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…

December 15, 2011

GIA First laboratory Certified by RJC

GIA has achieved certification by the Responsible Jewellery Council. GIA is the first gemological laboratory that achieves RJC certification.

December 15, 2011

Eshed Diam Honored by Israel-Asia Chamber of Commerce

The Israel-Asia Chamber of Commerce has honored Eshed Diam for its outstanding contribution to expanding Israel's exports to Asia in 2010.

December 15, 2011

NRF Upgrades Holiday Sales Forecast to $469.1 Bln, Up 3.8%

It may not be a white Christmas this year, but it is certainly going to be a green one, at least according to the National Retail Federation (NRF). The world’s…

December 14, 2011

US sanctions two diamond mines in Zimbabwe

The United States on Monday sanctioned two diamond mines located in Zimbabwe's Marange region, the scene of serious human rights abuses in 2008.