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NUM to march in protest of De Beers’ Kimberley Mines sale

Members of The National Union of Mineworkers (NUM) will march on 14 January in protest of De Beers Consolidated Mine’s (DBCM) sale of its Kimberley Mines. The NUM is opposed to the sale, indicating it was not...

Petra Diamonds / Ekapa consortium to acquire De Beers’ Kimberley Mines

LSE-listed South African diamond miner Petra Diamonds on Tuesday said it will acquire an interest in De Beers Consolidated Mines’ (DBCM) Kimberley Mines in South Africa for R50.9 million. The acquisition will be in a...

Anglo American diamonds production down 27% for Q3, 2015

International diamond major De Beers, in which Anglo American owns an 85% stake, decreased its diamond production by 27% in Q3, 2015 following the decision to reduce production to better reflect current trading conditions. This...