January 26, 2013

Zimbabwe launches diamond fraud investigation in lead up to election

Zimbabwe's incumbent ZANU-PF party has ordered police to launch an investigation of claims that five provincial leaders defrauded over a million dollars from various diamond mining companies

January 24, 2013

Ernst & Young Conducts New Study on Investment Diamonds

"With increasing interest in the purchase of polished diamonds as an investment asset, we wanted to confirm that the prices of our diamonds were competitive against other wholesalers and retailers,"…

January 24, 2013

Botswana Diamonds pursues 12 new exploration projects

The company's executive chairman, John Teeling, said Botswana Diamonds was taking other big steps to becoming a major player in the market.

January 24, 2013

Eurostone and Diamaz to supply custom-cut diamond to luxury watch and jewellery markets

"Our joint venture will kick off next week in Antwerp, where we will be exhibiting - under the Diamaz brand - at the fourth edition of the Antwerp Diamond Trade…

January 23, 2013

Western Australia releases book on local gemstones

Western Australia has a growing international reputation as a major source of pink and other coloured diamonds, as well as beryl, topaz, tourmaline and gem-quality quartz.

January 22, 2013

BHP Billiton production report for the half year ended December 2012

The release highlights iron, copper, petroleum and coal production.

January 22, 2013

Angola’s Escom eyes May production from new diamond mine

The Tchegi alluvial site will, together with Escom’s existing Luo kimberlite mine, produce a total of about 35,000 carats a month by the end of the year.

January 21, 2013

De Beers aims to recoup investment from Anglo gem deposit

The diamond producer is confident of finding a gem deposit in Angola that will allow it to more than recoup the $250 million it has spent on exploration.

January 21, 2013

Canada firm as top mining destination: report

Exploration investment in the country reached a record high of $3.9 billion in 2011, with the three territories receiving 22% of the total international spending for the year.

January 19, 2013

Russian diamonds exempt from WTO regulations under Kimberly Process

The Kimberley Process, ensuring good origins of diamonds, imposes restrictions prohibited by the WTO, but the latter agreed in 2003 to grant exemptions to the process' members.