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DIAMONDS AND GEMS
DIAMONDS AND GEMS
DIAMOND MINING
Tuesday
,
02 Mar 2010
The announcement from the country comes the day after an international monitor arrived to review the mining operations at the controversial Marange fields
ROUGH DIAMOND
Friday
,
26 Feb 2010
The highest price ever paid for a rough diamond
THE CULLINAN HERITAGE
Monday
,
22 Feb 2010
Some analysts put the diamond's worth as high as $25m
FIRST HALF NUMBERS
Monday
,
22 Feb 2010
The group says it plans to raise annual output to over 3m carats by 2019
ANALYSIS
Tuesday
,
16 Feb 2010
Rough diamond prices are recovering but the stocks have yet to reflect the shift, say analysts
BEYOND THE HEADLINES
Thursday
,
11 Feb 2010
Three shareholders recycle a billion dollars of dividends, received over the past four years, back into the world's biggest diamond digger.
STILL POSITIVE ON LONG TERM OUTLOOK
Thursday
,
11 Feb 2010
The diamond producer also announced it has raised $1bn from shareholders to cut debt.
ZIMBABWE
Wednesday
,
10 Feb 2010
An examination of the ominous implications of a report in The Zimbabwean
MINING INDABA
Tuesday
,
02 Feb 2010
The Democratic Republic of Congo's minister of mines, Martin Labilo said it is looking at introducing special laws meant to stimulate the gemstone sector
QUICK ANALYSIS
Monday
,
01 Feb 2010
Junior diamond miner, Firestone Diamonds is well placed technically and geographically to take advantage of the recent upswing in rough diamond prices.
INVESTMENT INSIGHTS
Thursday
,
28 Jan 2010
Diamonds may be forever, but the once-glamorous sector needs to rediscover its lost magic.
UPBEAT ON CASHFLOW
Saturday
,
23 Jan 2010
As diamond demand begins to return and prices to recover, De Beers is upbeat on its debt position as it agrees refinancing terms and sets up right issue.
2Q START-UP
Wednesday
,
20 Jan 2010
BK11 is expected to produce annual revenues of approximately $24 million per annum at operating margins of 60%.
WAGE NEGOTIATIONS
Tuesday
,
12 Jan 2010
However bonuses are no longer guaranteed
JOB CUTS
Friday
,
08 Jan 2010
Lay offs aimed at mines
AUCTION WAS SUPPOSED TO START ON THURSDAY
Thursday
,
07 Jan 2010
The government said the process would only go ahead with international supervision
INVESTMENT INSIGHTS
Tuesday
,
22 Dec 2009
This small, speculative, globally listed sector continues to attract specialist interest as it returns from clinical death.
DIAMOND DEAL
Tuesday
,
22 Dec 2009
The group announced Tuesday its Kimberley Diamond company unit has signed a long term supply agreement with a subsidiary of Tiffany & Co.
MIXED Q3 FORTUNES
Sunday
,
20 Dec 2009
Namibia's uranium output continues to rise and expected to quadruple over next few years, but diamond production falls a giant 55% year on year due to global economy.
SIGNIFICANT PROFIT POTENTIAL
Tuesday
,
15 Dec 2009
John Teeling, African Diamonds Chairman, reckons the initial cost of building the AK6 diamond mine in Botswana is now only $49 mln from an earlier estimate of $63 mln
CONCERNS ON COMPLIANCE
Saturday
,
12 Dec 2009
A number of countries criticized the UN General Assembly for not considering the Zimbabwe diamond fields situation in resolution on ‘blood diamonds'
GRADES EXPECTED TO INCREASE AT DEPTH
Thursday
,
10 Dec 2009
With an increase in grade and total resource behind it, Firestone Diamonds is set for production at its BK11 diamond pipe ahead of its previously planned schedule.
CASH STRAPPED
Friday
,
04 Dec 2009
Botswana is compelled to honiour its agreement re its holdings in top diamond miner De Beers to take up rights that will cost it some $150 million despite being short of actual cash.
LIVING ON HAND OUTS
Tuesday
,
01 Dec 2009
With cash flows from hell, the once mighty diamond miner is on its knees.
LUXURY JEWELLERY MARKET
Tuesday
,
01 Dec 2009
But analysts say it could boost real estate investments
RIGHTS ISSUE
Tuesday
,
01 Dec 2009
The money will be used to cut the diamond company's current $3.5bn debt burden
EQUITY FUNDRAISING
Wednesday
,
18 Nov 2009
Diamond miner Petra plans to raise $100 million in equity placing to take up option to double stake in the Cullinan mine and to cut debt
