September 4, 2012

Israel diamond industry boosted by lab opening

The Gemological Institute of America (GIA) opened its first laboratory in Israel on Monday, giving a boost to the country's diamond industry, one of its largest export earners.

September 4, 2012

Botswana Diamonds regains some sparkle thanks to Orapa

Shares in London-listed Botswana Diamonds jumped nearly 12% after an encouraging exploration update.

September 4, 2012

De Beers Diamond Jewellers opens first Shanghai Store

De Beers Diamond Jewellers has opened its first boutique in Shanghai, increasing the number of outlets in China to four.

September 4, 2012

Giant white diamond found in Angola

Perth's Lonrho Mining (ASX:LOM) has discovered a giant 131.5-carat gem-quality white diamond at its Lulo Concession mine in Angola.

September 4, 2012

Rio slashes staff at Argyle diamond mine

Rio Tinto has announced it will slash staff positions by almost a fifth at its Argyle diamond mine in Western Australia.

September 2, 2012

Remote Canadian diamond mines rely for supply on world’s longest ice road

A late March blizzard has finished blowing over much of Canada’s Northwest Territories and retired Royal Canadian Mounted Police officer Ron Near’s job just got more interesting.

September 2, 2012

Zale losses shrink, expects to return to profitability next year

Zale's revenues increased 7.1% to $1.87 billion in the 2012 fiscal year, the company announced. The improved results were not enough to pull the company into profit, posting a $27…

August 30, 2012

Harry Winston Diamond Corporation Announces US$260 Million Luxury Brand Credit Facility

The company's luxury brand subsidiary has completed refinancing of its senior secured revolving credit facility.

August 28, 2012

Paragon Diamond gets $10 million to finish its Lesotho mine

Paragon Diamonds (LON:PRG) has signed a financing agreement for its Motete Dyke project in Lesotho, paving the way for production to start in 2013.

August 28, 2012

MMC Capital calls for transparency in Zimbabwe’s Marange diamonds

The Zimbabwean government should ensure that greater Foreign Direct Investment (FDI) in natural resources translates into higher fiscal revenue that could be spent in priority areas, leading brokerage firm MMC…