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Diamond Industry

Competition in diamond market chips away at De Beers
Article
/ 23 March 2016

Competition in diamond market chips away at De Beers

Market pressures have driven sightholders to rebel against the high prices being set by Anglo, writes Roman Grynberg.

By Roman Grynberg
Diamond surge a ‘flash in the pan’
Article
/ 11 February 2016

Diamond surge a ‘flash in the pan’

Industry leaders say that the current demand is not sustainable, and predict that prices will taper off towards the latter half of 2016.

By Thomas Biesheuvel 1
Region fails to cut it in diamonds
Article
/ 5 November 2015

Region fails to cut it in diamonds

Namibia, Botswana and South Africa did little to halt the collapse of the beneficiation industry.

By Roman Grynberg
Diamonds aren’t Sacu’s best friend
Article
/ 17 September 2015

Diamonds aren’t Sacu’s best friend

Unfair revenue-sharing in the Southern African Customs Union is getting worse, writes Roman Grynberg.

By Roman Grynberg
‘Flawless’ SA diamond sells for $22m
Article
/ 22 April 2015

‘Flawless’ SA diamond sells for $22m

A jaw-dropping, 100-carat diamond mined by De Beers in South Africa sold for $22.1-million at Sotheby’s auction house in New York.

By Reuters
Botswana diamond workers bleed
Article
/ 19 February 2015

Botswana diamond workers bleed

Rising costs have exposed flaws in a beneficiation deal that should have been clear-cut, writes Roman Grynberg.

By Roman Grynberg
Africa’s diamantaires in the rough
Article
/ 11 December 2014

Africa’s diamantaires in the rough

Low productivity and the concomitant costs are harming the local beneficiation industry.

By Roman Grynberg
SA diamonds languish in the rough
Article
/ 14 June 2013

SA diamonds languish in the rough

Botswana’s industry is sparkling compared with its neighbour’s declining sector.

By Staff Reporter
Oppenheimers leave the diamond race with $5bn sale
Article
/ 4 November 2011

Oppenheimers leave the diamond race with $5bn sale

The Oppenheimer dynasty has ended by selling their 40% of De Beers to global miner Anglo American for $5.1-billion.

By Staff Reporter
No image available
Africa
/ 12 November 2010

Battle is on for Zim gems

Big money arriving in the country has resuscitated old rivalries among the political elite.

By Jason Moyo
Zim defiant about diamond export
Article
/ 25 June 2010

Zim defiant about diamond export

The country is eager to rid itself of a large stockpile and could deliver 25% of global supply.

By Jason Moyo
No image available
Article
/ 29 April 2009

Angola’s diamond sector regaining lustre

Angola’s diamond sector is slowly recovering but gem prices still need to rise by around 15% this year to enable companies reinvest in it.

By Staff Reporter
No image available
Article
/ 9 March 2009

Downturn, debt dull diamond sector sparkle

It wouldn’t be fitting to mount a barrage of ”sale” and ”special offer” signs in the windows of jewellers crowded into Antwerp’s diamond square mile.

By Philip Blenkinsop
No image available
Africa
/ 24 February 2009

Diamonds aren’t forever

‘Watertight’ investments in diamond mines and real estate spring a major leak.

By John Grobler
No image available
Article
/ 20 February 2009

De Beers benefits from $500m ‘buffer’

The world’s largest diamond group, De Beers, said its three shareholders have agreed to loan the company -million.

By Staff Reporter
No image available
Article
/ 16 January 2009

De Beers in talks with unions on looming job cuts

De Beers Consolidated Mines has begun consultation with labour unions about possible retrenchments, the world’s largest diamond miner said on Friday.

By Staff Reporter

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