December 9, 2012

Yakutian Diamond Company gets nod to acquire 100 pct of Nizhne-Lenskoye

On November, 28, 2012 Department of the Federal Antimonopoly Service at Republic Sakha (Yakutia) considered application of Yakutian Diamond Company Ltd. having approved acquisition of 100% voting shares in OJSC…

December 9, 2012

Hard-to-reach places drive miners to bet big on renewable energy

Contrary to their tarnished image, mining companies are investing in renewable energy faster than other industries and will account for 1.8 percent of global clean-power spending this year

December 7, 2012

Stornoway Diamonds obtains key approval for Renard mine in Quebec

"The most significant milestone in the development of the Renard Diamond Project achieved to date."

December 5, 2012

Lucara Diamond Corp. provides operating performance outlook for 2013

By the end of the first year of production Lucara will have sold over 230,000 carats of diamond, including a rare 9.46 carat blue diamond which achieved a record price…

December 5, 2012

Uranium North and Diamonds North agree to a strategic business amalgamation

The amalgamation of Diamonds North and Uranium North is deemed 'logical' as the two companies currently hold the same material properties in Washington State and they share management and exploration…

December 3, 2012

Parents prefer to name their daughters Ruby instead of Jade

You named me what?

December 3, 2012

IMF halts DRC loans due to lack of mining transparency

An IMF representative said Monday the fund has halted $240 million in planned loans to the DRC for failing to publish mining contracts as requested.

December 3, 2012

World’s first diamond and gemstones ETF makes its debut

New ETF invests exclusively in companies that produce, refine, sell or hold gemstone inventory

December 3, 2012

De Beers: global diamond sales grew only 4% in 2012

India bought less than in 2011, while rate of growth in China was cut in half.

November 30, 2012

PureFunds partners with ISE and Factor Advisors to launch three new ETFS on NYSE Arca, including first diamond/gemstone fund

Three PureFunds™ global equity Exchange Traded Funds (ETFs), including the first ever ETF to hold shares exclusively of companies engaged in the diamond/gemstone industry, successfully launched on the NYSE Arca…