July 14, 2011 Report: threat of army takeover looms large in Zimbabwe Neighbour South Africa's influential Business Day reports as Zimbabwe’s shaky unity government inches ahead with extensive electoral reforms ahead of fresh elections now expected next year, the prospect of the…
July 14, 2011 UPDATE 1-Harry Winston Q2 diamond output up on higher grades Diamond miner and retailer Harry Winston posted a 4 percent rise in ore processed in the second quarter, helped by the recovery of higher grades, and the company will hold…
July 14, 2011 Diavik’s Q2 Production 1.79M Carats, Prices Rise ~8% in a Month Diavik produced 1.79 million carats in the second quarter of 2011, 11% more than it produced in the same period of 2010, Harry Winston Diamond reports.
July 14, 2011 Fairfax Market Report including Goldplat, Ncondezi Coal and Paragon Diamonds Morning View The QE3 debate is firmly back on the table. • The prospect of a third round of stimulus has pushed gold prices to a record high. • Stalling…
July 14, 2011 U.S. Rough Imports Grows to $70M The U.S. imported $70.1 worth of rough diamonds in May, according to the Dept. of Commerce, growing 14.1% from May 2010 and by 97.1% compared to April 2011.
July 14, 2011 Blasts jolt Surat diamond industry The blasts in Opera House, Zaveri Bazar and Dadar resulted in deaths and critical injury for many employed in the flourishing diamond trade industry.
July 14, 2011 India’s bullion street rocked by bomb blasts MUMBAI, India (Commodity Online): India's most prominent Gold street has been hit by bombs. Three bombs rocked the gold and diamond hubs of Mumbai, India's sprawling commercial capital on Wednesday…
July 14, 2011 Industry Responds with Shock to Mumbai Attacks and Casualties The heads of the global diamond industry are expressing sorrow and sending their condolences to Mumbai following the Wednesday's terrorist attacks. The attacks cost the lives of nearly 20 people,…
July 14, 2011 Rio Tinto H1 Diamond Production Declines 26%, Multi-commodity miner Rio Tinto is reporting a continued decline in diamond production. In the second quarter of the year it mined 2,733,000 carats, a 24% decline compared to the prior…
July 14, 2011 Redpath awarded first incline sand drift contract in Africa, for diamonds Redpath South Africa has been awarded a first-of-its-kind incline tunnelling contract in Africa, thanks to the company’s innovative and cost-effective approach to the project.
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