The state miner is moving to increase its take from joint ventures with international miners such as Glencore and China Molybdenum, which it accuses of not bringing enough money to the country.
DIAMONDS Mining News
Minister of Mines and Mining Development, Winston Chitando told Reuters there would be "no change" for diamonds and platinum when asked about industry speculation the indigenisation rules could be relaxed further.
While prices remain stagnant and demand uncertain, the company is churning out more stones than at any other time in the past decade.
Rio Tinto and JV partner Dominion Diamond Mines have revealed three of the finest large rough diamonds from their Canadian diamond mine.
There are three key components to building a mine, starting with a competent, experienced management team.
The most exciting news from a mining exploration stock is a high-grade drilling result.
"Add a little punkiness to it."
A tight community of stock brokers, promoters and Canadian diamond investors saw some excitement today as North Arrow Minerals (NAR.V), a diamond explorer with active projects in Nunavut, Saskatchewan and elsewhere in Canada, halted its stock pending news.
The ten largest diamond mines in the world by measurable reserves contain more than one billion carats of recoverable diamonds.
As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect.
Two of the seven miners at Marange, Anjin and Jinan, will be shutting down.
Mount Burgess sues after Botswana denies license renewal.
Diamond financing will take centre stage at the Dubai Diamond Conference 2013 (DDC 2013), the Dubai Multi Commodities Centre (DMCC) confirmed today.
Australian miner plans transition to start in May as Marius Kloppers retires.
The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process' members.
Artificial diamond-maker Scio Diamond Technology (OTC_BB:SCIO) has announced plans to dramatically raise shipments on the back of record production levels.
Australia's political and business leaders signaled their emphatic support for the country's increased involvement in the African mining sector at a conference in Perth on Thursday.
A US company is providing a novel new service to the recently bereaved by converting the remains of deceased loved ones into one of the world's most imperishable substances - genuine diamonds.
A strike by over a thousand employees of Anjin Investments has crippled the Chinese company's Zimbabwe-based diamond mine.
The Zimbabwe government has announced plans to implement total nationalization of the country's diamond industry.
Diamonds can also be made in factories by squeezing Carbon in massive presses at high temperature and pressure (HPHT). Manufactured Diamonds have great utility in industrial tools and as abrasives.
Mr. Wayne Prentice and Mr. Bryan Kerrison have joined the Board of Directors of the Sweetwater Company. Sweetwater is known for making diamonds that are structurally identical to natural diamonds.
Times of India reports that diamonds have surpassed gold in the country as key objective for investment, particularly among wealthy individuals who are wary of the volatility in the prices of gold.
Australia, Canada, South Africa and many more countries are courting a small, transient, global workforce of engineers, geologists and metallurgists to keep their mining, oil and gas, and energy operations running. What can these major corporations do to secure the right talent? If you’re Rio Tinto, you turn to content marketing.
Botswana Diamonds recently listed on the Aim Market mining sector and says plans are underway to have a secondary listing on the Botswana Stock Exchange. Executive chairman of Botswana Diamonds John Teeling recently had an interview with proactive...