March 22, 2013

Harry Winston sells its luxury division to Swatch

The Swatch Group is paying $750 million plus the assumption of up to $250 million of pro forma net debt.

March 19, 2013

Dubai Diamond Conference Day Two addresses need for sustainable development of diamond producing nations

The second day of the Dubai Diamond Conference 2013 (‘DDC 2013’), hosted by the Dubai Multi Commodities Centre and Dubai Diamond Exchange, began with highlighting the need for sustainable financing…

March 19, 2013

Global downturn takes a toll on Canada’s north ‘mining boom’: report

Even with the downgrade, overall economic growth in Nunavut is forecast to be 3.4% in 2013 and 8.8% in 2014.

March 19, 2013

De Beers unveils store in Baku

Diamond jeweller establishes retail space in the Caucasus region.

March 19, 2013

Sierra Leone’s small-scale miners toil for diamonds

PHOTOS: Gemstone mining in western Africa is a tough slog every day.

March 19, 2013

Miner finds 239 carat raw diamond in Botswana

Two more stones weighing 124 and 71 carats were also extracted.

March 18, 2013

Rio Tinto highlights the importance of innovation in the Chinese diamond industry

Rio Tinto this week confirmed its commitment to support innovation as a driver of growth in the Chinese diamond industry and the important role that design will play in developing…

March 18, 2013

Study shows how to improve Extractive Industries Transparency Initiative

An international effort to ensure good governance of natural resources could do more to improve accountability and sustainability (IIED), according to research in the […]

March 15, 2013

160-year study of real commodity prices sees beginning of the end of the supercycle

For those with a very long time horizon, the news is good though.

March 14, 2013

South Africa mining production up thanks to iron ore, diamonds

The news surprised analysts, who had predicted a decline of 4.2%