May 18, 2012

Graff Diamonds IPO should catapult the diamond king up the billionaires list

Laurence Graff, the undisputed king of uber-expensive diamonds, will earn a tidy $290 million windfall when he restructures his Mayfair-based company and will vastly boost his paper wealth when Graff…

May 17, 2012

Man passes 1.7 carat diamond

A 52-year-old man detained in a dry cell at a police station in Windsor, Ont., while they wait for him to give up a $20,000 diamond, has finally passed the…

May 17, 2012

WDC Honors Oppenheimer

The World Diamond Council has paid a special tribute to De Beers Chairman Nicky Oppenheimer at a gala dinner in Vicenza, Italy.

May 15, 2012

Trans Hex to return to profit as production grows

Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.

May 15, 2012

Lucara Diamond Corp. reports first quarter results

Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.

May 15, 2012

Zimbabwe Government: No going back on mining fees

The government of Zimbabwe said the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.

May 15, 2012

Panel discussion at JCK to address ‘Diamonds for Good’ in Africa

Millennial-age consumers—the generation comprising the primary bridal jewelry market—are both far more conscious of social responsibility than previous generations, and far more demanding that the companies they do business with…

May 15, 2012

Renowned diamonds add sparkle to Queen’s jubilee celebrations

Photographers were allowed to look today at some of the most famous diamonds in the world to go on public display at the end of June, as part of the…

May 15, 2012

Diamond prices seen up in 2012 on sparkling demand

Prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems…

May 14, 2012

Firestone Diamonds recovered three large rocks at Lesotho mine

Junior miner Firestone Diamonds announced today it has found three large diamonds at its Liqhobong mine in Lesotho and that first quarter production at the location was looking up.