MINING.COM

Firestone unearths ‘very rare’ diamonds at its Lesotho mine

Firestone Diamonds (LON:FDI) announced Tuesday the recovery of a batch of very rare type 2 diamonds from its Liqhobong mine in Lesotho as well as an even scarcer blue diamond.

Cecilia Jamasmie | October 16, 2012 | 12:46 pm

Archduke Joseph diamond set to fetch $15 million at auction

The Archduke Joseph diamond, a storied gemstone weighing more than 76 carats, is expected to fetch over USD$15 million when auctioned by Christie's in Geneva this November.

Marc Howe | October 16, 2012 | 2:31 am

Wisconsin man finds a diamond in the mire

A Wisconsin man has a found a 1.2 carat diamond while panning for gold in the refuse of a friend's freshly drilled well.

Marc Howe | October 16, 2012 | 1:40 am

More than half of mining execs think industry is on its way up

Mining executives see lots of more sunny days in 2013 with 55% of participants in a recent survey saying they believe their sector will perform better than it did in the first half of 2012.

Cecilia Jamasmie | October 15, 2012 | 3:39 pm

US net diamond imports plunge 91%

Net imports of both rough and polished diamonds plunged 91% year-on-year in August to $25 million.

Marc Howe | October 12, 2012 | 10:47 pm

Yale researchers discover diamond planet twice the size of the Earth

A team of U.S-Franco scientists led by Yale University hit the jackpot by discovering not just another celestial body near the Earth, but one that it is likely to be covered in diamonds and it is twice the size of our planet.

Cecilia Jamasmie | October 11, 2012 | 1:05 pm

Argyle pink diamonds to run out inside a decade

Production at Rio Tinto's (ASX:RIO) Argyle mine in Western Australia's Kimberley region will soon come to an end as its rare deposits of pink diamonds approach exhaustion.

Marc Howe | October 10, 2012 | 11:05 pm

Rio to cut jobs on concerns over China slowdown

Rio Tinto (ASX:RIO) has announced further retrenchments and cost cutting measures due to concerns that the slowdown in China's economic growth will be more pronounced than expected.

Marc Howe | October 9, 2012 | 11:37 pm

Firestone reports diamond quality improvement at Lesotho

Africa-focused junior miner Firestone Diamonds reported that the quality and value of diamonds recovered at its ‎Liqhobong plant in Lesotho has improved since the company shut down the plant in July. ‎

Cecilia Jamasmie | October 9, 2012 | 2:39 pm

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Petra Diamonds sees brighter 2018 after warning of debt breach

Investors force Rio Tinto to ditch plans to have Mick Davis as chairman

De Beers puts South Africa’s Voorspoed mine up for sale

Brazilian miners up in arms as lawmakers hike iron ore, gold royalties

Gem Diamonds finds seventh largest rock this year at Lesotho mine

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