Category: Diamond
South Africa’s mine production numbers lowest since 2008; platinum worst hit
A report from Statistics South Africa paints a bleak picture of the mining industry’s productivity.
A pretty infographic to take on the Kimberley Process
MINING.com reported on how opponents and proponents of hydraulic fracturing were using videos and infographics to argue their case. Now a London jeweler, Ingle and Rhode, is taking on the Kimberely Process and using an infographic to explain why, according to the company, that the standard is not up to snuff.
Three hit singles, a Grammy nomination and a diamond mine
Alianue Thiam, a rising R&B singer in the U.S.A., is just another celebrity with a side business, although this side business happens to be owning a South African diamond mine. The Senegalese-American producer and singer, known as Akon, collaborated with …
Russian diamond manufacturers criticize India
Access to rough diamonds has always been an issue for diamond manufacturers, and the backdrop to much commercial and national strife. Last week this was exemplified when a Russian manufacturing association said they are “outraged” by an Indian appeal t…
Alrosa IPO may be receding in the distance just as Russian rock star hits the sweet spot
The world’s number one diamond miner does not seem to be in need of cash. Too bad, direct exposure to diamonds has always been hard to come by and the diamond business’ fundamentals continue to improve.
Top retailer warns diamonds aren’t every investor’s best friend
Despite flagging itself as a possible buyer, North American company Harry Winston has warned the big miners they will find a ”narrowed field” of suitors for their diamond mines.
Investors looking for answers about Diavik dig a hole into Harry Winston stock
Diavik is supposed to transform into an underground operation this year and Harry Winston’s partner on the project, Rio Tinto, wants to exit diamond mining, but the luxury retailer could not provide any guidance on the way forward. Investors responded by giving Harry Winston a 5% kicking.
$25 admission nets couple 50.5 carat emerald at North Carolina mine
ABC News reports that two amateur rockhounds, Libby and Kevin Barrieault, found a 50.5 carat emerald in North Carolina.
Rio and BHP should team up: analysts
Rio Tinto and BHP Billiton could have more success selling their diamond assets if they team up, according to analysts from Nomura.
‘Shocking’ trade numbers have some Australians calling the end of the mining boom
The commodity price cycle peaked in the third quarter of last year.
