Eurostar Diamond Traders Wins RJC Certification

A diamond cutter at work (illustrative) Eurostar Diamond Traders NV, the Belgian diamond cutting and polishing manufacturer, has achieved certification meeting the Responsible Jewellery Council’s ethical, human rights, social and environmental standa...

Israeli Diamond | October 23, 2011 | 2:06 pm

Diamond Giant De Beers Wins Top Sustainability Reporting Award

Diamond giant De Beers offices For the second year running, De Beers has been declared the Overall Winner in the ACCA South Africa Sustainability Reporting Awards for its Report to Society 2010, marking the fourth consecutive year that the Report to...

Israeli Diamond | October 23, 2011 | 2:06 pm

Antwerp Sees Net Polished Diamond Overhang of Nearly $500K in August

Gross polished diamond exports stood at $528 million Antwerp's traders created a half billion dollar overhang in August after their exports were slashed to 40% of their usual levels, based on figures released last week by the Antwerp World Diamond

Israeli Diamond | October 2, 2011 | 12:26 pm

Forevermark Diamond Jewelry Brand Expects $300M in Revenue in 2011

The Forevermark diamond jewelry brand launched in India in January 2011 De Beers’ Forevermark diamond jewelry brand expects revenue to reach $300 million in 2011, compared to $250 million in 2010, the Business Standard reports. Forevermark launched in

Israeli Diamond | October 2, 2011 | 12:26 pm

Antwerp Diamond Manufacturer Yaelstar Earns RJC Certification

Yaelstar cuts and polishes diamonds (illustrative photo) Yaelstar Bvba, the Antwerp-based diamond cutting and polishing manufacturer, has achieved certification meeting the Responsible Jewellery Council’s ethical, human rights, social and environmental

Israeli Diamond | October 2, 2011 | 12:26 pm

Debut Diamonds Approved for Listing on Canadian National Stock Exchange

Debut Diamonds owns a number of diamond explorations projects in Ontario Debut Diamonds Inc. has been notified by the Canadian National Stock Exchange that its application for listing has been approved. The diamond company’s shares will trade under the

Israeli Diamond | October 2, 2011 | 12:26 pm

Endiama head: $150m invested in diamond prospecting in past 6 years

Over the past six years, Endiama – a joint diamond production venture between De Beers and the Angolan government – has invested $150 million in prospecting for diamonds in Angola’s Lunda Norte Province, Endiama administrator Pedro Lago de Carvalho told the ANGOP news agency during the recent Luanda International Mining Fair (FIMA).

Israeli Diamond | September 25, 2011 | 1:35 pm

Diamond miners in Zimbabwe to set up independent power line

The companies in question mine diamonds in the Chiadzwa region (illustrative photo) A number of diamond mining companies operating in Zimbabwe intend to set up their own power line after a series of power outages have affected operations, the News 24

Israeli Diamond | September 12, 2011 | 12:47 pm

Alrosa’s diamond sales for first half total $2.2 billion

Russia's government-owned diamond producer is reporting sales of rough and polished diamonds of $2.2 billion for the first half of 2011.

Israeli Diamond | August 28, 2011 | 9:36 am

Lucara Diamond to Start Trading on Toronto Stock Exchange

Rough diamonds (illustrative) Lucara Diamond Corp. will begin trading on the Toronto Stock Exchange as of the market opening on August 29, 2011, under its current trading symbol, LUC, the company announced on Thursday. The diamond company's shares were

Israeli Diamond | August 28, 2011 | 9:36 am

Diamondcorp’s Lace mine sampling exceeds expectations

Diamondcorp CEO says increased per-carat value could drop break-even grade - making Lace Diamond Mine a bigger cash generator than expected. According to miningmx.com, the South African Diamond Exchange has valued the first 561 carats of diamonds out of the 759 carats recovered from 5,515 tons of kimberlite at $205/carat – 71% higher than the company's base case of $120/carat.

Israeli Diamond | August 7, 2011 | 12:45 pm

Firestone Diamonds raises finances for mine development

Mining and exploration company Firestone Diamonds has announced a financing plan that will raise £13.5 million and provide updated development plans for its diamond mining and evaluation projects in Lesotho and Botswana.

Israeli Diamond | July 31, 2011 | 4:36 pm

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