April 18, 2012

Diamond prices tipped to sparkle

An expert has tipped the price of diamonds to rise by more than 30 per cent over the next two years because of expected consolidation in the industry and increasing…

April 18, 2012

Strikes and bad weather hammer BHP’s production

Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.

April 18, 2012

Canada makes good on promise to streamline mining, oil and gas projects

The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."

April 17, 2012

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

April 17, 2012

Canadian Rockwell Diamonds reports 77% increase in production

Canadian junior Rockwell Diamonds (TSX & JSE: RDI) reported today a 77% year-on-year increase in diamond production for the fourth quarter ended February 2012.

April 17, 2012

Are diamonds the new gold for individual investors?

"Diamonds are a girl`s best friend." From Carol Channing to Marilyn Monroe to "Moulin Rouge" the iconic song has endured as a symbol of wealth for more than half a…

April 17, 2012

Harry Winston reports a 19% increase in production at its Diavik mine

Luxury jeweler and watchmaker Harry Winston Diamond Corp said today that production at its Diavik mine in Canada's Northwest Territories was up about 19% in the first quarter on improved…

April 17, 2012

Peregrine discovers two kimberlites at Lac de Gras

Peregrine Diamonds Ltd. has discovered two kimberlites in the Lac de Gras region of Canada's Northwest Territories.

April 17, 2012

Zimbabwe tries to woo back explorers

Zimbabwe, whose government in January hiked exploration fees by up to 8,000% in a bid to curb speculative holding of mining titles, is ordering over 100 exploration companies to resubmit…

April 16, 2012

Gem Diamonds expects prices to keep rising

Rough diamond prices were expected to continue climbing “across the market” this year, London-listed Gem Diamonds said on Monday.