MINING.COM

Alleged Ponzi scheme rocks Israeli Diamond Exchange

A trader at the Israeli diamond center has been barred from entering the diamond complex in Ramat Gan after allegedly operating a Ponzi scheme. On Wednesday, a $1.3 million lawsuit was filled against him, claiming a 'sting' operation.

IDEX Online | April 19, 2012 | 10:59 am

De Beers diamond production down 16% in Q1

Diamond production by De Beers decreased to 6.2 million carats in the first quarter. This is a decline of 16 percent year-over-year and 4 percent compared to the fourth quarter of 2011.

IDEX Online | April 19, 2012 | 3:53 am

Diamond prices tipped to sparkle

An expert has tipped the price of diamonds to rise by more than 30 per cent over the next two years because of expected consolidation in the industry and increasing investor interest in the sector.

The Australian | April 18, 2012 | 9:45 pm

Strikes and bad weather hammer BHP’s production

Heavy rains and a prolonged strike at its Queensland coal mines have taken their toll on the world's biggest miner.

Andrew Topf | April 18, 2012 | 5:02 am

Canada makes good on promise to streamline mining, oil and gas projects

The Canadian government followed through on last month's budget promise to streamline environmental reviews of resource projects with a plan for "responsible resource development."

Andrew Topf | April 18, 2012 | 12:01 am

IMF forecast gets more upbeat

The International Monetary Fund increased its outlook for the world's economy on Tuesday, saying it expects global GDP to expand by 3.5 per cent this year.

CBC Ottawa | April 17, 2012 | 7:36 pm

Harry Winston reports a 19% increase in production at its Diavik mine

Luxury jeweler and watchmaker Harry Winston Diamond Corp said today that production at its Diavik mine in Canada's Northwest Territories was up about 19% in the first quarter on improved grades.

Cecilia Jamasmie | April 17, 2012 | 1:38 pm

Peregrine discovers two kimberlites at Lac de Gras

Peregrine Diamonds Ltd. has discovered two kimberlites in the Lac de Gras region of Canada's Northwest Territories.

Marketwire | April 17, 2012 | 6:15 am

Zimbabwe tries to woo back explorers

Zimbabwe, whose government in January hiked exploration fees by up to 8,000% in a bid to curb speculative holding of mining titles, is ordering over 100 exploration companies to resubmit applications.

Andrew Topf | April 17, 2012 | 4:58 am

First

Last

China’s Fosun sweetens offer for Gemfields

Alrosa finds 62.75-carat diamond at prolific Jubilee pipe

De Beers sends world’s top diamond-searching ship to explore off coast of Namibia

Gemfields beats own ruby sales record at Singapore auction

China’s Fosun spices up battle for Gemfields with 10% bid premium

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