October 20, 2011

India cuts rough diamond imports sharply in September

Net rough diamond imports by India in September totaled $789.8 million for 5.13 million carats. This is a moderate 10.3 percent decline in the value of net imports compared to…

October 18, 2011

Lydia Diamond reports from the courts

Further to its press release dated December 23, 2009, Lydia Diamond Exploration of Canada Ltd. ("Lydia Diamond") announces that a decision has been rendered in the previously announced dissent proceedings,…

October 17, 2011

Lucara Diamond says AK6 in Botswana now 84% built, Lesotho project nearing pre-feasibility

Lucara Diamond Corp. ("Lucara" or the "Company") (TSX:LUC)(BOTSWANA:LUC) is pleased to provide the following update on the development of its AK6 diamond mine in Botwsana which is rapidly nearing completion…

October 17, 2011

Stellar Diamonds Final Results For The Year Ended 30 June 2011

Stellar Diamonds plc, the London listed (AIM: STEL) diamond mining and exploration company focused on West Africa, announces its audited results for the year ended 30 June 2011.

October 17, 2011

Zimbabwe’s PM critical of local ownership rules for mining companies

Speaking at an agricultural conference in Johannesburg on Monday, Zimbabwe's PM Morgan Tsvangirai described the country's controversial law requiring foreign mining companies to be majority-owned by local blacks as too…

October 16, 2011

Rio Tinto Q3 production slowly recovering

Rio Tinto’s third quartet diamond production increased 29 percent compared to production in the second quarter of 2011, however remains flat year-over-year.

October 16, 2011

Diamond Bourse of Canada seeks to deepen diamond trading with China

In a drive to improve diamond trade relations with China, the Diamond Bourse of Canada is opening a liaison office within the Shanghai Diamond Exchange facility.

October 15, 2011

Harry Winston bumps production at Diavik by 3%

Harry Winston Diamond shares fell 11 cents on Friday despite a successful Q3 production report. The company (TSX:HW, NYSE:HWD) said it processed 3% more ore at its 40%-owned Diavik Diamond…

October 12, 2011

World s Leading Synthetic Diamond Innovator and Producer establishes Venture Group Capital Fund to Expand Portfolio

“Synthetic diamond’s extreme properties enhance performance in new technology applications to levels not otherwise possible,” said Susie Wheeler, Managing Director, Element Six Ventures Group. “Locating the Ventures’ office in Silicon…

October 12, 2011

IDEX Online Research: Good News for Jewelers, Wealthiest Americans Maintain Income Levels

The Great Recession did not eat into wealthy families’ income levels as much as feared, based on data just released from the U.S. Census Bureau. In 2010, 20.5 percent of…