December 22, 2011

IDEX Online Rough Report: It Was the Best and Worst of Times

2011 was a rollercoaster year for the rough diamond sector of the industry. IDEX Online Research looks at the prices, drivers and trends, as well offers the full results of…

December 22, 2011

Canada Wants the Country to Trade Its Diamonds

Canada says it is comfortable with Zimbabwe trading in its Marange gems as the move will strengthen the global diamond industry.

December 21, 2011

Petra sells 4.8 carat blue diamond for $1.45mn

The African-focused diamond miner has sold its 4.8 carat blue diamond, produced from South Africa's famous Cullinan mine, for $1.45 million.

December 21, 2011

Diamonds are an investor’s best friend

Diamond prices increased 20 per cent in 2011 on the back of Asian demand.

December 21, 2011

Appeals Court Upholds De Beers Settlement Case

The U.S. Court of Appeals for the Third Circuit issued an opinion Tuesday upholding the settlement in the class action litigation against De Beers for allegedly conspiring to monopolize the…

December 21, 2011

Diamondcorp recovers gem quality stones at Jwaneng South

DiamondCorp (LON: DCP) said today its latest drilling at Jwaneng South in Botswana had recovered 23 macro diamonds of mostly clear gem quality.

December 20, 2011

Peregrine increases ownership in Chidliak diamond project to 100%

Peregrine Diamonds Ltd. ("Peregrine" or "the Company") is pleased to report that it has entered into a binding agreement with BHP Billiton to purchase BHP Billiton's 51 percent participating interest…

December 17, 2011

Blood diamonds ‘will pay for Mugabe’s terror’

Conflict diamonds are to be used to fund a new campaign of violence by President Robert Mugabe's regime against his political opponents in Zimbabwe as elections loom.

December 16, 2011

Diamond mining firms unfazed by US sanctions list

Two diamond mining companies that were recently placed on the United States government sanctions list have said the embargo will not affect their operations and marketing of the gems.

December 15, 2011

GIA Expanding Into Japan

GIA has announced plans to establish a laboratory in Japan in 2012. The decision comes as GIA as experiencing a surge in the lab's services, creating a backlog of a…