June 3, 2011

Memories of Great Recession fading as diamonds fetch record prices

Two reports this week suggest that fears of a prolonged period of global economic austerity following the financial crisis have been overblown. In Hong Kong Christie's experienced its best ever…

June 2, 2011

Star Uranium Corp. and United Uranium Corp. complete ground magnetic survey on Fort a La Corne diamond properties

United Uranium and Star Uranium announced that they have completed a ground magnetic survey on their Fort a la Corne diamond properties. The Claims are situated immediately adjacent to the…

June 1, 2011

Shrenuj revenue +30% to $545 million

Indian DTC Sightholder Shrenuj & Co. saw revenue rise by 30% to $545.19 million (Rs.24.57 billion) and profit increase by 11% to […]

June 1, 2011

Stornoway announces exploration drill program at Hammer property, Nunavut

Stornoway Diamond announced plans for an upcoming exploration drill program at the Hammer Property located within the Coronation Gulf/North Slave Diamond District of Nunavut. The Hammer Property is a joint…

June 1, 2011

Rockwell revenues +43%

Rockwell Diamonds posted a loss of $5.3 million for the fiscal year ending February 28, 2011. The decreased loss comes as revenues […]

June 1, 2011

Tiffany subsidiary acquires Galaxy 1000 device

Laurelton Diamonds, a wholly owned subsidiary of Tiffany, has purchased a Sarin Technologies Galaxy 1000 device for their inclusion mapping and diamond […]

June 1, 2011

BHP Billiton rough price hike slows Mumbai polished sales

The 7% to 15% rough diamond prices increase at last week’s BHP Billiton auction has made Indian diamond dealers reluctant to sell […]

June 1, 2011

The world is not running out of natural resources

Let me begin by saying that I believe the premise of this question is mistaken. It is quite incorrect to think that fossil fuel resources are finite. It may be…

June 1, 2011

BIV: Vancouver miner hunting for precious gems in Arctic

Forget the precious metals market; a British Columbia company is hoping to cash in on rubies and sapphires in Greenland. On Wednesday, Vancouver-based True North Gems Inc. (TSX-V:TGX) reported a…

May 31, 2011

Shear Diamonds announces engagement of DR Americas to evaluate Jericho diamond recovery plant

Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that it has engaged the services of DRA Americas (“DRA”) to evaluate the […]