September 12, 2011

Diamond miners in Zimbabwe to set up independent power line

The companies in question mine diamonds in the Chiadzwa region (illustrative photo) A number of diamond mining companies operating in Zimbabwe intend to set up their own power line after…

September 12, 2011

Gold falls 1 percent on dollar, jewellers shop around

Gold fell more than 1 percent on Monday after ending at its lowest level since June last week but bargain hunters could cushion the fall, while escalating worries about Europe's…

September 11, 2011

Debut diamonds commences airborne geophysical survey over Ontario claim

Canadian development company Debut Diamonds Inc reports that Tundra Airborne Surveys Ltd. has mobilized to commence a high-sensitivity/high-resolution airborne magnetic survey over its 229 square kilometer claim block immediately to…

September 11, 2011

WFDB President calls on diamond trade to be positive ahead of Hong Kong show and holiday sales season

"As the pace of polished sales is now set in the major Asian markets, in particular in China and India, we have good reason to be optimistic about significant growth…

September 11, 2011

Zim miners forced to build own power

A handful of diamond mining companies affected by crippling power cuts in Zimbabwe have been forced to set up their own dedicated R36m power line, a newspaper reported Sunday.

September 10, 2011

Gold demand to fortify by year-end

MILAN — Gold demand, which dropped in the second quarter of this year, is expected to strengthen by the end of 2011, driven by robust jewellery buying in India and…

September 10, 2011

Guinea adopts new mining code boosting state share

Guinea's parliament adopted a new mining code that more than doubles the share the West African state can take in mining projects to 35 percent and toughens procedures for acquiring…

September 10, 2011

Botswana Diamonds gets exploration licence…

BG reporter Botswana Diamonds was awarded a 430 square kilometre exploration licence in Cameroon and it plans to begin a bulk sampling programme in late 2011 to examine diamond potential…

September 9, 2011

Diamond industry in Surat raise security concerns after Delhi blast

Surat, Sep 9(ANI): Members of the diamond industry in Surat, Gujarat, have expressed their concern as no proper measures have been taken by the state government to step up security…

September 9, 2011

DiamondCorp reveals a sharp improvement in grade at Lace as it moves into less diluted kimberlite

DiamondCorp (LON:DCP) this morning revealed a sharp improvement in the grade recovered from the historic Lace Mine in South Africa. Recoveries have improved to around 22 carats per hundred tonnes…