RSSCategory: Diamond

One million dollar diamond to be auctioned in Vancouver

| 22.02.2012

An emerald cut diamond valued between $900,000 and $1 million is set to be auctioned in Vancouver on Sunday at the Sutton Place Hotel.

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Anglo American reports solid 2011 profits thanks to coal and diamonds

| 17.02.2012

London-based giant miner Anglo American PLC (LON:AAL) announced today record $13.3-billion 2011 earnings, a 23% increase in underlying earnings a share and a 14% increase in annual operating profits to $11.1 billion.

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Making Sure That Valentine Diamond Isn’t Tainted by Blood: View

| 16.02.2012

It being the feast of Saint Valentine, today is a favored moment to give or receive that ultimate lovers’ gift: a diamond. This year, however, isn’t a good one for those who want to know for sure that the stone’s origins are above reproach.

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Tsvangirai tours diamond mines

| 16.02.2012

Prime Minister Morgan Tsvangirai said Thursday the government desperately needs revenue from diamond sales, after the lifting of a global ban imposed over military abuses.

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Shear Announces Final Water License Approval by Minister for Jericho Diamond Mine

Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been received from the Minister of Aboriginal Affairs and Northern Development for the Jericho Diamond Mine.

TORONTO, ONTARIO–(Marketwire – Feb. 16, 2012) – Shear Diamonds Ltd. (TSX VENTURE:SRM) is pleased to announce that further to our press release dated December 22, 2011, the final approval for an eight year Type A water license has been rec…

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3 Indian firms get diamond processing licences in Botswana

| 16.02.2012

The opening of Botswana as a major diamond trading hub has opened a new window of opportunity for Indian processing companies.

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Report says Mugabe’s police running diamond mines

| 15.02.2012

A report published this week by Global Witness, an international human rights group, says that companies mining the controversial Marange diamond fields in Zimbabwe have senior personnel drawn from security forces loyal to President Robert Mugabe.

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India diamond industry under threat from Chinese dragon

| 15.02.2012

Is the Rs 80,000 crore worth of diamond manufacturing industry in the world’s biggest diamond cutting and polishing centre in Surat under threat from the Chinese dragon? With a huge flow of capital investment from the diamond companies in Israel and Belgium in and around Shanghai and the provinces of Guangdong and Shandong, Chinese threat is more eminent than ever before.

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Rosy Blue may turn to Rio Tinto for raw diamonds

| 15.02.2012

n what can be termed as a major fallout of the indication given by the world’s largest raw diamond producer De Beers that it may not increase production this year, the sole diamond processing unit in Madhya Pradesh, Rosy Blue, has hinted at shifting its orders for raw diamonds to Rio Tinto.

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Slow start, but Canada diamond ice road operators not panicking

| 14.02.2012

Above zero temperatures have set the 600-km ice road connecting diamond mines in Canada’s Northwest Territories with supplies slightly behind schedule since trucking began at the start of the month, but there is no reason to panic yet, the man in ch…

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