Up until now, the state-owned Zimbabwe Mining Development Corporation has partnered with diamond companies from different countries in order to search for precious gems in the Marange region of the country.
LONDON-listed Petra Diamonds, which gets nearly all its earnings from four major diamond mines in South Africa, has bucked the negative trend in the commodity markets with increased production and profits for the year to end-June.
Royalty miners working at JSE- and TSX-listed Rockwell Diamond’s Tirisano operations have gained momentum, boosting the group’s carat output for the second quarter of the 2014 financial year.
Petra Diamonds reported revenue up 27% to $402.7 million for the year ended June 30 from $316.9 million last year.
Scio Diamond Technology Corporation (OTCBB: SCIO) (hereinafter "Scio" or the "company") today announced that it has entered into product specific Joint Venture Agreement to produce Type lla.
The Diavik Diamond Mine in Canada’s Northwest Territories is using a wind farm, which was installed about a year ago, to power the site, which reduces the environmental impact of making diamonds.
A reconstituted diamond company has made good on its word to jump-start Australia's second-largest diamond mine.
A steady diamond demand in the United States, paired with an ever growing appetite for these precious stones in China and India.
In heat-sinking applications for optoelectronic components, synthetic diamond dissipates heat much better than conventional materials such as copper and silicon carbide
Namibia’s diamond output this year is likely to show a slight decline to 1.64 million carats from 1.67 million carats in 2012, according to the Bank of Namibia.
South Africa-based DiamondCorp. reports that underground mine development commenced at its Lace mine in South Africa in the first quarter of the year.
An Australian mining firm is brining to a close its diamond industry activities in order to focus on iron ore exploration.
In an effort to increase its revenues, Vancouver, Canada-based Rockwell Diamonds is ramping up its rate of production, hoping that such a move will lead to the discovery of more large stones, which fetch a pretty penny on the market.
The month of June was a serious disappointment for diamond exporters in Botswana.
The leaders of the major U.S. diamond industry and trade organizations, the Diamond Dealers Club of New York (DDC) pledged their support to the goals and the program of the World Diamond Mark (WDM).
LONDON and JSE-listed DiamondCorp is on budget and schedule with development of the Lace diamond mine near Kroonstad in the Free State, which is due to start commercial production in the first half of 2015.
Diamond company Lucara held a tender for extra-large rough diamonds yesterday, and successfully sold the lot of them, pocketing nearly $25 million in revenues
According to the Bank of Namibia, the country's rate of diamond production will falter during the present calendar year, but in the following year it is expected to make up that ground and increase past last year's rate
African diamond exporter, Sierra Leone says it shipped out diamonds worth $102 million in the first half (H1) of the year, a 43 percent rise as compared to the $71 million gained from exports during the same period last year.
A large kimberlite field has been discovered in Western Australia's Gibson Desert, and it may extend over 400 square kilometers