January 28, 2012

Alrosa share sell off postponed again

Alrosa's state-owned shares will not be privatized until 2017, if then, a Kremlin document reveals this week.

January 26, 2012

Gem’s rock star mine produces record number of big stones, but prices per carat fall 23%

Gem Diamonds on Thursday reported record annual production at its flagship Letšeng mine in Lesotho and continued to polish its reputation as the world’s richest source of exceptionally large diamonds,…

January 26, 2012

Dr Caterpillar’s (excellent) prognosis for mining

With revenues of $60 billion last year and operations at the ends of the earth, few companies are in a better position to take the pulse of the global economy…

January 23, 2012

Peregrine Announces 2012 Chidliak Program

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 23, 2012) - Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) has completed its analysis to determine the most efficient way to advance the 8,580…

January 22, 2012

Diamonds North Identifies IOCG Targets at Hepburn Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 22, 2012) - Diamonds North Resources Ltd. (TSX VENTURE:DDN) announces that it has delineated two large scale Iron Oxide Copper Gold (IOCG) targets on the…

January 21, 2012

Unraveling the mystery of how diamonds travel to the earth’s surface

A vulcanologist at the University of British Columbia may have cracked the riddle on how kimberlite magma, and the valuable diamonds it sometimes carries, pushes its way up from deep…

January 20, 2012

De Beers appoints CFO

De Beers today announced the appointment of Gareth Mostyn as the company’s CFO, effective 1 February 2012.

January 20, 2012

Africa diamond mine scam implicates Korean ministers and execs who made quick $70 million

Originally touted as a 'model of successful resource diplomacy' Korea's successful 2010 bid for a diamond project in Cameroon now appears to have been an elaborate scheme that netted company…

January 20, 2012

Murray & Roberts establishes emergency egress for Finsch diamond mine in record time

Murray & Roberts Cementation has set a mining industry benchmark by establishing an innovative emergency egress system - from design to operation -in just 11 days at Petra Diamonds' Finsch…

January 19, 2012

Ekati output down 29% as it enters twilight years

IDEX News reports BHP Billiton's Ekati diamond mine produced 481,000 carats in the last quarter of 2011, a 29% decline compared to a year ago. 80%-owner BHP Billiton wants to…