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…

July 12, 2012

Rio Tinto CFO steps down, major shakeup follows

Rio Tinto's long-standing Chief Financial Officer, Guy Elliott, will retire at the end of 2013 announced the miner on Thursday, along with a few other senior management changes.

July 11, 2012

Diamond giant Alrosa holds first-ever auction of 10-carat plus diamonds in New York

The Diamond Manufacturers & Importers Association of America (DMIA) announced that Alrosa, Russia's largest diamond company engaged in the exploration, mining, manufacture and sale of diamonds and one of the…

July 11, 2012

Botswana’s diamond exports almost double

According to preliminary data released by the Bank of Botswana (BoB) on Monday, Botswana's May diamond exports were nearly 20% down from May 2011, a time when a global diamond…

July 10, 2012

Serendipity Diamonds re-launches amidst diamond jubilee celebrations

UK-based Serendipity Diamonds have launched this week its brand new transactional website, marking its fifth year selling online.

July 10, 2012

Zimbabwe’s teachers want their salary in diamonds

The core teachers’ union of Zimbabwe has demanded the proceeds of diamond sales be spent on their wages and on improving current working conditions.