MINING.COM

Rio Tinto unveils its first Indian diamonds

Mining giant Rio Tinto (LSE:/NYSE:/ASX:RIO) has unveiled its inaugural set of jewelry made using diamonds from its Bunder mine project in India's Madhya Pradesh.

Marc Howe | August 28, 2012 | 2:24 am

Nobody knows where the $334 million Zimbabwe sold in diamonds last year ended up

The boom in Zimbabwe ‘s diamond industry has not translated into improved living standards for ordinary citizens, as proceeds from gems’ sales benefit a few politically connected individuals and finance undercover security operations, AllAfrica.com reports.

Cecilia Jamasmie | August 27, 2012 | 7:17 pm

Analyst downgrades Harry Winston on lower production forecasts at diamond mine

A revised life-of-mine plan at Harry Winston Diamond Corp’s Northern Diavik diamond mine has taken some of the shine off the company’s stock.

Financial Post | August 24, 2012 | 3:31 pm

Canada shrinks National Park plans to leave room for mining

Canada’s federal government opened a can of worms Wednesday after announcing that a national park, to be created in the North of the country, will be smaller to make room for mining endeavours.

Cecilia Jamasmie | August 23, 2012 | 1:29 pm

Meet the Israeli middleman said to have ‘stripped and flipped’ First Quantum’s DRC mine

Gertler, 38, used his relationship with DRC president Joseph Kabila and Kabila's now late adviser Augustin Katumba Mwanke to bag mining projects "by stripping from others if necessary, only to sell them on at great profit."

Frik Els | August 22, 2012 | 6:32 pm

Two massive diamonds in Angola dazzle investors and brighten up local industry

The Australian diamond company Lonrho Mining dazzled investors Tuesday as the company confirmed the finding of two huge diamonds from the Lulo project, in northeastern Angola.

Cecilia Jamasmie | August 21, 2012 | 12:54 pm

Harry Winston sets Diavik mine’s value at $2.6 billion

Toronto-based jeweller Harry Winston Diamond, which is looking to become the sole owner of Rio Tinto’s Diavik Mine, in Canada's Northwest Territories, said the mine has another 11 years to go and a current net value of $2.6 billion.

Cecilia Jamasmie | August 20, 2012 | 6:37 pm

Alrosa’s move may ‘rescue’ Indian diamond sector

Alrosa announced this week that it sold rough diamonds to the Russian state gem repository Gokhran for the first time in three years.

Frik Els | August 19, 2012 | 6:02 pm

Angola’s diamond company partners up with six companies to explore concessions

Angola's state-run diamond company Endiama has partnered with six other firms in order to explore a mining concession in the regions of Lunda Norte and Sul.

MINING.com Editor | August 18, 2012 | 1:34 pm

First

Last

Move over gold, diamonds may become one of the greatest safe-havens

Petra Diamonds might breach debt covenants

Massive diamond found by Sierra Leone pastor now for sale in Antwerp

Firestone Diamonds soars on largest find to date at Lesotho mine

Botswana Diamonds soars on promising find at South African project

Create FREE account or log in

to receive MINING.COM digests