The company traded up 7.85% in the past five days to $5.22 a share.
The industry’s aggregate market capitalization improved for the sixth month in a row in June, reaching $1.75 trillion, the highest level since January 2013.
Mr. Pattison likes his odds with Mr. Turner at the helm again.
Survey shows 9 out of ten Australian mining execs see few positives over next 12 months.
The world's largest diamond miner by market value said it will adopt a more flexible sales approach.
The world's No.1 diamond company by output also said its diamond production dipped in the first half of 2014 by 7%, standing at 15.9 million carats.
One-day seminar, which will be conducted in English, to take place July 22.
Mirny's operations lasted 44 years.
Charles “Chuck” Fipke is selling his remaining 10% interest in the mine.
Mines are closing on-site bars citing safety concerns.
Sector now delivering some of the healthiest returns for many of the world’s biggest miners, including Rio Tinto and Anglo American.
It has become economically unviable for miners to dig any deeper for the precious stones.
Minister of Mines and Energy Isak Katali said the idea is to give diamond dealers and manufacturers the opportunity to buy directly from locals.
Share price continues to hit all-time highs.
That’s one massive diamond, which will never be cut, as it is 900 light-years away from our planet.
Company's rough diamond prices proxy for opaque market.
The Udachny mine, in the country's northeast, is also expected to become one of the world’s biggest underground diamond operations.
But the world's No.1 diamond company by output saw a big jump in revenue: up 43% to $1.6 billion
Net profits from progressing economies-based miners reached $24 billion in 2013, compared to a net loss of $4 billion for developed market firms.
The new synthetic rock is harder than its natural counterpart and can withstand even higher temperatures.
The 122.52-carat blue diamond won't be sold before the end of Petra's current financial year on June 30.
De Beers, the world's largest diamond miner by market value, is also bracing for a rough diamond demand rush.
Tin, tantalum and tungsten mines used to generate $185 million a year for armed groups. Now, about two-thirds of those operations are part of peaceful supply chains, study shows.
For years it seemed that juniors were fleeing from diamond exploration — and for good reason.
Orbiting spacecraft could be refuelled with water taken from asteroids—but some experts doubt the economics.
The newly elected president of the World Diamond Council is not in favour of expanding the scope of the Kimberley Process scheme beyond conflict zones.
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