October 10, 2011

Shear Diamonds recovers first 200 carats at Jericho, Nunavut

Shear Diamonds Ltd. (TSX VENTURE:SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently restarted recovery portion of Shear’s 100% owned…

October 10, 2011

GJEPC Focuses on Brand India

The major thrust of India’s Gem & Jewellery Export Promotion Council (GJEPC) is to build “Brand India," the organization said in an overview of the past year and the year…

October 10, 2011

Israel’s Rough Imports $3.5 Billion in Q3

Israel's rough diamond trade was rising in the third quarter of 2011, according to the latest released figures. Net rough diamond imports increased about 35 percent to $3.519 billion.

October 10, 2011

Harry Winston Rough Sales Stall, Retail Strong

European banks under stress with European sovereign debt issues are partially to blame with the current liquidity issues in the diamond industry, says Harry Winston Diamond Corporation.

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…