May 5, 2011

Vaaldiam Investment Flemish Gold Corp. raises $10 million for gold exploration in Africa

Vaaldiam Mining Inc. (TSX:VAA) is pleased to report that Flemish Gold Corp. has closed a private placement of $10 million through BMO Capital Markets on May 3, 2011. Vaaldiam owns…

May 5, 2011

Buffett behind Borsheim’s counter, says diamond ring ‘a good investment’

Warren Buffett stood behind the counter of a Borsheim’s jewelry store in Omaha this weekend. The chairman and CEO of Berkshire Hathaway […]

May 5, 2011

Harry Levy appointed president of London Diamond Bourse

The London Diamond Bourse (LDB) has announced the appointment of Harry Levy as LDB president, replacing Freddy Hager who passed away in […]

May 5, 2011

IDEX Online Research: Polished Prices Rise 1.9% in April, Index Breaks Record

Polished diamond prices rose by about 1.6% during the month of April, according to the IDEX Online Polished Diamond Index. The average […]

May 5, 2011

Shear commences drilling at Jericho diamond project in Nunavut and intersects additional kimberlite

Shear Diamonds Ltd. (TSX VENTURE:SRM) today announced the commencement of its spring drilling program at its 100% owned Jericho Diamond Project, Nunavut. The first drill hole within the Jericho open…

May 5, 2011

Talmora Diamond announces equity financing to raise up to $1,250,000

Talmora Diamond Inc. (CNSX:TAI) is pleased to announce that it proposes to complete a part brokered and part non-brokered private placement of up to 25,000,000 Units, comprised of at least…

May 5, 2011

Rio Tinto to weather storm of fragile global economy

Rio Tinto , the world's third-largest miner, expects global markets to remain fragile in the near term and sees itself in a strong position to weather any turbulence, its chairman…

May 2, 2011

Three Cs Going Crazy in Commodities

With silver spiraling out of control, it's worth checking in on some of the other commodities. Indeed the agricultural or soft commodities have, as a group, been surging in recent…

May 2, 2011

Tanishq opens large-format outlet in Mumbai

Tanishq opened a large-format jewelry boutique at Andheri in suburban Mumbai on April 29. The 20,000 sq. ft. store was inaugurated by […]

May 2, 2011

Charles & Colvard posts Q1 loss as it invests in business initiatives

Charles & Colvard’s first quarter net sales increased 4% to $3 million, the moissanite maker reported Thursday. The increased income did not […]