Rockwell Diamonds targets 10 000 ct/m in long-term

JSE- and TSX-listed Rockwell Diamonds has a long-term vision to become a gemstone producer of about 10 000 ct/m, said president and CEO John Bristow, announcing the company's first quarter results. The Vancouver-based company, which owns mines...

TanzaniteOne’s ‘deplorable’ actions ‘sad’ for corporate governance – Gemfields

Aim-listed gemstone producer Gemfields has again lashed out at TanzaniteOne, describing as “deplorable” the decision by its directors to override shareholders by using a “temporary voting instrument of their own design” to push through...

TanzaniteOne pushes through controversial resolutions

Aim-listed TanzaniteOne has confirmed that resolutions placed before shareholders at what some saw as a controversial special general meeting, held on April 16, were approved. Prior to the meeting, TanzaniteOne faced severe criticism from...

TanzaniteOne says general meeting has been properly arranged

Aim-listed TanzaniteOne argued on Wednesday that it had received legal advice confirming that the special general meeting, to be convened on April 16, had been arranged in the appropriate manner and was in compliance with all necessary...

Gemfields bids for Tanzanite One

London-listed Gemfields Resources has announced a £33-million offer for Tanzanite One to create the world’s leading miner of coloured gemstones. Gemfields, which owns the rights to the Fabergé luxury goods brand, said on Friday that the...

Gem price to remain firm says Namakwa

There is significant potential for world diamond prices to stay high as the rough diamond market continues to struggle to keep up with demand, according to listed Australian gemstone producer, Namakwa Diamond Company.