November 28, 2011

BHP Billiton announces changes to its senior management team

BHP Billiton announced changes to its senior management team: Alex Vanselow, Group Executive and Chief Financial Officer, will retire from BHP Billiton at the end of February 2012. He will…

November 24, 2011

Debswana sheds 700 jobs, citing need to cut costs

Mmegi Online is reporting a major downsize has taken place at Debswana, a partnership between the Botswana government and De Beers.

November 24, 2011

Exploration budgets up 50%- surging to new all-time high

According to Metals Economics Group’s (MEG) 22nd edition of Corporate Exploration Strategies (CES), the estimated total 2011 budget for nonferrous metals exploration surged to $18.2 billion.

November 24, 2011

Try keeping a poker face while bidding on this $150,000 diamond and meteorite slice gambling set

One of the more unique lots at Christie's Magnificent Jewels auction on November 29 in Hong Kong is likely to be a set of poker chips made by the Swedish…

November 22, 2011

1700K ‘human wall’ to stop diamond smuggling? Only in Zimbabwe

Zimbabwe's efforts to declare its "blood-stained" diamonds clean is bordering (no pun intended) on the ridiculous, writes Tangai Chipangura, a columnist at News Day.

November 21, 2011

Graff Diamonds to use $1 billion IPO proceeds on Asia stores

Graff Diamonds Ltd., the jewelry retailer whose founder twice set records buying gems at auction, plans to use funds from a proposed share sale to add stores in Asia as…

November 20, 2011

Gold and jewelry demand dropped 28 percent in the Middle East to 38.5 tons

World Gold Council (WGC) said that during the third quarter, demand for gold and jewelry dropped 28 percent in the Middle East to 38.5 tons, reported Arab News. The WGC…

November 20, 2011

SRDSIL SECURES LONG-TERM SUPPLY OF ALROSA ROUGH WORTH $5.2 MILLION A MONTH

The Surat Rough Diamond Sourcing India Limited (SRDSIL), a consortium formed in August 2010 by more than 1,500 diamantaires to directly source rough diamonds, says it will be selling US$5.2…

November 20, 2011

NEIMAN MARCUS LAUNCHES FOREVERMARK DIAMOND COLLECTIONS

U.S. specialty retail department store Neiman Marcus has announced that beginning this week ten of its stores will carry three Forevermark Collections created exclusively for Neiman Marcus as part of…

November 20, 2011

Royal Asscher Cut Sapphires at Stuller

Jewelers supplier Stuller started to offer Royal Asscher Cut sapphire through an exclusive partnership. Loose stones are available now on Stuller's website.