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…

February 10, 2013

Diamond jobs are not forever: Rio axes 350 at Argyle

Expansion at the home of pink gems cut back.

February 6, 2013

South Africa pushes for greater tax revenues from miners

South Africa seeks to extract greater tax revenues from its mining companies as they struggle to deal with rising costs and declining commodities prices.

February 5, 2013

Zimbabwe unlikely to access money coming from its diamond industry: report

The country's diamond industry seems to be under the control of a "predatory elite."