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.

July 10, 2012

Kennady Diamonds completes plan of arrangement

Canadian junior Kennady Diamonds Inc. announced Tuesday the plan of arrangement between the company and Mountain Province Diamonds Inc. is now complete, and KDI shares have commenced trading on the…

July 10, 2012

Botswana cuts taxes, gives private sector scope

Botswana is setting out to lower the fiscal burden on resources investors in a charm offensive that separates it from the mining jurisdictions that are currently looking to increase mining…

July 10, 2012

Rio Tinto releases bunder project sustainable development report

Rio Tinto Diamonds has released the first sustainable development report for its diamond Bunder Project in India, due to begin commercial diamond production in 2016.

July 9, 2012

Mining companies committed to UN human rights principles: study

New research released Monday indicates that listed mining and resources companies across the world are keen to comply with the UN’s Guiding Principles on Business and Human Rights, which were…

July 8, 2012

Fourth month of declines in Belgium’s rough diamond exports

Another month of declines in Belgium's rough diamond trade.