February 10, 2012 DiamondCorp walks away from its Botswana kimberlite project DiamondCorp (LON:DCP), the African diamond mine development and exploration company, will not proceed with further exploration in Botswana due to the recovery of low grades in the area, announced the…
February 9, 2012 Jewellers resume buying gold, diamonds as rupee rise pauses The 6,000-odd registered jewellers in the country seem to have again started booking raw material, believing the recent sharp recovery in the rupee's exchange rate is over for now and…
February 9, 2012 Rio Tinto diamond sales rose 7% to $727 million Rio Tinto reported that its diamond sales rose 7 percent year on year to $727 million in 2011. The increase came as rough prices improved 24 percent during the year…
February 9, 2012 Antwerp plans to defend its diamond supremacy Reuters/Antwerp, Belgium Antwerps diamond industry unveiled plans yesterday for the worlds first large-scale electronic diamond market, as part of a plan to preserve and even extend its dominance of the…
February 9, 2012 Cornerstone and Intrepid report results for phase 2 diamond drilling at the Gama Prospect in Ecuador and provide update on current exploration program Cornerstone Capital Resources Inc. and Intrepid Mines Limited announced that they have completed and received all assay results for the Phase 2 diamond drilling program on the Gama prospect, located…
February 9, 2012 BHP boss hints at complete exit from diamonds BHP Billiton may shelve diamond mining for at least two decades to concentrate on larger aspects of its business, CEO Marius Kloppers said today.
February 9, 2012 Nova Mining Corp launches new website about its diamond mine Nova Mining Corp. (OTCQB:NVMN) announced it has launched a new website following progress at its diamond mine.
February 7, 2012 1.5 million carats on the block at Zimbabwe diamond auction Up to 1.5 million carats worth of diamonds are being auctioned this week by companies allowed to mine the controversial Marange diamond fields in Zimbabwe.
February 6, 2012 Zimbabwe mining fees up 5,000 per cent The Zimbabwe Government has raised mining and licence fees by between 500 and 5,000 per cent, according to state-controlled local media the Sunday Mail.
February 5, 2012 South Africa is looking at mining super-tax, ‘targeted intervention’ in platinum sector South Africa's ruling party, the African National Congress, appears to be moving away from nationalization of the mining industry to reassure foreign investors but is considering new taxes and "targeted…
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