De Beers to partially lift its source-disclosure ban – report

De Beers is set to relax its source-disclosure restrictions for diamond buyers known as sightholders as calls for transparency grow to a crescendo, according to Rapaport News.


AGD Diamonds commissioned yet another facility to improve ecology at the Grib mine

In mid-December, AGD Diamonds’ Mining and Processing Unit at the Grib diamond mine launched a car wash to clean rock haulers and auxiliary mining equipment, the company’s press service said.


Trans Hex returns to profitability

Trans Hex, which has operations in Angola and South Africa, said it recorded a net profit of R52-million ($3.7 million) for the six months ended September 30, compared to a loss of R199-million ($14 million), a year earlier.


India’s polished diamond exports down by 12% in November

Polished diamond exports dipped by 12.06% as compared to the same month in 2017, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.


TAGS Dubai tender sells $46m worth rough diamonds

Trans Atlantic Gem Sales (TAGS) sold $46.4 mn worth of rough diamonds during a tender in Dubai in late November and early December, as per the company.


De Beers to run 30-day search in last gasp effort to save Voorspoed

02 august 2018
( - De Beers has abandoned its formal process of finding a buyer for Voorspoed, the Free State province mine the diamond group said in November it viewed as non-core. However, South Africa’s Department of Mineral Resources (DMR) wants DBCM to throw a lifeline to Voorspoed by running a process parallel with retrenchments in which it seeks to find an “… operator capable of purchasing Voorspoed mine”. This followed a meeting on July 30 in which the DMR expressed its concerns regarding job losses in the mining sector.