February 11, 2012

Diamond and platinum skull worth £50-million to be shown at the Tate

A £50-million diamond and platinum skull by the once notorious Damien Hurst will be featured in a retrospective of the artist this summer in London.

February 10, 2012

De Beers expects dull year for diamonds despite sales increase of 27%

Diamond demand will slow down significantly in 2012 said today De Beers SA, the world’s largest supplier of rough diamonds, due largely to the weak global economy.

February 10, 2012

DiamondCorp walks away from its Botswana kimberlite project

DiamondCorp (LON:DCP), the African diamond mine development and exploration company, will not proceed with further exploration in Botswana due to the recovery of low grades in the area, announced the…

February 9, 2012

Jewellers resume buying gold, diamonds as rupee rise pauses

The 6,000-odd registered jewellers in the country seem to have again started booking raw material, believing the recent sharp recovery in the rupee's exchange rate is over for now and…

February 9, 2012

Rio Tinto diamond sales rose 7% to $727 million

Rio Tinto reported that its diamond sales rose 7 percent year on year to $727 million in 2011. The increase came as rough prices improved 24 percent during the year…

February 9, 2012

Antwerp plans to defend its diamond supremacy

Reuters/Antwerp, Belgium Antwerps diamond industry unveiled plans yesterday for the worlds first large-scale electronic diamond market, as part of a plan to preserve and even extend its dominance of the…

February 9, 2012

Cornerstone and Intrepid report results for phase 2 diamond drilling at the Gama Prospect in Ecuador and provide update on current exploration program

Cornerstone Capital Resources Inc. and Intrepid Mines Limited announced that they have completed and received all assay results for the Phase 2 diamond drilling program on the Gama prospect, located…

February 9, 2012

BHP boss hints at complete exit from diamonds

BHP Billiton may shelve diamond mining for at least two decades to concentrate on larger aspects of its business, CEO Marius Kloppers said today.

February 9, 2012

Nova Mining Corp launches new website about its diamond mine

Nova Mining Corp. (OTCQB:NVMN) announced it has launched a new website following progress at its diamond mine.

February 7, 2012

1.5 million carats on the block at Zimbabwe diamond auction

Up to 1.5 million carats worth of diamonds are being auctioned this week by companies allowed to mine the controversial Marange diamond fields in Zimbabwe.