January 5, 2012

Newly Discovered Diamond Mines Bring Hopes of Development to Cameroon

The recent discovery of previously untapped diamond mines in Eastern Cameroon has had the Cameroon news media in a virtual frenzy, but that’s not all.

January 5, 2012

Israel diamond trade up double-digits for 2011

The Israeli diamond industry reports that its diamond trade grew double-digits in 2011 despite a slowdown in activity worldwide in the fourth quarter.

January 4, 2012

Mining magnate built ice road to Nunavut

John Zigarlick Jr., who spearheaded construction of a pioneering winter mining road in the North, died Dec. 16 in Edmonton. He was 74.

January 4, 2012

Nunavut’s 1st diamond mine could re-open

Shear Diamonds hopes to dig through stockpiled ore at Jericho site Nunavut's first diamond mine might soon be back in business for the first time since it closed.

January 4, 2012

Paragon Diamonds buoyed by positive first results from Motete Dyke licence

Paragon Diamonds (LON:PRG) confidence has been boosted after it received positive results from a first sample sent from its newly awarded Motete Dyke licence in Lesotho, southern Africa.

January 4, 2012

Gaydamak: Leviev Owes Me $2 Bln for Angolan Diamond Deals

Russian oligarch Arcadi Gaydamak has filed a complaint against Lev Leviev with the Israel Police, claiming that Leviev owes him $2 billion in unpaid diamond trading commissions.

January 4, 2012

Polished Diamond Prices Post 17% Gain in 2011

Polished diamond prices rose by a solid 17 percent during 2011, according to the IDEX Online Polished Diamond Price Index. This index confirmed that polished diamond prices are now above…

January 3, 2012

China returns 12 Indian diamantaires accused of smuggling to India

January 2, 2012

U.S. conflict mineral crackdown backfiring in the DRC – UN

According to a United Nations report, a U.S. attempt to halt the sale of so-called "conflict minerals" has actually pushed trade deeper into the hands of criminals.

January 1, 2012

Natural disasters, gold price among Top Mining Stories of 2011

2011 will go down as the year when the wind fell out of the sails of economic recovery and serious storm clouds gathered on the horizon.