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2014-01-08 06:58:18|

Absent Decent Offers, Rio May Keep Diamond Assets

The possible sale of Rio Tinto Diamonds' assets has taken a new turn, with Rio Tinto chief executive officer Sam Walsh playing down the chances of it being sold if offers do not reach its valuation.

2014-01-08 06:45:55|

Millions of Dollars Paid by Diamond Miners in Zimbabwe Vanish

evenues from the high mining taxes Zimbabwe charges to miners —particularly to diamond producers— are nowhere to be found

2014-01-08 06:40:47|

Pangolin Diamonds Discovers Second Kimberlite in Botswana

Pangolin Diamonds Corp. has discovered a second kimberlite at its wholly owned Tsabong North Project in Botswana.

2014-01-08 06:33:44|

Alrosa Diamond Figures Better Than A Year Ago

Russian diamond company Alrosa's revenues rose 6% on a year earlier in the first quarter of this year to $1.24 billion, but were down 15% on the fourth quarter of last year due to changes in product mix.

2014-01-07 09:14:52|

Alrosa Now Holding Rough Diamond Tender in Israel

Russian state-owned diamond company Alrosa is currently holding a tender for rough diamonds in Israel, the Israel Diamond Exchange announced in a press release.

2014-01-07 09:06:06|

"Million carats" could be retrieved from diamond dump in Botswana

About 18 million carats over 20 years are expected to be recovered from a modular tailings treatment project currently under construction at Debswana’s Jwaneng diamond mine in Botswana, world's richest diamond mine by value.

2014-01-07 08:59:59|

US Partners with Guinea to Improve Diamond Mining

The US Department of State announced Friday a partnership with Guinea to increase transparency and reduce corruption in the extractives sector.

2014-01-07 08:53:39|

Diamond industry hits a rough patch

Dimanataires in world's biggest diamond cutting and polishing centre in Surat, especially the small and medium unit owners, have stopped the import of rough diamonds rupee plunging to a record low against the US dollar.

2014-01-07 08:43:08|

Belgium's polished diamond exports rise 7.7% in May

In May 2013, Belgium’s polished diamond exports were up 7.7 percent 9on y-o-y basis) to $1.271 billion,

2014-01-07 08:34:41|

GIA Alumni Africa Chapter Hosts “Synthetic Diamonds and Treatments”

As part of the Gemological Institute of America's (GIA) efforts to bring education, research and laboratory services to the diamond and gem industry in Africa

2014-01-07 08:26:42|

Alrosa Doubles Its Stake in Yakutia Diamond Miner

A subsidiary of the Russian state-owned diamond company Alrosa has doubled its stake in OAO Nizhne-Lenskoye, the diamond mining company operating in northwest Yakutia

2014-01-07 08:18:04|

Abrasive Film Rolls suit powertrain polishing applications

Combining patented topside resin system with 2 backing types and grit size color coding, Norton Finium™ Abrasive Microfinishing Film Rolls deliver high material removal and surface finish uniformity

2014-01-07 08:08:05|

Diamond Miner Trans Hex Sees Earnings Drop

Yearly earnings for diamond company Trans Hex has come up short, Mining Weekly reports. For the fiscal year running from April 2012 to March 2013

2014-01-07 07:23:40|

Zimbabwe Treasury: Diamond Taxes Still Short

The Treasury of Zimbabwe says that it continues to find it difficult to finance the continued operation of the government because the income it is due from taxing diamond companies operating in the country has not been forthcoming

2014-01-07 07:00:41|

Paragon Diamonds Narrows Loss to $2M

Paragon Diamonds narrowed its fiscal year loss to $1.7 million (GBP 1.1 million) compared with $21 million one year ago.

2014-01-07 06:42:15|

Zimbabwe Stops Diamond Fees Before They Start

In what would be a surprising reversal, the parliament of Zimbabwe may soon cancel the country's recent regulations on mining that were only enacted months ago,

2014-01-07 06:27:18|

Increased Diamond sales boost Botswana's March trade surplus

Botswana’s trade balance for the month of March recorded a bumper surplus of more than 1-B Pula (US$116.6-M) as increased Diamonds sales powered exports up by 17% against a modest 3% rise in imports.

2014-01-07 06:15:25|

Rio Tinto Edges Closer to Diamond Unit Flotation

Rio Tinto is in the process of developing plans with its advisers at Morgan Stanley to raise up to $380.8 million (GBP 250 million) through a separate listing of the company's diamond division on the London Stock Exchange

2014-01-07 06:04:29|

Indian Diamond Firms Raided On Customs Changes

Five firms operating in the largest diamond manufacturing center in the world were raided by Indian tax officials, on suspicion of attempting to evade customs fees

2014-01-06 09:23:46|

World Diamond Council Reminds the Trade to Avoid CAR's Rough Diamonds

Eli Izhakoff, the president of the World Diamond Council, offered his support, without reservations, to the Kimberley Process' decision to temporarily suspend the Central African Republic (CAR).

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