May 27, 2013

Petra Diamonds sells rare blue gem for $16.9m

The high quality coloured gem was extracted from the Cullinan mine in South Africa.

May 27, 2013

Central African Republic banned from international diamonds trade — watchdog

Ban comes several weeks after rebels seized control of the country from former President François Bozizé.

May 27, 2013

Canada’s main diamond producer names new President and COO

Chantal Lavoie's previous experience includes managing positions at Barrick Gold Corporation's Goldstrike and De Beers' operations in Canada.

May 26, 2013

Tony Blair called to rescue mining employees in Guinea

Ibrahima Touré and Issaga Bangoura have been in prison for over a month.

May 24, 2013

Diamond miner Alrosa’s Q1 production dropped 7.5%

Market conditions favoured higher rough demand as global supplies decreased, said the firm.

May 23, 2013

Lucara sells 239 carat rough diamond for $5.75m

The whole tender of 15 gems sold for $24.85 million.

May 23, 2013

Rio Tinto Diamonds launches Diavik auction platform, changes CFO

New auction platform allows Rio to place the majority of its production through supply agreements.

May 21, 2013

Tanzania has enough diamond supply for the next 50 years: report

Tanzania’s main diamond mine, Williamson, has a potential mine life of over 50 years, although the current mine plan only accounts for 18 years.

May 21, 2013

Commodity supercycle is essentially over: Citigroup

Group expects 2013 to be year in which “the death bells ring for the commodity supercycle after its duly noted sunset.”

May 21, 2013

Beating the diamond rush

Increasing interest in diamonds as an asset class should alert the savvy investor to get on board before the idea of diamond investing catches on and prices start to rise.