October 19, 2012

DiamondCorp raising $1.6 million for Lace mine revamp

African exploration and development firm DiamondCorp PLC (LON:DCP) was full of good news on Friday, as it revealed it is raising $1.6 million from a share placing to help fund…

October 19, 2012

Harry Winston confirms potential buyers’ interest in its luxury division

Canadian Harry Winston Diamond Corp. (TSX:HW, NYSE:HWD) has confirmed it has received "various indications of interest" about the potential purchase of its luxury retail business.

October 18, 2012

Namakwa Diamonds closes tenders

Namakwa Diamonds has closed its recent sale of rough diamonds from the Kao Mine in Lesotho, operated by 62.5% owned subsidiary, Storm Mountain Diamonds.

October 18, 2012

Firestone opens new tender facility at Belgium’s Antwerp World Diamond Centre

Firestone Diamonds (LON:FDI) announced Thursday that it has partnered up with First Element Diamond Services and opened a new tender facility at the Antwerp World Diamond Centre, in Belgium.

October 18, 2012

Diavik Diamond Mines is one of Canada’s top 100 employers

Diavik Diamond Mines Inc., operator of the Diavik open pit mine in Canada's Northwest Territories, has been chosen as one of the country’s Top 100 employers for the second consecutive…

October 18, 2012

IDMA membership elects new president and vice presidents, heaps praise on Indian hosts for organizing a successful, meaningful event

The 35th World Diamond Congress concluded here in Mumbai today, with the International Diamond Manufacturers Association (IDMA) electing a new board for the upcoming two years.

October 17, 2012

Oil and coal save BHP’s September quarter results

BHP Billiton (ASX,LON,NYSE:BHP), the world’s biggest miner by market value, posted Wednesday a weaker than expected September quarter from its West Australian iron ore mines as the company’s work on…

October 16, 2012

Harry Winston lowers Diavik diamond mine production target

Harry Winston Diamond Corp. (TSX:HW, NYSE:HWD) reduced Tuesday its 2012 production target for the Diavik mine to 7.4 million carats as the operation shifts its efforts to concentrate on processing…

October 16, 2012

Firestone unearths ‘very rare’ diamonds at its Lesotho mine

Firestone Diamonds (LON:FDI) announced Tuesday the recovery of a batch of very rare type 2 diamonds from its Liqhobong mine in Lesotho as well as an even scarcer blue diamond.

October 16, 2012

BHP Billiton production report

The company outlines record petroleum production, an increase in Queensland coal volumes and a milestone achievement from Western Australia Iron Ore.