March 14, 2012

Petra Diamonds reveals encouraging results at Kukama East project

Petra Diamonds has revealed highly encouraging drilling and microdiamond sampling results from the Kukama East project area in central Botswana.

March 14, 2012

Diamond shortfall could shut Zimbabwe government: minister

Zimbabwe Finance Minister Tendai Biti on Wednesday warned the government could shut down, as new diamond sales from the controversial Marange fields are falling far short of expectations.

March 14, 2012

Gem-quality white diamonds created in laboratory

A Florida-based company says it has created high-quality, colorless, lab-created diamonds. Diamond industry representatives are debating whether this is a “game changer” in how colorless diamonds are sourced and priced.

March 14, 2012

Anglo dulls prospects as it doubles down on diamonds

Anglo American Plc’s $5.1 US billion plan to almost double its diamond business and platinum mines that are missing targets risk killing its allure as a takeover candidate for a…

March 14, 2012

Influx of recycled diamonds could depress prices

A respected diamond expert says that an influx of "recycled" diamonds entering the market could depress prices of the precious stones and hurt diamond miners.

March 14, 2012

What are the world’s 10 richest diamond mines?

Which country is home to the richest diamond mines? If you said Canada, you'd be close, and if you said Botswana or South Africa, you'd be right on the money.…

March 13, 2012

U.S. net polished diamond imports +4% in January

U.S. net polished diamond imports increased in January this year when compared to January 2011 as well as when compared month-over-month to December 2011.

March 12, 2012

Botswana’s government to trade diamonds

The government of Botswana has established a new diamond trading company that will be responsible for the purchasing, selling and marketing of the state’s portion of Debswana Diamond’s production.

March 11, 2012

Decent diamond demand at BaselWorld, fancies sought after

“Good, but not great,” “Okay, but not outstanding.” These are the impressions heard repeatedly while walking around the diamond booths at BaselWorld.

March 9, 2012

South Africa’s standalone state mining company a step closer, already hunting for deals

South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions…