ISRAEL Mining News

Plan to mine the moon gives Australia opening in new space era

Australia is joining the growing number of nations looking to compete in space. Its advantage? Half the country already looks like Mars.

Alrosa makes $90m in Israel

The world’s top diamond producer held six auctions this year in the Middle Eastern country.

Israel seeks early re-tender of mining rights to shore up Dead Sea

The Dead Sea is seen as offering "unlimited supply" of minerals.

Discovery of an ancient gold earring echoes of Greek rule over Jerusalem

A gold earring believed to date back more than 2000 years has been unearthed near the site of the ancient Jewish temples in Jerusalem, in what Israeli archaeologists called rare evidence of Hellenistic influence.

Israel now gets 40 pct of its water from the sea

The world's largest and lowest-cost desalination plant.

Blood diamonds still at Central African mining sector’s heart

A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.

Gold flat amid conflicting developments

Host of competing factors trap precious metal.

Money laundering, terrorism financing diamond trade in India, Israel, Belgium, Canada and the US — report

Global diamond trade is being used to launder illegal funds worth millions of dollars, claims polemic study.

Israel's diamond exports rising while industry battles legislators

Israel's polished diamond exports rose by 12% over the past year, after a 23% dip in 2012.

Israel Chemicals loses amid higher royalty rumours

Israeli government creates panel to review mining industry royalties and taxes.

Thousands of Israelis protest against Potash Corp intended acquisition deal

Hundreds of workers blocked the entrance to a plant belonging to ICL, the company that Potash Corp wants to acquire.

World Diamond Council meets in May

The Ninth Annual Meeting will take place in Israel.

Prophecy of diamonds keeps Israeli firm digging

Somewhere in the Carmel hills of northern Israel, diamond exploration company Shefa Yamim hopes to uncover the exact spot where faith meets science.

Israel diamond trade up double-digits for 2011

The Israeli diamond industry reports that its diamond trade grew double-digits in 2011 despite a slowdown in activity worldwide in the fourth quarter.

Dalumi Launches Golden Diamonds Collection

Israel-headquartered diamond manufacturing company Dalumi is set to launch a new jewelry line, “Golden Diamonds Collection,” at the upcoming Hong Kong trade shows.

Israel's diamond trade sees doubled-digit growth in Q3

Israel's diamond industry has continued to show growth during the third quarter of 2011, according to figures published by the Ministry of Industry, Trade and Labor's Diamond Controller Shmuel Mordechai. The figures show double-digit growth in ...

Israel's Rough Imports $3.5 Billion in Q3

Israel's rough diamond trade was rising in the third quarter of 2011, according to the latest released figures. Net rough diamond imports increased about 35 percent to $3.519 billion.

Lucara Diamond to Start Trading on Toronto Stock Exchange

Rough diamonds (illustrative) Lucara Diamond Corp. will begin trading on the Toronto Stock Exchange as of the market opening on August 29, 2011, under its current trading symbol, LUC, the company announced on Thursday. The diamond company's shares were

A tourist goldmine in these ancient copper mines

Israel's picturesque Timna Park gets a spruce-up to attract more visitors to explore its rich archeology and its modern lake, hike and bike paths. The park's story began 6,000 years ago, when the world's first copper mines were dug here.

Despite terrorist attacks, Israeli firms insist on IIJS

Israeli diamond traders, very familiar with terrorist attacks and how it affects business activities, are not wavering from their commitments to furthering ties with their Indian counterparts.

Israel Chemicals raises potash prices 17.5% in new China deal

Globes reports Israel Chemicals, a unit, ICL Fertilizers, will sell potash to its Chinese customers at $470 a ton, $70 a ton higher than prices to China during the first half of 2011. Under the terms of the current contract, 500,000 tons will be delivered in the second half of 2011 for $235 million. ICL reported that since 2010, it has broadened its customer base in China, and sells potash directly to Chinese fertilizer producers and distributors. ICL, which is controlled by Israel Corp, is the world's sixth-largest producer of potash.

Tel Aviv’s Jovella Exhibition to feature innovative design

Jovella 2011, Israel’s 8th international jewelry and diamond exhibition, will be held July 5–6 in Tel Aviv. The exhibition will feature a Designer Boulevard, as well as collaboration with Shenkar College’s Department of Jewelry Design.

IDEX Online Research: polished diamond prices rise again in May

The IDEX Online Polished Diamond Index averaged 132.1 in May, setting a new record, as polished diamond prices continue to rise. The record surpassed the prior record level both last month and in the pre-recession […]

IDI organizes First Israeli Diamond Pavilion at Hong Kong June

The Israel Diamond Institute (IDI) will present the first Israeli Diamond Pavilion at the June Hong Kong Jewellery & Gem Fair, June 23 – 26. The pavilion will feature 60 diamond companies, many of whom […]

Dalumi Sets Foot in Mumbai

Israel-headquartered diamond firm Dalumi opened an office in Mumbai, saying it wants to be closer to the fastest growing diamond center in the world.