Botswana Diamonds jumps on prospecting licence expansion

Canadian diamond producer Lucara Diamond Corp announced today that production from its recently inaugurated Karowe mine in Botswana could be available for sale in June.

Miningmx.com reports April has seen the lowest number of mining fatalities ever in South Africa, according to figures released by mines minister Susan Shabangu.

Matt Manson, Stornoway's President and CEO, stated: "This financing announcement is another important milestone in the development of Quebec's first diamond mine. This loan will provide Stornoway with good funding flexibility as we begin the ramp-up to the capital programs anticipated at Renard in 2013 and 2014.

Bella Ideale Diamonds, a company that sells jewellery and provides strategies for diamond investing, claims that certain high quality diamonds exceed investment returns of traditional investments and are second only to gold in price appreciation over the past 10 years.

Birks, one of Canada's main manufacturers and retailers of fine jewellery since 1879, is bringing the largest collection of yellow diamonds ever to be exhibited in the jeweller's history to its Toronto location. A collection of pieces worth $10 million will be showcased at Birks on Bloor from May 2 to 6, 2012.

The latest figures by Kimberley Process Certification Scheme (KPCS), international diamond regulators on the global diamond production, have set the alarm bells ringing in the world's biggest diamond cutting and polishing centre in Surat, India.

Canadian junior Shear Diamonds Ltd. (TSX VENTURE:SRM) announced today it’s begun processing diamonds from the stockpiles at its Jericho diamond mine in Nunavut, Canada.

NRI business tycoon Lakshmi N Mittal on Sunday said India's economy will continue to grow despite politics over policy paralysis.

The United Nations' Security Council on Thursday extended the sanctions imposed on Côte d’Ivoire (Ivory Coast) for another year, including exports of rough diamonds.