May 15, 2012

Trans Hex to return to profit as production grows

Diamond miner Trans Hex said on Tuesday it expected a net profit of about R208-million for the twelve months ended March, compared with a loss of R45.1-million the previous year.

May 15, 2012

Lucara Diamond Corp. reports first quarter results

Lucara Diamond Corp. (TSX:LUC,NASDAQ:LUC) announced production results for the quarter ended March 2012.

May 15, 2012

Zimbabwe Government: No going back on mining fees

The government of Zimbabwe said the new mining licence fees gazetted in January will not be reversed despite calls by the mining industry for the levies to be reduced.

May 15, 2012

Panel discussion at JCK to address ‘Diamonds for Good’ in Africa

Millennial-age consumers—the generation comprising the primary bridal jewelry market—are both far more conscious of social responsibility than previous generations, and far more demanding that the companies they do business with…

May 15, 2012

Renowned diamonds add sparkle to Queen’s jubilee celebrations

Photographers were allowed to look today at some of the most famous diamonds in the world to go on public display at the end of June, as part of the…

May 15, 2012

Diamond prices seen up in 2012 on sparkling demand

Prices of rough diamonds are expected to rise this year after a turbulent 2011, driven by recovering consumer demand in the United States and a robust appetite for the gems…

May 14, 2012

Firestone Diamonds recovered three large rocks at Lesotho mine

Junior miner Firestone Diamonds announced today it has found three large diamonds at its Liqhobong mine in Lesotho and that first quarter production at the location was looking up.

May 14, 2012

Kimberley Process executive calls to redefine concept of conflict diamond

Kimberley Process leader Gillian Milovanovic has proposed a new definition of conflict diamonds to include acts of violence during his presentation at the opening of the 8th World Diamond Council…

May 10, 2012

The commodity megatrend

Commodities have experienced a renaissance after the bursting of the internet bubble at the end of the 20thcentury. The new and long-term upward trend began with most commodities in late…

May 8, 2012

‘Martian Pink’ diamond expected to fetch more than $8 million

"Martian Pink," the biggest pink diamond ever to appear at an auction, is expected to fetch more than $8 million dollars when it is sold at Christie's Magnificent Jewels Spring…