DIAMONDS

African miner Petra Diamonds, which has high debt levels, aims to be cash flow positive in the second half of the year and will then be able to consider future developments, its new chief executive said on Monday. The company’s share price has fallen 5…

Tiffany & Co has been expanding its workforce in sub-Saharan Africa – a region of almost one billion people where the jewellery giant does not have a single store. More than a quarter of the New York-based company’s 1 500 global diamond cutters and…

Tiffany & Co has been expanding its workforce in sub-Saharan Africa – a region of almost one billion people where the jewellery giant does not have a single store. More than a quarter of the New York-based company’s 1 500 global diamond cutters and…

Multinational jeweller Graff has cut the largest square emerald cut diamond in the world, which ranks as the largest high-colour, highest clarity diamond ever graded by the Gemological Institute of America.

Dubbed the Graff Lesedi La Rona, the diamon…

Quebec miner Stornoway Diamonds on Tuesday announced that it would suspend openpit mining operations at Renard 65, but the move is not expected to impact on its revenue for this year.

The company, which transitioned the Renard mine to primarily underg…

Diamond miner De Beers sold $575-million of diamonds in its third sales cycle of this year.

This was higher than the $496-million of sales recorded in the second sales cycle of this year, as well as the $524-million of sales recorded in the third sale…

LSE-listed Firestone Diamonds has recovered a 72 ct yellow diamond from its Liqhobong mine, in Lesotho. The diamond was recovered together with a 22 ct white diamond and an 11 ct fancy light pink diamond.

Aim-listed Botswana Diamonds has completed the intensification drilling programme on the Frischgewaagt and Hartbeesfontein farms, which form part of its Thorny River diamond dyke project, in South Africa. The intensification drilling programme comprise…