Gemstone producer and developer, Richland Resources (formerly TanzaniteOne) said its revenues for the first half of the year 2012 fell 19 percent to $8.4 million compared to $10.4 million in the previous corresponding period.

Zimbabwe Prime Minister Morgan Tsvangirai's MDC party says it will renegotiate all transactions agreed upon between the ruling ZANU PF party and foreign investors such as China, particularly on controversial issues like the Marange diamond fields, repo...

With diamond jewelry demand booming in India, the phenomenal rise of domestic consumption has somewhat compensated for the decline in diamond jewelry demand in the traditional markets, especially the United States.

Diamond-jewelry manufacturers in Gujarat say they are increasing their focus on platinum given that frequent price fluctuations in gold and silver are driving India's jewelry consumers to turn toward platinum-based jewelry.

The Surat Rough Diamond Sourcing India Limited (SRDSIL), a consortium formed in August 2010 by more than 1,500 diamantaires to directly source rough diamonds, says it will be selling US$5.2 million worth of rough diamonds directly sourced from Russian...

U.S. specialty retail department store Neiman Marcus has announced that beginning this week ten of its stores will carry three Forevermark Collections created exclusively for Neiman Marcus as part of the U.S. launch of De Beers' Forevermark diamond...

Israeli diamond-exploration company Shefa Yamim will merge itself with the publicly listed Israel-based real estate company Aloni Meitar in a reverse takeover. This has become apparent from a formal notification submitted to the Tel Aviv Stock Exchange...

Russian diamond conglomerate Alrosa may make an initial public offering (IPO) in late 2012 or early 2013, Russian media sources report, citing the company's CFO and Vice President, Igor Kulichik. Alrosa management is currently holding talks with it...

Israel's diamond industry has continued to show growth during the third quarter of 2011, according to figures published by the Ministry of Industry, Trade and Labor's Diamond Controller Shmuel Mordechai. The figures show double-digit growth in ...

Shear Diamonds Ltd. (TSX VENTURE:SRM) today announces the recovery of the first 200 carats of diamonds from trial tests performed in the recently restarted recovery portion of Shear’s 100% owned Jericho Diamond Mine, Nunavut. In addition Shear has completed a new geological interpretation and 3- D Model for the Jericho Kimberlite Complex.

Mbada Mines (Pvt) Ltd, which operates in Zimbabwe's Marange diamond area, is producing more than 150,000 carats a month, surpassing Rio Tinto's Murowa mine as the country's largest diamond producer, according to the firm's chairman, Robert Mhlanga. Rio Tinto's Murowa diamond mine produced 178,000 carats in 2010 and 125,000 in the first half of 2011.

Canadian development company Debut Diamonds Inc reports that Tundra Airborne Surveys Ltd. has mobilized to commence a high-sensitivity/high-resolution airborne magnetic survey over its 229 square kilometer claim block immediately to the north and west of