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.

October 5, 2011

Mining surge to increase DRC’s power deficit

The Democratic Republic of Congo would see its energy deficit dramatically increase in the next four years due to a surge in demand from the mining industry, the country's national…

October 5, 2011

Commodities may rally 20 pct on emerging-markets growth, Goldman Sachs says

Commodity prices may advance 20 percent over the next year as growth in emerging markets offsets the impact of the sovereign-debt crisis in Europe and a slowdown in developed economies,…

October 4, 2011

Tough market may prompt small Indian diamond firms to close early

With low demand for polished diamonds and pricing uncertainty dogging both rough and polished markets, the smaller diamond cutting and polishing firms in India may close early for vacations —…

October 3, 2011

Why diamonds are nothing like gold

MarketWatch takes an in-depth look at the $72 billion global polished diamond trade and finds a distinct lack of pricing clarity and a deeply flawed system that have somehow endured…

October 3, 2011

$19 million pink diamond could break auction record

IDEX reports on Wednesday Sotheby's is auctioning a 9.27-carats fancy vivid pink emerald-cut diamond at a sale that will likely attract collectors that have not seen such stones auctioned for…

October 3, 2011

Diadem Announces 100% Acquisition of Diamond Rights on the Franklin Project

MONTREAL, QUEBEC--(Marketwire - Oct. 3, 2011) - Diadem Resources Ltd. (TSX VENTURE:DRL) -