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.

October 16, 2012

Archduke Joseph diamond set to fetch $15 million at auction

The Archduke Joseph diamond, a storied gemstone weighing more than 76 carats, is expected to fetch over USD$15 million when auctioned by Christie's in Geneva this November.

October 16, 2012

Wisconsin man finds a diamond in the mire

A Wisconsin man has a found a 1.2 carat diamond while panning for gold in the refuse of a friend's freshly drilled well.

October 16, 2012

India’s rough diamond imports dropped sharply in September

Imports were down 33.2% to just $349.4 million as the average price of imports sank 72.5% to $24.44 per carat, compared to August.

October 15, 2012

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in…

October 12, 2012

US net diamond imports plunge 91%

Net imports of both rough and polished diamonds plunged 91% year-on-year in August to $25 million.

October 11, 2012

Yale researchers discover diamond planet twice the size of the Earth

A team of U.S-Franco scientists led by Yale University hit the jackpot by discovering not just another celestial body near the Earth, but one that it is likely to be…