December 12, 2012

Rockwell Diamonds mothballs Tirisano mine

Canadian Rockwell Diamonds (TSX:RDI, JSE:RDI) has decided to place its operations at its Tirisano mine in South Africa “on care and maintenance,” following persistent industrial relations issues and ongoing losses…

December 12, 2012

Aussie mining boom is far from bust – shift to operational stage will see better spreading of benefits

Spoils of the country's resources bounty will be better distributed as the mining sector enters an operational phase

December 11, 2012

Canadian junior Stornoway surges on diamond recovery

Stornoway Diamond (TSX:SWY,) shares climbed 24% to 63 cents on Tuesday after the company reported the recovery of a 9.78-carat diamond during the ongoing processing of the Renard 65 bulk…

December 11, 2012

International Diamond Manufacturers group says industry under threat

The International Diamond Manufacturers Association (IDMA) new president, Maxim Shkadov, called rough diamond producers on Tuesday to come up with a joint industry marketing plan to increase sales of polished…

December 9, 2012

Yakutian Diamond Company gets nod to acquire 100 pct of Nizhne-Lenskoye

On November, 28, 2012 Department of the Federal Antimonopoly Service at Republic Sakha (Yakutia) considered application of Yakutian Diamond Company Ltd. having approved acquisition of 100% voting shares in OJSC…

December 9, 2012

Hard-to-reach places drive miners to bet big on renewable energy

Contrary to their tarnished image, mining companies are investing in renewable energy faster than other industries and will account for 1.8 percent of global clean-power spending this year

December 7, 2012

Stornoway Diamonds obtains key approval for Renard mine in Quebec

"The most significant milestone in the development of the Renard Diamond Project achieved to date."

December 5, 2012

Lucara Diamond Corp. provides operating performance outlook for 2013

By the end of the first year of production Lucara will have sold over 230,000 carats of diamond, including a rare 9.46 carat blue diamond which achieved a record price…

December 5, 2012

Uranium North and Diamonds North agree to a strategic business amalgamation

The amalgamation of Diamonds North and Uranium North is deemed 'logical' as the two companies currently hold the same material properties in Washington State and they share management and exploration…

December 3, 2012

Parents prefer to name their daughters Ruby instead of Jade

You named me what?