May 31, 2012

Gold producers, Indian cutters might fund Canada’s newest diamond mines

With positive feasibility studies in hand, companies aim to start building at least three new diamond mines in Canada by the third-quarter of next year, at a combined cost of…

May 30, 2012

China slowdown watch: Graff Diamonds pulls IPO

Graff Diamonds only received half the expected orders. Its announcement comes just one week after China Nonferrous Mining Corp pulled the planned listing of its Zambian copper assets in Hong…

May 30, 2012

De Beers to decide on $2 billion Venetia investment within 2 months

Philippe Mellier, new CEO at the De Beers, says the group is assessing ways to extend the life of the mine near Musina in South Africa's Limpopo province.

May 30, 2012

Prophecy of diamonds keeps Israeli firm digging

Somewhere in the Carmel hills of northern Israel, diamond exploration company Shefa Yamim hopes to uncover the exact spot where faith meets science.

May 30, 2012

Increasing demand from China could see diamonds sparkle, says Merrill Lynch

An increase in demand from Chinese consumers could make diamonds an attractive proposition for investors, according to Bank of America Merrill Lynch

May 29, 2012

De Beers releases 2011 report to society

De Beers released the 2011 Report to Society, in which Chairman Nicky Oppenheimer, summarized the efforts of the diamond company and its contributions towards the cause of beneficiation.

May 29, 2012

World Federation of Diamond Bourses firm on disclosure of synthetic diamonds

The World Federation of Diamond Bourses (WFDB) President Avi Paz stressed his commitment to the recent alert by Diamond Trading Company and IGI regarding identification of synthetic diamonds and their…

May 29, 2012

Botswana Diamonds awarded new exploration licence

Botswana Diamonds has been awarded an additional 262.6 square kilometre prospecting license for the precious gems in the Africa country for an initial period of three years, after which it…

May 29, 2012

Diamond development: Gahcho Kué partners advance $31.3 million

Joint venture partners Mountain Province Diamonds (49%) of Toronto and De Beers Canada (51%), also based in Toronto, are spending $31.3 million over the next year at their Gahcho Kué…

May 27, 2012

Losing sparkle: Report says Ekati buyer drops bid

It raises questions about demand for such assets, just as peer Rio Tinto starts work on a potential sale of its diamond division.