October 10, 2011

Israel Q3 Polished Trade Shoots Up 35%

Israel's net polished diamond exports totaled 5.833 billion in the third quarter, rising 37.1 percent year-over-year, according to official figures released today (Monday).

October 9, 2011

Pyrrhic victory for Mugabe as Rio Tinto gives up control of tiny diamond mine, but likely drops $200 million expansion

News reports on Saturday say Rio Tinto's Zimbabwe subsidiary Murowa Diamonds has ceded 51% of its equity to comply with a new law that requires Zimbabweans to own the majority…

October 7, 2011

Alrosa diamond firm may hold IPO at end of 2012

13:00 07/10/2011 Russia's state-owned diamond monopoly Alrosa may hold an initial public offering at the end of 2012 or the beginning of 2013, Vice President Igor Kulichik said on Friday.>>

October 7, 2011

Diamond dividends add sparkle to state coffers

THE Namibia Diamond Trading Company (NDTC) has paid dividends of N$40 million to Government, bringing the total amount of state dividends this year to N$100 million. To date, the NDTC…

October 6, 2011

Traders say rough diamond demand has dried up

IDEX Online News reports the rough diamond market is in a rut and demand for rough is so limited, that traders are not buying goods, even if offered at 12…

October 6, 2011

Shear Announces the Recovery of 200.85 Carats of Diamonds and Completion of New Geological Model, Jericho Diamond Mine, Nunavut

TORONTO, ONTARIO--(Marketwire - Oct. 6, 2011) - Shear Diamonds Ltd. (TSX VENTURE:SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently…

October 6, 2011

Vase steals the show as $19 million Golconda Pink proves too rich even for Chinese blood

AFP reports a blue-and-white Ming vase fetched nearly $22 million in Hong Kong on Wednesday, setting a new record at auction for porcelain from the 15th century Chinese dynasty. The…

October 6, 2011

Japan not losing its interest in diamonds

Though August tends to be a slow month for polished diamond imports into Japan, compared to last year, imports increased. Japan imported in August 171,733 carats of polished diamonds worth…

October 6, 2011

Belgium’s net polished exports up 5% in September

The seasonal dip behind, Belgium's polished diamond exports rebounded in September. Belgium exported 731,221 carats of polished diamond worth $1.64 billion, tripling in value compared to August.

October 6, 2011

Asian shares rise on US data relief; commodities lead surge

Asian stocks rebounded strongly Thursday after positive U.S. data provided some relief to investors gripped by the recent turbulence in markets, with regional commodities and oil plays surging.