March 2, 2012

Russia’s diamond polishing industry looks forward to renewed growth

Russia's diamond manufacturing industry is slowly but surely emerging from the severe crisis it experienced since 2009, when polished diamond production fell to an unprecedented low of US$350 million.

March 1, 2012

Shore Gold shares drop as diamond mine deal falls through

Canadian Shore Gold (TSX:SGF) shares fell dramatically Thursday after the Saskatoon-based company announced it had failed to secure a deal to fund their Star-Orion South diamond project near Prince Albert.

March 1, 2012

Zimbabwe seeking “lost” diamond revenue

Zimbabwe said Thursday it is seeking to trace lost revenue from the country's vast mineral reserves, as part of an attempt to shore up its finances.

February 29, 2012

Challenges facing the Australian diamond industry

After five years of declines, primarily attributed to low production, poor prices, and a high Australian dollar, IBISWorld’s “Industries to fly and fall in 2012” report forecasts a “revenue rebound”…

February 29, 2012

Alphamin Resources Corp.: Update on Bisie Tin Project, Democratic Republic of Congo (“DRC”)

Alphamin Resources Corp. (TSX VENTURE:AFM) announced that it has lifted the state of Force Majeure on its PR5266 which hosts the Bisie Tin Project in the North Kivu Province, east…

February 29, 2012

Over a hundred workers in limbo after Firestone Diamonds’ Botswana mine surprise closure

The future of about 160 workers at BK11 diamond mine in Botswana is in the balance after UK-based owner, Firestone Diamonds (LON:FDI), suspended operations yesterday.

February 29, 2012

DIOS Updates Shadow-LeCaron Diamond-Gold Project Results

MONTREAL, QUEBEC--(Marketwire - Feb. 29, 2012) - Management of DIOS EXPLORATION (TSX VENTURE:DOS) is pleased to update Shadow-LeCaron gold-diamond project results, in the Emerging Opinaca-Eastmain 1 Gold Camp, 350 km…

February 29, 2012

Golden Share initiates Phase Two of diamond drilling on Band Ore Main target in Ontario

Golden Share Mining Corporation ("Golden Share" or the "Company") (TSX VENTURE:GSH) is pleased announce the start-up of a follow-up diamond drilling program on the Band Ore Main target of its…

February 23, 2012

Wind turbines on their way to diamond mine

The job of putting up the proposed hybrid wind farm at Diavik Diamond Mine has begun. Trucks are beginning to take the blades for the windmills and its other components…

February 23, 2012

Rio Tinto discovers Australia’s biggest rough pink diamond at Argyle

Australia's biggest pink rough diamond has been discovered at Rio Tinto's Argyle mine, the world's largest producer of rare pink diamonds.