June 26, 2012

Scio Diamond – S3532 Technology produces big in first full production run

Scio Diamond Technology announced today that the first full production run using the company's S3532 technology on five diamond growing reactors was extremely successful. The five growers ran an average…

June 26, 2012

Chinese diamond mogul funding Mugabe’s military: report

A Chinese magnate, benefiting from his access to diamonds in Zimbabwe, is reported to have ploughed $100 million into the country’s Central Intelligence Organisation to fund covert operations against Mugabe's…

June 26, 2012

Consumers concerned with the ethical dilemma of supporting the diamond trade turn to Cubic Zirconia dealer Birkat Elyon

Birkat Elyon, celebrated high-end cubic zirconia jewelry manufacturer, reports an increase in cz sales from consumers concerned with the supporting the diamond trade.

June 25, 2012

Dr Caterpillar’s chart says the global economy is going to get much sicker. And soon

But management of the equipment behemoth has stuck to their forecasts for a record-breaking year.

June 25, 2012

South Africa to up the rent because nationalisation would break the bank

The African National Congress has proposed a tax to raise R40 billion: the Resource Rent Tax would take 50% of a mining company's profits that exceed 15% return on their…

June 24, 2012

Rio Tinto appoints new MD of the Argyle diamond mine

Rio Tinto Diamonds appointed Kim Truter as managing director of the Argyle Diamond Mine in Western Australia, effective from July 1.

June 23, 2012

Rio Tinto promotes innovation and expansion in the diamond jewellery industry

As premier sponsor of the Jewellery News Asia (JNA) Awards, Rio Tinto congratulated the shortlisted finalists announced at a press conference in Hong Kong last Thursday.

June 21, 2012

Alrosa’s board talks about the future

The company's supervisory board, which met in the wake of Russia's announcement to sell its in 51% stake in Alrosa, outlined intentions to reduce open-pit mining, increase diamond reserves to…

June 21, 2012

Vaaldiam Mining announces results of shareholder meeting

Vaaldiam Mining today announced that it has received shareholder approval of the previously announced plan of arrangement to be acquired by a Cayman Island company BCKP.

June 19, 2012

Zimbabwe confirms army ownership of diamond mine

Zimbabwe’s Deputy Mines Minister, Gift Chimanikire, confirmed an army-owned company owns 40% of Anjin, one of the most lucrative diamond concessions in the country.