De Beers Sale on Right Track, says Botswana Vice President

April 30, 25 by John Jeffay

Botswana's vice president says he's confident that a new buyer will be found for De Beers by the end of the year - and he hinted that the government could substantially increase its own stake, currently 15 per cent. Ndaba Gaolathe said there were... Read More...

Lower Production Hits Mountain Province Q1 Revenue

April 30, 25 by John Jeffay

Mountain Province revenue more than halved during a challenging first quarter, as global demand remained low and production was switched to stockpiles. The Toronto-based miner reported sales of CAD 44m (USD 30.7m), down 54 per cent from... Read More...

Johnny Cash Jewelry to be Auctioned

April 30, 25 by IDEX Online

A collection of over 100 jewelry items that belonged to Johnny Cash and his wife June Carter Cash is being auctioned online. Karats Auctions, based near Minnesota, Minneapolis, USA, says it's the third-largest Johnny Cash personal property... Read More...

It's raining

April 29, 25 by

It's raining Read More...

Bank of Namibia's Warning on US Diamond Tariffs

April 29, 25 by John Jeffay

Namibia's diamond industry may be pushed into deeper crisis if United States (US) president Donald Trump pushes ahead with implementing an export tariff of 21% on Namibia. The governor of the Bank of Namibia has warned that US tariffs ... Read More...

Memo by John Jeffay

April 30

FOR SALE: One iconic diamond miner, a bargain at only $4.1bn (current book price). That's a fraction of the value when De Beers last changed hands (approx. $13bn in 2012). It's now been on the market for almost a year now, but there was little in the way...  Read More...