June 8, 2012

South Africa’s diamond industry no longer sparkling

The South African diamond industry faces serious challenges upstream and downstream, where job creation, wealth creation and the beneficiation of raw diamonds are not concerns for regulatory authorities, says diamond…

June 8, 2012

Candle light comes from millions of tiny burning diamonds

Chemistry Professor Wuzong Zhou at the University of St. Andrews decided to unravel the mystery of candle light after a challenge from another scientist.

June 7, 2012

Rio Tinto is looking for a Marketing Director

Rio Tinto is looking for a dynamic Marketing Director to join our marketing team in the USA. The Marking Director, North America, is accountable for all sales, marketing and client…

June 7, 2012

Diamond miner Harry Winston first quarter profit sparkles

Diamond miner and retailer Harry Winston (TSX: HW) (NYSE:HWD) says its earnings for the first quarter of fiscal 2013 tripled to $11.6 million, as sales in both its rough diamond…

June 7, 2012

10-year review critiques the mining industry’s sustainability

The IIED report urges the sector to move from improving its standards in principle to actually implementing them in practice.

June 6, 2012

Global mining industry profits and shares went different ways in 2011: PwC

Consulting firm says the top 40 global mining firms earned a record profit of $133 billion last year driven mainly by iron ore, however their market capitalization fell by 25%.

June 5, 2012

Gold and GemStone Mining Inc. to commence alluvial mining operations in the Nimikoro diamond and gold mining concession, Kono District, Sierra Leone

Project Nimikoro comprises of 125 acres of alluvial mining territory with historical data reporting the incidence of diamonds between 50 to 75 Carats per hundred tonnes and Gold at levels…

June 5, 2012

Diamonds North and Uranium North acquire gold projects in Washington State

Diamonds North Resource Corp. (TSX-V: DDN) and Uranium North Resources Corp (TSX-V: UNR) (“the Companies”) announce the formation of a 50:50 strategic partnership, Minerals North LLC, a Nevada incorporated company.…

June 5, 2012

Significant findings of high grade diamonds found in Kimberlite Dykes less than 2 miles east of Oraco Resources’  Nimini Hills site

Expansions are planned for Stellar Diamonds and Koidu Holdings, after evaluations found that "the Lion-5 Kimberlite prove that the body is of both high grade and high diamond quality."

June 4, 2012

Mining policy vacuum in Philippines is stifling investment

The national government should promptly address uncertainties now hounding the mining industry due to the former’s unclear policy towards the sector the Chamber of Mines of the Philippines says.