Rockwell Diamonds announced that even after increase in quarterly revenue, it experienced a fiscal loss, but that this was still a huge improvement over last year's Q3, when it lost millions of dollars.
Botswana Diamonds started up exploration project with ALROSA at the PL117 license in the Orapa region of Botswana.
Mining giant Rio Tinto has announced its plans for its new diamond project in India, and they are ambitious. Business Standard reports that the firm intends to produce up to three million carats of rough diamonds a year at its Bunder project.
The Government of India is launching a crackdown on the trade of precious gems and precious metals at its Special Economic Zones in order to weed out corruption.
The Gems and Jewellery Export Promotion Council (GJEPC) has launched an operation to discover which diamond factories in Surat are manufacturing synthetic stones.
Zimbabwe Finance Minister Patrick Chinamasa is cautioning observers to dampen their expectations of the country's diamond industry because fewer rough stones than originally anticipated will be produced this year.
In a frustrating discovery, scientists have found a site containing the rocks that often produce diamonds – in Antarctica.
Russian state-owned diamond company Alrosa, together with its affiliates, plan to export nearly 36 million carats of rough diamonds in the 2014 calendar year.
The recommendation has been made in the wake of controversy with regard to large-scale mixing of undisclosed synthetic diamonds with natural diamond parcels that has sullied the reputation of Indian diamond industry.
De Beers has introduced forward contract sales, allowing customers to book the required quantities and types of the stone for a future month.
South Africa-focused Petra Diamonds said output rose 25 percent in the first quarter and maintained its full-year target of about 3 million carats, as its key Finsch mine was unaffected by labour strikes.
Russian diamond mining monopoly Alrosa has signed a cooperation agreement with the Antwerp World Diamond Centre.
One of China's most important trade regions is about to get a new center for rough diamond trading.
Russia and Armenia have signed an agreement to cancel duties on exports of diamonds to Armenia. The deal on diamond trade was signed by Russian President Vladimir Putin and Armenia’s Serzh Sargsyan.
U.S. polished diamond imports in September rose 12.7 percent year on year to $1.659 billion, with the average price per carat increasing 28.8 percent to $1,661.
Can you use ruby or diamond orifices with WARDJet waterjets? Yes, you can use either. Of course, the next question is which one should be used. That answer depends on the environment the machine will be working in and a number of other issues.
The use of nanoparticles (NPs) in biomedicine is an area of active research. Scientists are using biomimetic functionalisation strategies that could lead to targeted drug delivery with greater specificity and no toxicity.
Growing demand for diamonds and reducing production in medium term will remain basic market drivers and will cause price growth.
Diamond company Firestone reports that Absa Bank Ltd has agreed to provide a project debt finance facility of up to $82.4 million to Liqhobong Mining Development Company.
Botswana Diamonds reported that its loss narrowed 10.8 percent year on year to $837,000 (GPB 518,245) for the fiscal year that ended on June 30.