January 19, 2012

De Beers Appoints Anglo Head of Corporate Finance as CFO

De Beers appointed Gareth Mostyn as the company’s Chief Financial Officer. Mostyn, currently head of corporate finance at Anglo American, will begin in his new role on February 1 and…

January 19, 2012

How a diamond is like a champagne cork

Why don't diamonds burn up in the Earth's crust? Wired Science reports on new research revealing the secret behind the rapid ascent of diamonds as they are pushed up from…

January 19, 2012

Israel Exchange Raided Again by Police

The Israeli police are again in the Israel Diamond Exchange complex. The on going police investigation is causing a disruption in the daily trading at the exchange.

January 18, 2012

Peregrine Reports New Diamond Results From the CH-31 and CH-59 Kimberlites at Chidliak

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 18, 2012) - Peregrine Diamonds Ltd. (TSX:PGD) ("Peregrine" or "the Company") is pleased to report new microdiamond results from the CH-31 and CH-59 kimberlites on…

January 17, 2012

World’s largest cut emerald to be auctioned off

Western Star Auction, based in British Columbia, will be auctioning the world's largest cut emerald on Jan. 28.

January 17, 2012

Australian Wet season impacts Argyle diamond production

The Argyle diamond mine, long a dominant force in the global diamond market saw production drop 14% year on year during the last quarter of 2011.

January 17, 2012

Commodities face twin macro risks in Europe, China, Morgan Stanley says

Commodity markets face the “twin macro risks” of a European recession and a hard landing in China this year, according to Morgan Stanley.

January 12, 2012

Mountain Province Diamonds Announces Proposed Spin-out of Kennady Diamonds

Mountain Province Diamonds Inc. ("Mountain Province", the "Company") (TSX: MPV, NYSE-AMEX: MDM) is pleased to announce that its Board of Directors has approved a proposal to spin-out the Company's 100…

January 12, 2012

Huge diamond mine found in China

A large diamond mine with a reserve of one million carats has been found in China's Liaoning province.

January 12, 2012

DEF holds first annual good awards

Helping 2012 get off to a good start, the Diamond Empowerment Fund (DEF) held its inaugural “GOOD Awards” in New York last week.