July 7, 2011

Zimbabwe may sue De Beers over ‘looting’ of diamond fields under international ban

Zimbabwe’s state-controlled Herald newspaper reported on Thursday the Harare government is investigating De Beers over claims it smuggled out gems worth "hundreds of millions of dollars" from the controversial Chiadzwa…

July 7, 2011

Shear Diamonds acquires new claims surrounding Jericho Diamond Mine

Winter diamond mining in Canada (illustrative) Shear Diamonds Ltd. has announced the acquisition of 34 newly staked claims totaling 77,250 acres contiguous with the Carat Property surrounding the Jericho Diamond…

July 7, 2011

Diamonds worth $11m sold in Alrosa’s first online auction

Alrosa invited 30 diamond companies from Russia and abroad to bid in the online auction Russia's state-owned diamond producer Alrosa told $11 million worth of diamonds in its first online…

July 7, 2011

Diamonds lure insurance investor Cowdery as gems beat gold

Clive Cowdery, the Resolution Ltd. founder who made about $240 million buying and selling insurers, is betting on diamonds after prices rose five times faster than gold this year on…

July 7, 2011

NGO slams South Africa over role in diamond trade

South Africa's role in getting Zimbabwe's diamonds back into international trade is being slammed as "dangerous", amid revelations that government officials there have helped export millions of dollars worth of…

July 6, 2011

Shear announces additional 750,000 acres in mineral rights and exploration update, Jericho Diamond Project, Nunavut

Shear Diamonds Ltd. (TSX VENTURE:SRM) today announced the acquisition of 34 newly staked claims totaling 77,250 acres contiguous with the Carat Property surrounding the Jericho Diamond Mine. This new land…

July 6, 2011

De Beers Diamond Jewellers opens new store in Almaty, Kazakhstan

De Beers Diamond Jewellers, the ultimate destination for diamond jewellery, is delighted to announce the opening of its new store in Almaty, Kazakhstan. The De Beers store is located on…

July 6, 2011

Fair trade gold glitters more brightly

The newest Fair Trade standard, gold and associated precious metals, made its debut a little more than a year ago. It promises to improve social and environmental conditions for millions…

July 6, 2011

Indian Temple’s Treasure Estimated at $24 BN & Counting

A treasure of gold, jewelry and diamonds worth over $24 billion by some estimates has been unearthed from the vaults of a temple in India. Image is from YouTube news…

July 5, 2011

Business Day: Rockwell picks Hunt to take it to new heights

Business Day reports that Rockwell Diamonds has appointed Michael Hunt as the company's new COO: Mr Hunt, formerly operations manager of Pangea Diamondfields, spent 20 years in various roles with…