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R/€ = 19.96 Change: 0.02
R/$ = 18.24 Change: -0.01
Au 1583.91 $/oz Change: -12.79
Pt 714.80 $/oz Change: -6.64
 

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Petra Diamonds suspends guidance, scales down operations

By: Marleny Arnoldi     27th March 2020 London-listed Petra Diamonds has, in accordance with what the Department of Minerals Resources and Energy expects from miners during South Africa’s 21-day lockdown period, scaled down its operations. The diamond miner advised on March 27 that it had scaled down operations to operate at a... 

Top-quality 64 ct lla diamond recovered at Lucapa’s Mothae mine

By: Simone Liedtke     18th March 2020 ASX-listed Lucapa Diamonds has recovered a top-quality 64 ct D-colour Type Ila diamond at the Mothae project, in Lesotho. The 64 ct diamond is the twelfth diamond larger than 50 ct recovered at the mine since commercial production started in January 2019. 

Antwerp’s city-wide shutdown postpones diamond sale

By: Creamer Media Reporter      18th March 2020 Canada’s Mountain Province Diamonds said on Tuesday that its current sale had been postponed until further notice, as a result of the city-wide closures taking effect in Antwerp, Belgium this week. The sale is the company’s third diamond sale of the year. Mountain Province cautioned that,... 

On-The-Air (07/02/2020) 

By: Martin Creamer     7th February 2020 Strong steps are being taken internationally to stop criminals from getting stolen gold into the market; Minerals Council South Africa is going all out to boost junior mining; and Diamond miners may use airships to replace winter roads in frozen parts of Canada to mitigate against climate change. 

WDC calls for comment on its SoW toolkit, which assists with compliance

By: Marleny Arnoldi     31st January 2020 The World Diamond Council (WDC) is asking stakeholders to review its System of Warranties (SoW) Toolkit, following its unanimous adoption as a working draft by the WDC board of directors and members. Stakeholders have until March 31 to submit comments to WDC.  

De Beers' rough diamond sales increase in first sight of this year 

By: Creamer Media Reporter      29th January 2020 Diamond miner De Beers' rough diamond sales increased to $545-million for the first sales cycle of this year. This was higher than the $426-million in sales recorded for the tenth sales cycle of 2019, as well as the $500-million in sales recorded for the first sales cycle of 2019. 

Gemfields seeking admission to London’s Aim market 

By: Simone Liedtke     17th January 2020 Gemstone miner Gemfields intends to seek admission to trade on the Aim market of the LSE. The company does not intend to raise capital in conjunction with the admission, which it expects will become effective on February 14. 

Lucara finds partners to cut, polish diamonds from 1 758 ct Sewelô

By: Simone Liedtke     16th January 2020 Diamond miner Lucara Diamond has entered into a collaboration with famous luxury house Louis Vuitton and diamond manufacturer HB Company to manufacture its historic 1 758 ct Sewelô diamond that was recovered from Lucara’s Karowe diamond mine, in Botswana, in April last year. The purpose of the... 

Forevermark unveils first boutique in China

By: Simone Liedtke     10th January 2020 De Beers Group’s diamond brand, Forevermark, unveiled the first boutique in its Next Generation Retail Concept, located within jewellery department store Caibai, in Beijing, China. The newly renovated 100 m2 boutique breaks away from the traditional across-the-counter service, inviting consumers... 

Pensana appoints new CFO

By: Tasneem Bulbulia     10th January 2020 Robert Kaplan has been appointed CFO  and company secretary of ASX-listed Pensana Rare Earths ahead of its planned listing on the main board of the LSE next month. Kaplan previously worked in financial and treasury roles for LSE-listed diamond miner Petra Diamonds. 

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