Diamond

August 24, 2011

BHP diamond revenues +12 pct

BHP Billiton, owner of the Ekati diamond mine, reported revenues of $1.01 billion from diamond sales in the fiscal ear ending June 30, 2011, a 12.1 percent increase from the…

August 22, 2011

Namdeb strike leads to legal action, lockouts

Namdeb is initiating legal action against a number of union officials and unionized workers. The step is the latest in a deteriorating battle between the diamond-mining firm and a group…

August 21, 2011

Jewellery makers find creative ways to use less gold

The Business Standard reports with gold prices setting new record highs every alternate day, jewellery makers are adopting various methods to minimise its use in diamond jewellery without compromising look…

August 19, 2011

Zimbabwe gives foreign firms empowerment ultimatum

Zimbabwe's government has given foreign firms, including mines and banks, a 14-day ultimatum to submit "acceptable" plans on how they propose to transfer majority shares to locals or risk losing…

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