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 […]

May 31, 2011

Leviev sells Angola diamond mine stake for reported $380m profit

Real estate magnate Lev Leviev has sold his 18% stake in Angola's Catoca diamond mine to China's Sonangol International for $400 million, Russia's "Kommersant" newspaper reports. Leviev acquired the stake…

May 30, 2011

Post tsunami, Japan’s diamond imports keeps growing

Japan dispelled fears among many diamond traders that after the earthquake and following tsunami that hit the country on March 11, it will lose its taste for diamonds. In April,…

May 30, 2011

Blue Star launches online rough auction

Arjav Diamonds, part of the DTC Sightholding group Blue Star Diamonds, has launched an online auction for rough diamonds, out of the Indian diamond-processing city of Surat. Blue Star chairman…

May 30, 2011

Botswana: Record Q1 Diamond Exports

Botswana exported $462.5 million worth of polished diamonds in March, a 50.7% year-over-year increase in exports, based on figures released by the Bank of Botswana. This brings the country’s first…

May 30, 2011

Commodities boom drives economic growth in several Canadian provinces

A Conference Board of Canada report says high energy and metals prices "are prompting resource companies to invest billions in iron ore projects, nickel processing and offshore oil developments" in…

May 26, 2011

Commodities boom drives economic growth in several Canadian provinces

A Conference Board of Canada report says high energy and metals prices "are prompting resource companies to invest billions in iron ore projects, nickel processing and offshore oil developments" in…