De Beers becomes sole owner of jewellery brand, buys out retail partner LVMH

African diamond mining and exploration company DiamondCorp Plc., has received validation for its development plan at its Lace mine in South Africa, from SRK Consulting, an independent local consultant.

TSX- and JSE-listed Rockwell Diamonds on Monday reported the successful completion of “robust” negotiations with black economic-empowerment (BEE) partner Africa Vanguard Resources (AVR) following a restructuring of the deal.

Luxury jewellery retailer and miner Harry Winston Diamond Corp. is one of several potential buyers of BHP Billiton's Ekati diamond mine in the Canadian north, according to media reports Wednesday.

A respected diamond expert says that an influx of "recycled" diamonds entering the market could depress prices of the precious stones and hurt diamond miners.

The government of Botswana has established a new diamond trading company that will be responsible for the purchasing, selling and marketing of the state’s portion of Debswana Diamond’s production.

South Africa took a step closer on Thursday to create a standalone mining company that will take charge of the government's role in the country's rich resources and with ambitions of becoming involved in the continent's mining sector.

Japan imported $72.3 million worth of polished diamonds in January, starting the year with a decline compared to January and signaling the end of a nine-month long rise in diamond demand.

Anglo American (LON:AAL) can officially take over De Beers as the European Commission granted the global miner authorization to proceed with its acquisition of the world's biggest diamond company, announced in November.

Major Drilling posted quarterly revenue of $182.2 million, up nearly 70% from the $107.7 million recorded for the same quarter last year. This represents the highest level of third quarter revenue in the Company's history.