September 27, 2011

Canadian stocks gain on metals and mining rally

SAN FRANCISCO (MarketWatch) -- Canadian stocks climbed 2.4% in midday trading on Tuesday, led by strength in metals and mining shares as world markets gained on optimism for more decisive…

September 26, 2011

NDP wants to keep more value-added mine work in Ontario

The Ottawa Citizen reports that the Ontario NDP, which is fighting a provincial election and challenging the incumbent Liberal Party, want to change the provincial mining act so more mine…

September 25, 2011

Tiffany ready to cut more diamond deals

One of the world's most exclusive jewellery sellers says it is prepared to cut more deals with diamond mines in exchange for preferential access to the precious stones, reports the…

September 25, 2011

Zim gets just 20% of diamond value — experts

NewsDay reports that diamond colleges have accused the government of being concerned with selling the stones rather than adding value, which would create employment for millions of Zimbabweans and rake…

September 25, 2011

Mining firms invest USD $9 million in diamond prospecting in Bié, Angola

AngolaPress reports at least USD 9.0 million was invested in diamond prospecting the central Bié province by three private mining companies.

September 25, 2011

Endiama head: $150m invested in diamond prospecting in past 6 years

Over the past six years, Endiama – a joint diamond production venture between De Beers and the Angolan government – has invested $150 million in prospecting for diamonds in Angola’s…

September 23, 2011

Diamond Frank Exploration Inc. announces $1,750,000 brokered financing

LAVAL, CANADA--(Marketwire - Sept. 23, 2011) - Diamond Frank Exploration Inc. (TSX VENTURE:DOD) (the "Company") is pleased to announce that it has engaged Secutor Capital Management Corporation and Industrial Alliance…

September 23, 2011

Namakwa Diamonds sells diamond operations in Congo for US$6.25 million

Namakwa Diamonds sold its mining and exploration operations for US$6.25 million to Hall Farm Avenue Limited, the corporate vehicle of a management team lead by the Company’s DRC Country Manager,…

September 22, 2011

Central African Republic diamond war death toll climbs

AFP reports a recent outbreak of fighting between rival armed groups in the Central African Republic – one of the poorest countries in the world – vying for control over…

September 22, 2011

Stornoway sees over 2 million carats a year, longer life for Renard

Stornoway Diamond Corporation, involved in the discovery of over 200 kimberlites in seven Canadian diamond districts, has provided an update on its 100%-owned Renard Diamond Project saying it now expects…