May 1, 2011

True North Gems is pleased to announce the completion of the second tranche of its $3.4 million private placement

True North Gems Inc. (the "Company") (TSX VENTURE:TGX) announces that it has completed the second tranche of its previously announced and oversubscribed non-brokered private placement. The second closing is for…

April 29, 2011

Today in Commodities: Tipping Point

We feel that some commodity prices are getting overextended and very close to their tipping pint. Far from an ultimate top but […]

April 29, 2011

Diamond demand growth boosts Namdeb numbers

Namdeb Diamond Corp said on Thursday that it had moved back into profit as the global recovery stoked demand for its luxury product and it was cautiously optimistic about the…

April 28, 2011

Mother’s Day jewelry sales expected at $3 billion

Jewelry will be a popular gift option this Mother’s Day, with 31.2 percent of celebrants planning to buy mothers silver, gold or […]

April 28, 2011

28 People Arrested in Diamond-Smuggling Ring Bust

Chinese police said they have shut down a Hong Kong-based diamond-smuggling ring, in three months of arrests and confiscations. Twenty eight people were arrested between January and March and diamonds…

April 27, 2011

Commodities: No bubble here

With commodity prices up so much over the past several years, you can forgive long-term value investors for giving them a miss. Who wants to risk exposure to another asset…

April 26, 2011

Stornoway announces 2011 exploration program and budget

Stornoway Diamond Corporation (TSX:SWY) is pleased to announce the2011 exploration budget for the Company's portfolio of diamond exploration projects. Stornoway's flagship property is the 100% owned Renard Diamond Project in…

April 25, 2011

Peregrine discovers CH-51 kimberlite at Chidliak

Peregrine Diamonds Ltd. ("Peregrine" or "the Company") (TSX:PGD) is pleased to report the discovery of the CH-51 kimberlite by core drilling on the Chidliak project ("Chidliak") on Baffin Island, Nunavut,…

April 19, 2011

Leighton JV wins US$586M mining service contract In Botswana: WSJ

The Wall Street Journal is reporting that Leighton Holdings Ltd., and two joint venture partners, have obtained a contract worth $586 million, to last 66 months, at one of the…

April 18, 2011

Is commodities boom nearing its end?

The commodity bull has shown little sign of running out of steam - until now. Prices began to stumble as soon as a note from Goldman Sachs, the American banking…