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Kimberley
Kimberley Rough Goes on Sale in Antwerp
Production from the Kimberley mining operations in SouthAfrica will come to Antwerp for tender following Petra Diamonds’ sale of theasset. Until now, Petra only offered the goods for sale in SouthAfrica. The company offloaded...
Rough Markets Aug 29, 2018 Rapaport News
De Beers Botswana 150
De Beers, Botswana Prep for New Sales Deal
Botswana once again finds itself at a crossroads. The sparsely populated,landlocked country is in a constant battle to ensure the longevity of itsdiamond industry.Recognizing that diamond mining will not last forever, thegovernment’s beneficiation program has sought to establish...
Mining Jul 09, 2018 Avi Krawitz
GIA Pink Diamond
Petra Sells Kimberley Mine for $22M
Petra Diamonds will offload its majority stake in theKimberley mine, claiming the deal will ensure a sustainable future for theproject and help the company focus on its core assets. Ekapa Mining has agreed...
Mining Jul 05, 2018 Rapaport News
Petra Diamonds CEO Johan Dippenaar holding 122.52
Petra Diamonds Posts Heavy Loss
Petra Diamonds slumped to a significant loss in the first fiscalhalf as the South African rand strengthened against the dollar, reducing the value of two mines the company operates in the country. The net loss came...
Mining Feb 19, 2018 Rapaport News
Cullinan Mine Workers 150
Diamond Seizure Dents Petra’s Sales
Petra Diamonds’ sales fell in the first fiscal half afterthe Tanzanian government confiscated a parcel of rough stones from itsWilliamson mine. Authorities seized 71,654 carats destined for Antwerp inSeptember, claiming that Petra had...
Mining Jan 29, 2018 Rapaport News
Yellow diamonds Bonhams Nov 2017
Historic Yellow Diamonds Up for Auction
Five storied fancy vivid yellow diamonds with a historicalconnection to the Cullinan family will go under the hammer in London next month.Three of the diamonds, which are step-cut and weigh 5.29carats, 3.11 carats and 2.37...
Polished Markets Nov 20, 2017 Rapaport News
Botswana Diamonds Vutomi
Explorer Looks to Revive Historic Diamond Area
Botswana Diamonds has discovered a potential spot fordiamond mining in an area of South Africa that it claims was an importantregion for the sector in the 19th century.A number of diamond mines existed in the Free State Projectarea prior...
Mining Oct 30, 2017 Rapaport News
Finsch mine Petra
Strikes End at Petra Diamonds’ Mines
Petra Diamonds has reached a new wage agreement with workers at three of its South African mines, bringing strikes atthe projects to an end.The company struck a deal with the National Union ofMineworkers over salaries at the...
Mining Oct 01, 2017 Rapaport News
Petra Diamonds Koffiefontein mine
Petra Strikes Spread to Koffiefontein Mine
Workers are striking at Petra Diamonds’ Koffiefontein minein South Africa, adding to industrial action already taking place at two of thecompany’s other projects in the country. South Africa’s National Union of Mineworkers informed therough producer of the...
Mining Sep 24, 2017 Rapaport News
Petra Kimberley Ekapa Mining
Petra Hit by Strikes at Two Mines
Workers are striking at two Petra Diamonds projects inSouth Africa, adding to the company’s woes amid uncertainty over the future of anothermine in Tanzania.Industrial action has been disrupting operations at the Finsch and Kimberley mines...
Mining Sep 19, 2017 Rapaport News
Saxendrift Rockwell
Rockwell Sales Slump Amid Legal Woes
Rockwell Diamonds reported revenue dived 51 percent to $2.7million (CAD 3.5 million) in the third fiscal quarter as litigation forced thecompany to suspend operations at its Wouterspan mine in South Africa.Rough diamond sales plummeted 65 percent to $1.8 million(CAD...
Mining Jan 17, 2017 Rapaport News
Lerala
Kimberley Diamonds Gets Delisting Approval
Kimberley Diamonds came a step closer to being delisted fromthe Australian Securities Exchange (ASX) in a move that it hopes will reducecosts and facilitate fundraising.The exchange approved Kimberley’s request, leavingshareholders with the final say. Thecompany...
Mining Dec 26, 2016 Rapaport News
Kimberley Mine Petra Ekapa
Petra, Ekapa Combine Kimberley Operations
Petra Diamonds and Ekapa Mining agreed to merge theiroperations in South Africa's Kimberley region in a bid to extend mining in thehistoric diamond-mining area.As part of the deal Petra’s Kimberley Underground mines,Ekapa’s tailings operations, the Kimberley Miners...
Mining Jul 10, 2016 Rapaport News
Lerala
Kimberley Completes First Sale of Lerala Rough
Kimberley Diamonds sold its first parcel of rough from theLerala Diamond Mine in Botswana for an average price of $98 per carat in anonline auction Tuesday.The “small” parcel of gem and near-gem quality diamonds wassent to Antwerp...
Mining Jun 30, 2016 Rapaport News
Ellendale Mine
Kimberley Sells Shares to Repay Chinese Firm
Kimberley Diamonds raised $3 million (AUD 4 million) by issuingshares to partly repay a loan taken out from a Chinese auction house.The company said it sold 40.2 million shares at AUD 0.10 pershare, and of these about 7 million shares...
Mining Jun 27, 2016 Rapaport News
venetia
De Beers 2Q Production +7%
De Beers production rose 7 percent year on year to 8.515 million carats in the second quarter of 2014, Anglo American reported. The increase was largely due to higher output at the company's Venetia mine, following pit flooding...
Mining Jul 17, 2014 Deena Taylor
Finsch Mine
Petra Diamonds FY Revenue +27%
Petra Diamonds' revenue rose 27 percent year on year to $402.7 million in the fiscal year that ended on June 30, 2013. Growth was driven by a production increase of 21 percent to 2.668 million carats mainly due to the Finsch...
Mining Jul 30, 2013 Avi Krawitz
WDC
WDC Plenary Agrees to a Wider Definition of 'Conflict Diamonds'
PRESS RELEASE: Members of the World Diamond Council (WDC), meeting today in a plenary session at the WDC's eight annual meeting, reaffirmed the diamond and jewelry industry's commitment to eliminating the trade in conflict diamonds, and...
Rough Markets May 14, 2012 WDC
kimberley process
U.S. Kimberley Process Annual Reports Due on April 2
The U.S. State Department requires that rough diamond importers and exporters file an annual report with the Office of the Special Advisor for Conflict Diamonds at the U.S. Department of State each calendar year...
Financial-Legal Mar 20, 2012 Jeff Miller
Milovanovic
Fernandez Appoints Milovanovic as Kimberley Process Chair
Assistant Secretary for Economic and Business Affairs Jose W. Fernandez is pleased to announce that Ambassador Gillian Milovanovic will serve as chair of the Kimberley Process for 2012. The Kimberley Process selected the United States...
Rough Markets Jan 26, 2012 U.S. State Department
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