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LATEST Diamonds and gems  

Anglo American cuts diamond production goal as buyers balk

Demand for diamonds remains weak.

The world’s biggest diamond mine is closing

Argyle is the source of about 90% of the world’s prized pink diamonds.

African banks to fund construction of world’s biggest marine diamond mining vessel

Nedbank Namibia, RMB Namibia, Standard Bank, Absa and Bank Windhoek agreed to provide 80% of the funding for the ship.

De Beers diamond sales slump again in another warning sign

Although this is a quiet period, total sales so far in 2019 are still much weaker than in previous years.

Diamond trading goes online as Lucara takes on industry goliaths

The opaque diamond trade may be ripe for disruption.

Second-biggest diamond in history found, but it’s not that great

Giant 1 758-carat diamond found in Botswana.

Tiffany training Africans to cut diamonds sourced from region

CEO considers SA an 'interesting' market.

Mine where the biggest-ever diamond was found delivers again

Petra recovered a 425-carat white color Type II stone on Friday.

Gemfields has yet to transform its potential into profit

One of the most interesting shares on the JSE, but still struggling to woo investors.

De Beers sales sputter again as cheap diamonds remain unloved

De Beers has been forced to cut prices and offer concessions to buyers.

Petra Diamonds appoints new CEO, share price rises

The appointment of Richard Duffy as CEO would benefit the company as it sought to cut debt, analysts say.

Famed Cullinan mine banks on big diamonds to drive down debt

Mine owned by Petra Diamonds may take 5-10 years to clear debt.

Good diamonds are hard to find at world’s richest gem mine

The average price of diamonds found at the Letseng diamond mine in Q4 was valued at almost half of its full year price.

De Beers diamond sales falter as small stones struggle to sell

Oversupply hits miner.

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