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2014-01-14 06:20:36|

Downturn for Alrosa's Biggest Diamond Subsidiary

Mirroring the half-year results of its parent company, OAO Alrosa-Nyurba's net profits for the first six months of the 2013 calendar year were markedly less than the same statistics for the first six months of the previous year

2014-01-14 06:15:58|

India to See Recycled Diamonds Sale

White Pine Diamonds, which deals in recycled diamonds, will be holding its first recycled diamond sales event in Mumbai later this month. The sale in India marks an expansion of the firm’s international activities.

2014-01-14 06:12:35|

Alrosa's Diamond Profits Dip Over Increased Costs

Russian state-owned diamond company Alrosa released its financial figures for the first half of the 2013 calendar year, and they are marginally lower than they were during the first half of the previous year

2014-01-14 06:08:24|

DMIA Glad Members Got De Beers Diamond Payments

The Diamond Manufacturers & Importers Association of America has welcomed the payments on July 26 to companies which purchased directly from Diamdel and its competitors and are the result of the settlement of a class action suit against De Beers.

2014-01-14 06:03:39|

Japan Sees 1st Argyle Pink, Red Diamonds in 5 Years

For the first time in half a decade, Japanese diamond traders will be able to get a gander at the precious pink crop from Western Australia's Argyle diamond mine

2014-01-14 05:59:26|

Petra's Diamond Production Rises By 21% On Year

Petra Diamonds reported that rough diamond production rose 21% on the year to 2,668,305 carats in its 2013 fiscal year, slightly above the revised market guidance of 2.65 million carats.

2014-01-13 08:40:01|

Diamond Tech Firm OGI Expanding Into India

A leading diamond industry technology solutions company has announced that it will be expanding its global operations to include the provision of services to India.

2014-01-13 08:33:32|

Gem Diamonds' H1 Letseng Output Falls 26%

Gem Diamonds Limited recovered 42,268 carats of rough diamonds from its Letšeng mine in Lesotho during the half-year period ending June 30, 2013, down 26 percent compared to both the first and second halves of 2012.

2014-01-13 07:02:19|

De Beers H1 Diamond Haul Higher In 2013

De Beers reported half-year production increased by nearly one million carats to 14.3 million carats in the first half of 2013 from 13.4 million carats in the year-earlier period owing to improved ore grades at Orapa and Jwaneng mines in Botswana.

2014-01-13 06:58:03|

Diamond hub to get strongroom for direct export by month-end

Diamantaires in Surat, the world's biggest diamond cutting and polishing centre, will no longer have to send their precious stones to Mumbai for export formalities and custom clearances .

2014-01-13 06:54:20|

New Material Could Cool Gadgets Even Better Than Diamonds Do

As electronic devices get increasingly tiny, heat management becomes a bigger and bigger problem. In gadgets that can't practically house a fan, heat sinks do the job of keeping sensitive electronics cool.

2014-01-13 06:50:41|

Large Diamonds Prevent Any Serious Losses At Letseng

Gem Diamonds sold 4% fewer diamonds from the Letseng mine in Lesotho on the year at 47,065 carats in the first half of 2013. Sales amounted to $81.9 million in the period – down from $82.6 million a year before.

2014-01-13 06:10:13|

De Beers' Diamond Production Up & Top Spot Filled

Mark Cutifani, chief executive of Anglo American, has been appointed chairman of the De Beers Group with immediate effect.

2014-01-13 06:05:24|

Belgian Government, Royals Prioritize Diamond Industry

The Belgian diamond industry is benefitting from strong support from the country's elected government and its hereditary royals

2014-01-13 06:00:08|

Rio Gives Dozens of Diamond Miners The Heave Ho

Rio Tinto may have decided to continue running operations at the three diamond mines it owns, but that's no guarantee that the people currently working there are going to keep their jobs.

2014-01-13 05:51:40|

Namdeb In For Long Diamond Hall, Increases Pace

Diamond company Namdeb announced that it is increasing both the pace of its production at a diamond project in Namibia and the length of time it plans to mine there.

2014-01-13 05:47:36|

Rio Tinto Reports Sharp Rise in Diamond Production at Argyle in Q2

In the first half of the year, output rose by 20% to 7.37 million carats. Rio Tinto will hold a tender in Israel from August 25 to 29 in a specially built tenders area in the Trading Hall.

2014-01-10 08:45:09|

Alrosa Lends Its Diamond Subsidiary $71 Million

Russian state-owned diamond company Alrosa sealed a deal with its subsidiary OJSC Severalmaz stipulating that the former agrees to lend the latter the equivalent of $71 million in order to support its operations and activities

2014-01-10 08:19:35|

Rockwell Diamonds' Q1 revenue climbs

South Africa-focused miner Rockwell Diamonds lifted first-quarter revenues from its own operations by 31% to $6.57-million, boosted by high-grade diamonds from its Middle Orange River region operations.

2014-01-10 08:06:54|

2 Large Diamonds Unearthed at South African Mine

Diamcor Mining Inc. said it has recovered two additional "special" diamonds in the +10.8 carat category from its Krone-Endora at Venetia Project. The finds, a 15.16-carat diamond and a 13.38-carat stone

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