July 18, 2012

Diamonds North and Uranium North acquire gold property in Washington State, exploration is underway

The two companies have acquired the Pierre Creek gold property approximately 70 km west of the high grade gold-silver Buckhorn Deposit.

July 18, 2012

Global diamond industry grapples with sliding demand

A prolonged slump in the global economy has put pressure on the diamond industry, forcing sellers to grapple with sliding demand, rising inventories and declining prices.

July 17, 2012

Rio Tinto provides diamond production report

Rough diamond production for the second quarter of 2012 increased 6% from the corresponding period of 2011 due to higher grade ore, but decreased 28 per cent compared with the…

July 17, 2012

Diavik produces 1.79 million carats in Q2

The Diavik diamond mine in Canada produced 1.79 million carats of diamonds in the second quarter of the year, comparable with the figures for the previous year.

July 16, 2012

If you think Congo is unstable now watch what happens when you throw oil into the mix

New oil reserves could also create new centres of power and in the context of a general oil rush in Central and East Africa, the lack of clearly defined borders,…

July 15, 2012

Three commodities to buy before Roubini’s ‘perfect storm’

Nouriel Roubini, known as "Dr. Doom" for his outlandish predictions on the economy, has a choppy forecast for the coming year.

July 15, 2012

Zimbabwe PM Party to renegotiate diamond deals with China

Zimbabwe Prime Minister Morgan Tsvangirai's MDC party says it will renegotiate all transactions agreed upon between the ruling ZANU PF party and foreign investors such as China, particularly on controversial…

July 15, 2012

Rio Tinto is first miner to achieve RJC certification

(IDEX Online News) – Rio Tinto, a leading diamond and gold miner and a founding member of the Responsible Jewellery Council (RJC), is the first mining company to achieve RJC…

July 15, 2012

In 2011 ALROSA works hard mining diamonds

ALROSA’s mining division completed their work in accordance with the development plan of mining operations, moving, as it is stated in the company's annual report, 35,493,700 m3 of rock mass,…

July 12, 2012

Largest pink diamond ever discovered goes on display

The largest pink diamond ever discovered, an 8.01 carat sparkler found earlier this year at Rio Tinto’s Argyle mine, in Western Australia, went on permanent display in a Melbourne museum…