February 19, 2013

Australian opal mining town on brink of collapse: miners

The local region contains the world's largest deposits of black opals as well as other opal gemstones.

February 17, 2013

European Union to ease restrictions against Zimbabwe

The United States, Canada, Australia and New Zealand also have their own-targeted measures against the African leader and his inner circle.

February 16, 2013

Homeless man gives back $4,000 diamond ring

It was dropped by accident in his change cup.

February 15, 2013

De Beers sees diamond market showing signs of recovery, focused on SA mine expansion

World's biggest diamond producer said Friday jewellery demand will experience moderate growth this year, which represents a major shift from the 12% decline in rough diamond prices last year.

February 14, 2013

Moody’s issues water warning to miners

Scarcity puts pressure on capex and raises operational risks.

February 12, 2013

Zimbabwe’s ruling party suspends top officials over diamond fraud

Zimbabwe's ZANU-PF party has suspended five senior officials on suspicion of fraud involving $700,000 of diamond proceeds.

February 12, 2013

Diamond dealers meet in Dubai

Group aims to to establish Dubai as the global gateway for commodity trade.

February 12, 2013

World Diamond Council meets in May

The Ninth Annual Meeting will take place in Israel.

February 12, 2013

Russia’s Alrosa unearths $1 million diamond

The octahedron-shaped diamond is transparent with a yellow tinge.

February 11, 2013

De Beers diamond mine in Canada hit by new blockade

A group of residents of a remote Canadian reserve in northern Ontario is once again blockading an ice road used to move heavy equipment and supplies to De Beers' Victor…