October 11, 2012

Peregrine closes option agreement and $2.5-million private placement with De Beers

De Beers obtains exclusive right to enter Baffin Island joint venture

October 10, 2012

Argyle pink diamonds to run out inside a decade

Production at Rio Tinto's (ASX:RIO) Argyle mine in Western Australia's Kimberley region will soon come to an end as its rare deposits of pink diamonds approach exhaustion.

October 9, 2012

Rio to cut jobs on concerns over China slowdown

Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.

October 9, 2012

Firestone reports diamond quality improvement at Lesotho

Africa-focused junior miner Firestone Diamonds reported that the quality and value of diamonds recovered at its ‎Liqhobong plant in Lesotho has improved since the company shut down the plant in…

October 9, 2012

Diamond supply crunch on its way — analysts

Global production of diamonds reached 124 million carats last year and, according Bain & Company consultants, 13 new mines should be adding 23 million carats by the end of 2012.…

October 9, 2012

Rio Tinto’s $60 million pink diamonds arrive in London

Rio Tinto (LON, ASX, NYSE: RIO) have started showing Tuesday its rare Argyle pink diamonds at London’s Kensington Palace in a collection that features more than $60 million in jewellery…

October 9, 2012

Gamma rays used to find diamonds

The University of Johannesburg has successful obtained a patent for a new device which is capable of identifying rocks that contain diamonds.

October 9, 2012

Indians switch to diamonds from gold

De Beers says the sub-continent has become the storied diamond firm's fastest-growing market as affluent Indians eschew gold in favor of precious gems.

October 5, 2012

Pacific Ridge Exploration Ltd.: Mariposa exploration program, results pending and management change

Pacific Ridge Exploration Ltd. reports today that at the Mariposa gold property, located within the Yukon's White Gold District, the 2012 exploration field work came to a close in early…

October 4, 2012

Argyle’s sparkle lights up Rio Tinto’s newest collection of rough diamonds

Miner giant Rio Tinto (LON:RIO) launched Thursday its “Specials” tender, which showcases the finest large rough diamonds from a year’s production from its three operating diamond mines.