July 29, 2011 Namibia chamber warns over new tax Namibia's Chamber of Mines wants the government to reconsider plans to impose a further 17% tax on exploration and mining firms in the southern African producer of diamonds and uranium,…
July 29, 2011 Anglo American CEO interviewed on half-year results Anglo American, one of the world's largest miners, today reported strong first half growth with operating profit ahead 40% to $6bn. Chief Executive Cynthia Carroll said that investments made during…
July 29, 2011 Africa: ‘Blood Diamond’ regulation system broken The recent regulatory approval of Zimbabwean diamonds for sale reveals deep flaws in the system, writes Khadija Sharife.
July 29, 2011 Mumbai diamond broker succumbs to blast injuries Vallabhai Gadhia, a 48-year-old diamond broker, died at Mumbai’s Saifee Hospital as a result of complications arising from injuries he sustained in the bomb blast on July 13 at the…
July 28, 2011 Fairfax Market Report including Medusa Mining, Frontier Mining and Firestone Diamonds Economic News Japan – Retail sales rose in June beating all forecasts adding to signs that the economy is recovering from the dip on the back of the earthquake. Figures…
July 27, 2011 Fear beginning to replace greed as mining boom gets long in the tooth Despite a flurry of mergers and acquisitions and a robust IPO market reports out on Wednesday suggest that fear is slowly replacing greed in the mining finance business. The Financial…
July 27, 2011 De Beers ‘a little fish’ The National Union of Mineworkers (Num) vowed on Wednesday to "cut De Beers to size" for refusing to accede to its 15 percent salary increase demand. "De Beers is a…
July 27, 2011 Surat diamond traders campaign for more flights to the city Surat diamond trading houses and safe deposit vaults will closed for one day on Friday (July 29) in a campaign to increase air travel to the city, the Surat Diamond…
July 27, 2011 Zimbabwes 1H Diamond Production Exceeds 2M Cts Zimbabwe’s diamond production reached 2.329 million carats in the first half of 2011 with the bulk coming from the controversial Marange fields, Finance Minister Tendai Biti reported to Parliament on…
July 27, 2011 De Beers plans to expand in China De Beers, the world's largest diamond producer, announced Tuesday that it will further expand its retail outlets in China, the Wall Street Journal reported.
