April 10, 2012

Three hit singles, a Grammy nomination and a diamond mine

Alianue Thiam, a rising R&B singer in the U.S.A., is just another celebrity with a side business, although this side business happens […]

April 8, 2012

Russian diamond manufacturers criticize India

Access to rough diamonds has always been an issue for diamond manufacturers, and the backdrop to much commercial and national strife. Last week this was exemplified when a Russian manufacturing…

April 6, 2012

The ‘lunar trajectory’ of Canadian mining investment

The source of the surge in mining investment has been quite diverse, reflecting the widespread advance in prices. For 2012, gold leads the way with $3.6 billion of capital spending.…

April 6, 2012

Alrosa IPO may be receding in the distance just as Russian rock star hits the sweet spot

The world's number one diamond miner does not seem to be in need of cash. Too bad, direct exposure to diamonds has always been hard to come by and the…

April 6, 2012

Top retailer warns diamonds aren’t every investor’s best friend

Despite flagging itself as a possible buyer, North American company Harry Winston has warned the big miners they will find a ''narrowed field'' of suitors for their diamond mines.

April 5, 2012

FT: ‘Inbred’ miners may admire Hannam, but many not ‘too sad’ to see him go

"Resources groups and the bankers who promote them merit close scrutiny since minerals have been linked in the past with financial scandals and market manipulation, from the nickel bubble that…

April 5, 2012

Investors looking for answers about Diavik dig a hole into Harry Winston stock

Diavik is supposed to transform into an underground operation this year and Harry Winston's partner on the project, Rio Tinto, wants to exit diamond mining, but the luxury retailer could…

April 5, 2012

$25 admission nets couple 50.5 carat emerald at North Carolina mine

ABC News reports that two amateur rockhounds, Libby and Kevin Barrieault, found a 50.5 carat emerald in North Carolina.

April 5, 2012

Zimbabwe ‘owns’ majority of all foreign mining companies

Zimbabwe's Black Empowerment Minister, Saviour Kasukuwere, announced today it has taken majority ownership of foreign-owned mining firms, which had not already given a controlling stake to black Zimbabweans.

April 5, 2012

Rio and BHP should team up: analysts

Rio Tinto and BHP Billiton could have more success selling their diamond assets if they team up, according to analysts from Nomura.