
The company s…
Star Diamonds notifies Rio Tinto of noncompliance at Star-Orion Read More »
London-listed Petra Diamonds has cut its cash flow targets amid a weak diamond market, owing to the coronavirus outbreak, which started to affect Chinese citizens late last year and has since spread to 24 countries.
Reporting on its results for the s…
Petra adjusts cash flow target amid weak diamond market, coronavirus outbreak Read More »
The 2020 Kimberley Diamond Symposium and Trade Show will take place in Kimberley, in the Northern Cape, in early September, the South African Diamond Producers Organisation (Sadpo) has confirmed. New technologies and geological interpretations have rev…
Kimberley diamond symposium to be held in September Read More »
Botswana plans to conclude negotiations with De Beers on a diamond sales agreement by the end of April to replace the current ten-year deal that expires in January. The government wants to see more gems cut and polished within the borders of the world’…
Botswana seeks new De Beers diamond sales deal by end of April Read More »
London-listed Gem Diamonds says following pressure on prices for larger high-quality diamonds last year, signs of improvement have been noted since December.
Diamond prices for smaller commercial-type diamonds also remained under pressure for most of…
Gem welcomes price improvements for large and smaller diamonds Read More »
Diamond miner Lucapa has generated a further A$8.2-million from the run-of-mine diamond sales from its Lulo and Mothae mines. The ASX-listed company told shareholders that a total of 1 548 ct of diamonds from the Lulo operation, in Angola, was sold for…
Lucapa reports further revenue from diamond sales Read More »
