Thursday
,
02 Sep 2010
In a major boost to gold and diamond mining in India, mining giant Rio Tinto, which has discovered an immensely rich diamond resource of 37 million tonnes in northern India's Madhya Pradesh state, is set to invest $79 million in the country.
Thursday
,
02 Sep 2010
The diamond miner saw a 62% jump in sales during the quarter, which pushed up profits to $16.5m for the period, significantly higher than analyst expectations
Friday
,
20 Aug 2010
The group said diamond production at the Murowa mine in southern Zimbabwe, which the government banned from exporting gems in May, had risen to 85,939 carats from 67,000 in the same period in 2009.
Wednesday
,
18 Aug 2010
In a bid to augment profits and cut out the role of the middleman in the diamond business, diamonds traders have decided to team up and form a new company to source roughs directly.
Tuesday
,
17 Aug 2010
Despite being endorsed by the Kimberley Process, the trading network says there is still no guarantee that the stones are free from human rights abuses
Tuesday
,
10 Aug 2010
Rising consumer interest from the United States has ensured that the country's net polished exports rose 74% to $4.18 billion for the first half of the calendar year.
Thursday
,
05 Aug 2010
The 50-50 joint venture between De Beers and the Namibian government hopes that the investment will extend the lifespand of its diamond operations in the Oranjemund area from2014 to 2050
Friday
,
30 Jul 2010
De Beers has announced that it is considering offers for its Finsch diamond mine and its currently-suspended Namaqualand alluvial operation.
Tuesday
,
27 Jul 2010
Firestone Diamonds is looking to become a much more significant player in the global diamond market with its proposed acquisition of Kopane Diamond
Friday
,
23 Jul 2010
In a surprise announcement on Friday, the Diamond producer said Gareth Penny advised the board that he believes it is an appropriate time to step down. The group also announced a surge in H1 profits
Friday
,
16 Jul 2010
India's gem and jewelry export basket in February 2010 crossed $2.2 billion. Discontent brewing in the Gujarat city's diamond industry, however, is set to upset the applecart.
Thursday
,
08 Jul 2010
As another indicator of China's market growth for precious metals and diamonds, top Indian retailer Gitanjali plans to open 50 outlets there.
Thursday
,
24 Jun 2010
Zimbabwe's minister of mines and mining development said it will immediately begin exporting Marange field stock piles; Kimberley Process yet to reach consensus
Wednesday
,
23 Jun 2010
As gold continues to hit new highs, jewellery buyers are moving out of gold and into diamonds, something the consortium of 58 Indian diamond traders has taken note of.
Sunday
,
13 Jun 2010
Kimberley process monitor approval means Zimbabwe will be able to export around $1.7 billion of diamonds held in government stockpile.
Tuesday
,
08 Jun 2010
An official from Endiama said the country is working on a new law to regulate the way diamond companies distribute their revenues from Angolan projects
Thursday
,
20 May 2010
After delays due to the collapse of the diamond market in 2008, and differences of opinion between owners, the new AK6 diamond mine near Orapa in Botswana is now targeting production in late 2011