March 24, 2014

Diamond prices spike whet De Beers appetite for new markets

The diamond giant expects to secure exploration rights in Angola before the end of the year.

March 22, 2014

Signs of recovery in India’s gold jewellery sector

But value of exports still down nearly 50% over the past 11 months due to domestic scarcity of the yellow metal.

March 21, 2014

De Beers to delay opening of world’s largest and richest new diamond mine

Regulatory restrictions limited shipments to the site this winter, delaying construction.

March 21, 2014

Diamond jewels owned by Pope Paul VI going for $1.9 million

The pieces not only are historically significant, but they are also unique as rarely ever Papal jewellery goes for sale.

March 20, 2014

Latin America gets its first diamond exchange

The bourse is expected to grow the $8 billion fine jewellery retail business in Latin America to more than $10 billion in the next two years.

March 16, 2014

Rio Tinto to pay an extra $75 million in taxes on new rulings

The miner is warning the multitude of new legislation could send compliance costs soaring by tens of millions of dollars for global companies.

March 14, 2014

Man finds 2.89-carat diamond at Arkansas state park

Estimated to be worth around $20,000.

March 14, 2014

Rio Tinto’s Sam Walsh scores $9m after pay increase in first year

The figure includes salary, a cash bonus, shares and other benefits for the man who was able to take Rio Tinto from a US$3 billion loss to a US$3.7 billion…

March 13, 2014

The state of global rough diamond supply 2014

50 mines are estimated to account for 90% of global rough diamond supply in 2014.

March 12, 2014

Rough diamond shows there is water hidden deep in the Earth

University of Alberta scientists have found the first direct evidence of vast amounts of water trapped deep inside the Earth.