Aim-listed Karelian Diamonds said on Wednesday that a confidentiality agreement that it entered into with Rio Tinto Mining and Exploration in 2010, had lapsed. Under the agreement, Rio Tinto has been disclosing to Karelian confidential information relating to exploration in Finland for the purpose of Karelian considering that information in
Tag: DMCC
De Beers Venetia Mine has unveiled a R10-million coronavirus testing laboratory that will be used to check the diamond mines’ employees and contractors for Covid-19. Discussion with the Department of Health is also under way on assisting with the government’s screening efforts in the mine’s labour sending areas of Musina
Jewelers of America (JA), the national trade association for businesses serving the fine jewelry marketplace, and Get Diamonds, the world’s largest B2B online diamond marketplace that is backed and supported by the World Federation of Diamond Bourses (WFDB), have announced a Member Benefit Partner agreement. Through this agreement, JA
Following a strategic review into its capital structure options, London-listed Petra Diamonds has decided to seek offers for the company or for parts of the business’ assets. Petra started a strategic review of its capital structure options on March 27 to explore options available to settle an outstanding senior secured
Petra Diamonds has announced that its board of directors has decided to seek offers for the company, parts of the business, or its assets. Petra is exploring all options available to it in relation to its $650 million outstanding 7.25% senior secured notes which are due for repayment on 1 May
Petra Diamonds has put itself or parts of its business up for sale, the Africa-focused miner said on Friday, as part of a review the company began in March after being hammered by lacklustre demand and prices for the precious gem. The company has been in talks with its creditors