June 20, 2011

Barcelona Manager supporting diamond cause

Fresh from exciting European soccer fans around the world with a successful UEFA Championship campaign, FC Barcelona Manager Pep Guardiola is lending a hand to support an Israeli medical cause.…

June 20, 2011

IDI’s Avidar Joins CIBJO’s President’s Council

Eli Avidar, Managing Director of the Israel Diamond Institute Group of Companies (IDI), has joined the President's Council of CIBJO, the World Jewellery Confederation, the organization announced today (Monday). The…

June 20, 2011

Fatality at Rockwell Mine

A fatal accident occurred on the morning of June 17 at Rockwell Diamonds Tirisano mine project'. According to a company release, an employee suffered fatal injuries at a conveyor belt…

June 20, 2011

Record Polished Prices, Soar Ahead of HK Show

The IDEX Online Polished Diamond Price Index set a record Monday, crossing 142.25, the highest level the Index reached since its introduction in July 2004. Diamond prices have been rising…

June 20, 2011

Brazilian Diamonds Limited: company provides update on private placements

Further to its news release of April 14, 2011 the Company announces that it has completed the private placement of 16,655,920 shares at $0.10 per share, the proceeds of which…

June 19, 2011

Zimbabwe vows to defy rules on ‘blood diamonds’

Zimbabwean president Robert Mugabe has promised to sell diamonds from his country's controversial Marange mine ''sanctions or no sanctions'', and the country that would be his biggest customer, India, is…

June 19, 2011

The king of really big diamonds heads to China

The New York Times profiles Laurence Graff, whom the paper calls perhaps the biggest dealer in seriously big stones. In 2008, Graff Diamonds turned a pretax profit of $77 million…

June 17, 2011

Zimbabwe mining sector in $1bn deal with development banks

The Zimbabwe mining industry is expected to conclude a US$1 billion revolving facility at a number of African development banks to recapitalize mining firms as it emerges from a decade…

June 16, 2011

Russia muscles in on Zimbabwe’s $5bn diamond stockpile

SW Radio Africa news reports India has raised concerns as Russia is set to join China in moves to control diamond mining in Zimbabwe, with the Federation’s state diamond group…

June 16, 2011

Strong Demand from Antwerp, Declining Interest for Near Gem at Diamdel

Diamdel sold 251 of the 256 rough diamond lots it offered at its recent auction. Demand for large goods, 2+ ct items, grainers and smaller goods increased compared to the…