November 5, 2012

Two years in jail for diamond swallower

Sri Lanka's diamond-swallowing story from early September continues to be an unsolved mystery, but the Chinese man who swallowed a fake diamond in a daring bluff that allowed an accomplice…

November 5, 2012

Junior miners see light at the end of global downturn tunnel

While the harmful effects of the slumping global economy over junior miners are nothing new, companies that have seen their value down on the TSX Venture Exchange this year and…

November 5, 2012

Mining industry eschews mega projects to boost shareholder returns at consumers’ expense

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers.

November 4, 2012

Indian diamond industry shuts down for Diwali

The center of the global diamond-polishing industry in India will shut for around three weeks during the Hindu Diwali vacation.

November 2, 2012

‘The mining boom is bust’: Caldwell

The international resource sector faces rough waters ahead according to an industry insider who has just completed a round-the-world tour of key mining regions.

November 1, 2012

Canada’s Afri-Can diamonds considering JSE listing

Canadian marine diamond miner Afri-Can Diamonds, which is listed on the Toronto Stock Exchange, is examining a potential listing on the Johannesburg Stock Exchange (JSE).

November 1, 2012

Starlets wanted for emerald trade

Emerald producers are looking for a Halle Berry, Charlize Theron or Jennifer Aniston type.

November 1, 2012

Superstorm Sandy a huge worry for India diamond exporters

Superstorm Sandy, which has devastated the United States, has wreaked a different kind of havoc with Indian diamond exporters.

October 30, 2012

Mounties turn to ‘diamond cop’ to deal with smuggling of gemstones and drug dealers’ treasures troves

The Royal Canadian Mounted Police (RCMP) have appointed a special "diamond cop" to combat the smuggling of gemstones and precious metals as the illegal trade flourishes on the back of…

October 29, 2012

Peregrine closes $10-million financing

Peregrine Diamonds announces the closing of a $10-million financing with Newstar Securities SRL