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.

January 1, 2012

IDEX Online Research: Diamonds Are Specialty Jewelers’ Most Important Category

Diamond jewelry represents by far the most important product category for American retail jewelers, according to newly released data from the Census Bureau’s Economic Census.

December 29, 2011

Zimbabweans displaced from diamond mines left empty-handed

They used to live on one of the world's richest diamond fields but now thousands of Zimbabweans await compensation after they had to make way for state-linked mining companies this…

December 29, 2011

Japan’s preference for higher value diamonds continues

After the pre-holiday season restocking phase in September and October, Japan’s polished diamond imports eased to $62.1 million in November.