Diamond division continues to struggle as PGMs and iron ore flourish
Star, RTEC alliance loses lustre
Synthetic diamonds are increasingly commoditised, eroding retail margins versus natural stones
Coronavirus has come at a bad time for struggling diamond producers.
A marked improvement in performance by Gem Diamonds suggests the diamond market is thawing.
Recovery area an 'economic driver' for underground plans
Production shrank 2.8% in 2019 according to latest figures
Petra Diamonds was not able to reduce its debts in the second half, but production remained strong.
Rio confirms iconic mine will close this year
Company says tough year for diamond market ended on positive note
Latest sales tender achieved an average price of US$548 per carat - 40% higher than than Q3 price.
Jefferies' target price of 2600p is nearly 20% higher than Anglo's current share price