Diamond News

Diamond mining and investment news

First ruby and pink sapphire mine coming soon to Greenland

Cecilia Jamasmie | October 31, 2014
First ruby and pink sapphire mine coming soon to Greenland

True North Gems expects to start production towards the end of winter of 2015.

Space miner loses first satellite in rocket explosion

Cecilia Jamasmie | October 29, 2014
Space miner loses first satellite on rocket explosion

The affected company is Planetary Resources, the U.S.-based start-up aiming to mine asteroids.

Rio Tinto’s Argyle Pink Diamonds Tender delivers exceptional results

Rio Tinto | October 28, 2014
Pink2

Rio Tinto’s 30th anniversary collection of 54 rare pink and red diamonds from its Argyle diamond mine has delivered exceptional results, achieving the highest average price per carat since the Tender began in 1984.

De Beers CEO to be guest speaker, at WDC's 2014 Annual Meeting in Antwerp

World Diamond Council | October 27, 2014
wdc4

Philippe Mellier will address a special all-day session focused on issues associated with the Kimberley Process.

World Diamond Council names Patricia Syvrud as Executive Director

World Diamond Council | October 27, 2014
WDC2

The World Diamond Council (WDC) has named Patricia Syvrud, founder and president of Joia Consulting, LLC, as its first Executive Director, effective October 31, 2014.

Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

Cecilia Jamasmie | October 23, 2014
Rio’s Walsh gets big backing from shareholders, to stay longer as CEO

The move is seen by analysts as an attempt to strengthen the firm’s image.

WDMF and Turkish Jewellery Exporters Association sign MoU, launch World Diamond Magazine at Istanbul Jewellery Show

World Diamond Mark | October 21, 2014
MoUthumb

"In practical terms, this means that the WDM's first pilot programme for accredited retail members, i.e. Authorized Diamond Dealers (ADDs) will begin in Turkey, one of the most exciting, and rapidly growing luxury product consumer markets..

Diamond found on the Marlin Property in till sampling program

Newswire | October 21, 2014

The Marlin Property comprises 23 mineral claims covering an area of approximately 26,000 ha and lies contiguous to the north and west of the Kennady Diamonds project and west of MLD’s Margaret Lake Property.

India diamond merchant boss gives 500 cars, 200 apts to employees

Cecilia Jamasmie | October 21, 2014
India diamond merchant boss gives 500 cars, 200 apts to employees

He has also insured 280 employees who have been with the company for more than a decade to the tune of $160,000 each.

Russian diamond giant Alrosa Q3 output falls

Cecilia Jamasmie | October 20, 2014
Russian diamond giant Alrosa Q3 output falls

The miner's total diamond production for the quarter reached 9.7 million carats, slightly down from 9.9 million carats in the same period last year.

Mining investment in Kazakhstan to reach $30bn by 2017

Cecilia Jamasmie | October 20, 2014
Mining investment in Kazakhstan to reach $30bn by 2017

The country is fine-tuning details of a new mining law that will make it easier for foreigners to tap the nation’s riches.

Mick Davis has now almost $5 billion to build new mining empire

Cecilia Jamasmie | October 15, 2014
Mick Davis has now almost $5 billion to build new mining empire

The former Xstrata boss' new venture, X2 Resources, is "currently reviewing a number of opportunities in the metals and mining sector."

INFOGRAPHIC: The value of diamonds in real world vs in Minecraft

MINING.com Editor | October 15, 2014
INFOGRAPHIC: The value of diamonds in real world vs Minecraft

The value of diamonds seems to have transcended our physical world and taken a privileged place in the universe of Minecraft, an increasingly popular Lego style adventure game.

This pink diamond sold for a historic record of $18 million

Cecilia Jamasmie | October 10, 2014
This pink diamond sold for a historic record of $18 million

It has set a world auction record on a per-carat basis for a gem of this colour.

Rockwell signs $7.2m BEE deal, mulls growth

Miningmx: Headline News | October 10, 2014

Rockwell Diamonds replaced a lapsed empowerment deal and said it may yield asset growth whilst plans were also afoot to double the firm's mining rate.

Cutifani says tough decisions needed to restore credibility

Cecilia Jamasmie | October 8, 2014
Cutifani says tough decisions needed to restore credibility

Anglo's chief warned the company plans to take severe measures over the next two years.

Russian diamond giant Alrosa begins mining at Karpinskogo

Cecilia Jamasmie | October 6, 2014
Russian diamond giant Alrosa begins mining at Karpinskogo

The kimberlite pipe is located at the Lomonosov deposit in northern Russia.

Alrosa diamonds sales reach $3 million in less than 10 days

Cecilia Jamasmie | October 1, 2014
Alrosa diamonds sales reach $3 million in less than 10 days

At the 2014 Hong Kong Gem & Jewellery Fair.

IIa Technologies Makes Breakthrough Discovery for Single Crystal Diamond Plates

IIa Technologies | September 30, 2014
THUMBIIa Technologies_Diamond Sample 3

Attested by major research institutes, IIa’s diamond plates are ideal for sophisticated medical and technological applications

Argyle pink diamond ring worth $577k stolen in Australia

Cecilia Jamasmie | September 29, 2014
Argyle pink diamond ring worth $577k stolen in Australia

Each of the diamonds in the ring is laser inscribed with a serial number.

This man stole a diamond worth $160,000 and traded it for bag of pot

Cecilia Jamasmie | September 29, 2014
This man stole a diamond worth $160,000 and traded it for a bag of pot

The diamond was soon recovered and returned to its owner.

NWT doles out exploration grants as diamond activity heats up

Andrew Topf | September 28, 2014
diavik mine feat

Northwest Territories, the northern Canadian region known for diamond mining, is giving a leg up to exploration companies through an incentive program it first rolled out in June.

Uncovering Canada's frozen assets

SNL Metals & Mining | September 24, 2014
ship_in_arctic

Canadian Prime Minister Stephen Harper announced the discovery of one of two ships that comprised Sir John Franklin's ill-fated expedition in 1845, which has revived interest in the metals wealth of the Arctic and its ownership.

Low metal prices put chill on global mineral exploration

Cecilia Jamasmie | September 24, 2014
Low metal prices put chill on global mineral exploration

Fresh data suggests it is still too early to celebrate a recovery in the sector.

New diamond nanothreads may let scientists build space elevator

Cecilia Jamasmie | September 24, 2014
New diamond nanothreads may let scientists build space elevator

Scientists have discovered how to produce ultra-thin diamond nanothreads, a sort of very strongnanotubes, which could prove to be stronger and hardier element currently available.

Rio Tinto celebrates Chow Tai Fook milestone with diamond masterpiece and new jewellery collection

Rio Tinto | September 23, 2014
rio-celebrates-chow-tai-fook-milestone-with-diamond-masterpiece-and-new-jewellery-collection

Diamonds from Rio Tinto’s Argyle mine in Western Australia will be showcased across China in an unprecedented fashion from next month, headlined by a special white and champagne diamond encrusted tiara.

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