MINING.COM

Why are Rio and BHP killing off their diamond divisions when demand is forecast to double by 2020?

The profit margin for diamonds is a far cry from 70% enjoyed by the mining giants' iron ore divisions.

Frik Els | April 3, 2012 | 2:21 pm

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MINING.com Editor | April 3, 2012 | 12:30 pm

Miners have fun on April Fools

There were news reports on April 1 about a Charlize Theron sex tape and WestJet kid-free flights that all turned out—unfortunately—not to be true.

Michael Allan McCrae | April 3, 2012 | 5:32 am

Rapaport’s small diamond index up 14%

Record high prices were achieved in specific categories, with strong demand from US and Indian buyers supporting sales

MINING.com Editor | April 2, 2012 | 10:00 am

Anglo-American building new Namibia diamond mine

Namdeb, which plans to produce 600,000 carats in 2012, expects the new mine to produce 45,000 carats a year.

MINING.com Editor | April 1, 2012 | 6:57 pm

The Oppenheimers and De Beers are no more. Here’s a 30-year old article that predicted the cartel’s undoing

"An unruly market may undo the work of a giant cartel and of an inspired, decades-long ad campaign."

Frik Els | March 29, 2012 | 7:08 pm

World’s largest money manager losing confidence in BHP Billiton

"They need to clearly indicate to the market what their strategy around Olympic Dam is, around shale gas, all of these things, to return confidence that they're not spending huge amounts of capex for very low returns."

Frik Els | March 29, 2012 | 1:00 pm

India’s import duty stifles diamond “round tripping”

India's polished diamond trade saw a sharp decline in February following the imposition of a2% import duty by the Indian government on polished diamond imports on January 17, 2012.

Mineweb | March 27, 2012 | 3:38 pm

Rio diamond mines may be on the block

London-based diversified miner Rio Tinto (LON:RIO) is taking a page out of BHP Billiton's playbook and is looking at selling some or all of its diamond mines.

Andrew Topf | March 27, 2012 | 5:09 am

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Anjin employees still waiting for termination benefits

Diamond ring bought for £10 now worth thousands

Heart-shaped diamond breaks record

De Beers taps into polished diamonds market with first-time auction

UN troops to tackle violence at Central African Republic diamond mining hub

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