June 14, 2013

‘A diamond is a depreciating asset masquerading as an investment’

It's a rip off.

June 13, 2013

South Africa adopts hard-line stance on labour relations

Deputy President to meet with business, labour and government reps on Friday.

June 13, 2013

‘Million carats’ could be retrieved from diamond dump in Botswana

New modular tailings treatment project would allow to recover around 18 million carats over 20 years.

June 12, 2013

Zimbabwe bans alluvial mining

The government has cancelled all existing permits and will issue no new ones.

June 12, 2013

Little optimism for Canadian mining equities in Ernst & Young report

Weak performance from the Canadian mining market while S&P/TSX Composite index on the rise.

June 12, 2013

Canadian miners to face stricter rules on overseas payments

60% of all the world’s mining and exploration companies and 35% of all oil and gas companies are listed on Canadian exchanges.

June 11, 2013

Brazil Minerals obtains gemological analysis of recent diamond production

Sample included both colourless and internally flawless specimens.

June 11, 2013

Gem Diamonds sells stone for $9m

The firm sold the rough piece in a profit-sharing agreement.

June 10, 2013

Rio Tinto releases pink diamond and gold ingot

The Perth Mint will sell 168 limited edition pieces.

June 7, 2013

Canadian mining tax system distorts investment opportunities

Economists say tax breaks encourage investment in projects that might otherwise be uneconomic.