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.

April 24, 2012

Harry Winston Diamond Corporation files Annual Report on Form 40-F with SEC

Harry Winston Diamond Corporation (TSX: HW, NYSE: HWD) (the "Company"), has filed with the U.S. Securities and Exchange Commission its annual report on Form 40-F, which includes the Company's audited…

April 24, 2012

Lucara’s Botswana mine yields first diamonds

Lucara's Karowe diamond mine in Botswana has yielded its first precious stones.

April 24, 2012

Peregrine Diamonds discovers third kimberlite

Canadian Peregrine Diamonds has discovered a third kimberlite during its winter drill program in the Lac de Gras region, Canada, one of the most prolific diamond districts in the world…

April 21, 2012

US rough imports sliced by 60% in February

US trade in rough diamonds declined dramatically in February, according to the latest figures. Gross imports of $33.4 million are a 59.9 percent year-over-year decline, falling 19.1 percent compared to…

April 19, 2012

Stornoway closes private placement of units

The proceeds from the Private Placement will be used to fund pre-development expenditures at the Renard Diamond Project for the 2012 calendar year and for general corporate purposes.

April 19, 2012

Pink diamond sold for $15 million sets US record

A rare nine-carat pink diamond ring belonging to philanthropist and heiress, Huguette Clark, sold for $15 million at a Christie's auction.

April 19, 2012

Alleged Ponzi scheme rocks Israeli Diamond Exchange

A trader at the Israeli diamond center has been barred from entering the diamond complex in Ramat Gan after allegedly operating a Ponzi scheme. On Wednesday, a $1.3 million lawsuit…

April 19, 2012

Indian diamond exports fall 17.3% as measures to curb ‘round-tripping’ bite

The imposition of a 2 percent import duty on cut and polished diamonds on January 17 this year resulted in a dramatic reduction by 17.3 percent of India’s polished diamond…

April 19, 2012

De Beers diamond production down 16% in Q1

Diamond production by De Beers decreased to 6.2 million carats in the first quarter. This is a decline of 16 percent year-over-year and 4 percent compared to the fourth quarter…