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LATEST Diamonds and gems  

Elite diamond-buying club shrinks as De Beers culls old clients

14 Jan 2021 /     1
In business shakeup.

Diamond industry’s torrid year set to continue for some time

2 Dec 2019 /  Thomas Biesheuvel, Bloomberg  
Jewellery demand growth remains subdued.

De Beers diamond sales sink to three-year low as buyers hold off

30 Jul 2019 /  Liezel Hill, Bloomberg  
Demand for high-end jewellery stagnates.

Anglo American cuts diamond production goal as buyers balk

18 Jul 2019 /  Thomas Biesheuvel, Bloomberg   
Demand for diamonds remains weak.

The world’s biggest diamond mine is closing

12 Jul 2019 /  David Stringer and Thomas Biesheuvel, Bloomberg   
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

19 Jun 2019 /  Nyasha Nyaungwa, Reuters   
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

21 May 2019 /  Thomas Biesheuvel, Bloomberg   
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

28 Apr 2019 /  Hanna Hoikkala and Niclas Rolander, Bloomberg  
The opaque diamond trade may be ripe for disruption.

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

26 Apr 2019 /  Thomas Biesheuvel, Bloomberg  
Giant 1 758-carat diamond found in Botswana.

Tiffany training Africans to cut diamonds sourced from region

15 Apr 2019 /  Pauline Bax, Bloomberg   
CEO considers SA an 'interesting' market.

Mine where the biggest-ever diamond was found delivers again

29 Mar 2019 /  Thomas Biesheuvel, Bloomberg   
Petra recovered a 425-carat white color Type II stone on Friday.

Gemfields has yet to transform its potential into profit

26 Mar 2019 /  Adriaan Kruger   2
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

5 Mar 2019 /  Thomas Biesheuvel, Bloomberg  
De Beers has been forced to cut prices and offer concessions to buyers.

Petra Diamonds appoints new CEO, share price rises

18 Feb 2019 /  Samantha Machado and Barbara Lewis, Reuters   
The appointment of Richard Duffy as CEO would benefit the company as it sought to cut debt, analysts say.
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