Latest articles on Diamond Industry

Competition in diamond market chips away at De Beers

Article Staff Reporter - 23 Mar 2016

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

Diamond surge a ‘flash in the pan’

Article Thomas Biesheuvel 1 - 11 Feb 2016

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

Region fails to cut it in diamonds

Article Staff Reporter - 5 Nov 2015

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

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Diamonds aren’t Sacu’s best friend

Article Staff Reporter - 17 Sep 2015

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

‘Flawless’ SA diamond sells for $22m

Article Reuters - 22 Apr 2015

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.

Botswana diamond workers bleed

Article Staff Reporter - 19 Feb 2015

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

Africa’s diamantaires in the rough

Article Staff Reporter - 11 Dec 2014

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

SA diamonds languish in the rough

Article Staff Reporter - 14 Jun 2013

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

Oppenheimers leave the diamond race with $5bn sale

Article Staff Reporter - 4 Nov 2011

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

Battle is on for Zim gems

Africa Jason Moyo - 12 Nov 2010

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

Zim defiant about diamond export

Article Jason Moyo - 25 Jun 2010

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

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