April 29, 2012

Indian economy to grow despite politics over policy paralysis: Lakshmi Mittal

NRI business tycoon Lakshmi N Mittal on Sunday said India's economy will continue to grow despite politics over policy paralysis.

April 29, 2012

Israeli pilot acquitted of diamond smuggling, advised to sell them in Zimbabwe

Israeli pilot Shmuel Kainan Klein, accused of smuggling diamonds out of Zimbabwe, was released for lack of evidence, leading to controversy.

April 29, 2012

Côte d’Ivoire rough diamond export sanctions extended

The United Nations' Security Council on Thursday extended the sanctions imposed on Côte d’Ivoire (Ivory Coast) for another year, including exports of rough diamonds.

April 29, 2012

20.5% surge in Japan’s diamond imports

With the exception of a minute decline in January, polished diamonds imports by Japan completed a yearlong rise in March.

April 27, 2012

Mining, oil and gas led Canada’s growth in 2011

Statistics Canada revealed today that the provinces of Alberta and Saskatchewan led the country in economic growth in 2011, buoyed by the extraction and exploration of their natural resources.

April 27, 2012

Mountain Province Diamonds shareholders approve Kennady Diamonds spin-out

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV) (NYSE-AMEX: MDM) is pleased to announce that its shareholders have voted 99.5% in favour of the proposed spin-out of Kennady…

April 26, 2012

Should the blood diamond concept be applied to other minerals?

April 26, 2012

Historic verdict: Liberian ex-president Charles Taylor guilty of war crimes and fuelling conflict with blood diamonds

Liberian ex-president, Charles Taylor, was convicted today of war crimes for arming Sierra Leone's rebels in return for blood diamonds during the 1991-2002 civil war by a United Nations-backed court.

April 25, 2012

Dubai and Gujarat sign bilateral diamonds and textiles trade MOU

The Dubai Chamber of Commerce and Industry and the Southern Gujarat Chamber of Commerce and Industry recently consolidated their bilateral trade ties through an MoU signed during a recently concluded…

April 25, 2012

Beau Sancy stone expected to fetch £2.5 million

One of the world's oldest, rarest, and most coveted diamonds is going up for auction at Sotheby's.