ARTICLES RELATING TO DIAMONDS

Positive momentum in rough diamond market

2014-04-14 14:15

There is a continued positive momentum in the rough diamond market and strong demand for Trans Hex's production, the company says.

Zimbabwe's Marange diamond sales peak

2014-04-07 17:14

Diamond exports from Zimbabwe's Marange fields earned $99m at auctions in Belgium and Dubai during the first quarter of 2014.

Zim frets over diamond sector secrecy

2014-03-18 10:34

Mbada Diamonds says it has made $1bn over four years, amid Zimbabwean government fears that it is losing millions because of miners' lack of transparency.

Sotheby's forced to take back $72m diamond

2014-03-04 17:01

Auction house Sotheby's has been forced to buy back a flawless, near-60 carat pink diamond after the buyer defaulted on the record payment.

Billions spent on Valentine's Day

2014-02-13 16:44

A survey reveals that worldwide over $4.4bn was spent on gold, silver and diamonds for Valentine’s Day in 2013, reports the American Retail Federation.

Cullinan finds rare acorn-sized diamond

2014-01-21 15:09

Cullinan mine has discovered a 29.6 carat blue diamond, one of the rarest and most coveted in the world with a possible price tag of tens of millions of dollars.

How to shop for diamond jewellery

2013-11-15 13:30

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

Orange diamond fetches record price

2013-11-13 09:45

A spectacular and rare orange diamond found in South Africa, the largest known gem of its kind, has been auctioned for a record $35.54m in Geneva.

De Beers' Botswana move

2013-10-07 11:59

Botswana has won the battle to keep value and profits from raw materials at home.

Recovery of rough diamonds exceeding 100ct

2013-09-18 15:33

Rockwell Diamonds has announced that it has recovered four large, high valued stones from its operations in the Middle Orange River.

Rare diamond to go under the hammer

2013-08-19 12:26

Auctioneers in Hong Kong are hoping the sale of the 7.59-carat fancy vivid blue diamond will fetch a record $19m, despite fears over the slowing Chinese economy.

Diamond market growing on US recovery

2013-07-26 13:14

De Beers expects the global polished diamond market to grow more than 2% this year, helped by recovering US demand.

DiamondCorp’s loss narrows

2013-05-13 09:38

London and JSE listed DiamondCorp has reported a narrowing in its net loss to £3.5m for the year ended December 2012 from a loss of £4.2m the previous year.

Petra finds rare blue diamond

2013-04-17 10:27

Miner Petra Diamonds says it recovered a high-quality 25.5-carat blue diamond at its Cullinan mine in South Africa, lifting its shares 5% in London.

Diamond cutting and polishing

2013-04-02 09:31

Forevermark Diamantaires are not only chosen for their craftsmanship, but also because of their social and environmental awareness and standards.

The history of diamonds

2013-03-28 12:31

Forevermark's diamond expert Gareth Jones provides us with a brief glimpse into the fascinating history of the world's most timeless and precious stone, the diamond.

Zim diamond trade tops $600m

2013-01-29 19:53

Despite trade sanctions, Zimbabwe sold close to $685m worth of diamonds last year and vows to more than double output this year, a mining official says.

SA drums up support for Zim diamonds

2012-11-28 11:30

SA has urged the international community to support Zimbabwe’s efforts to benefit from its rich diamond resources, saying the country’s status as a major gem producer cannot be ignored.

Zim diamond firms now 'global models'

2012-11-02 09:37

Zimbabwe's diamond firms have upgraded their standards and can be regarded as models for many diamond-producing countries, says its Kimberley Process monitor.

Zimbabwe lowers diamond earnings forecast

2012-10-17 16:57

Zimbabwe has lowered its projected earnings from diamond sales after miners cut production in response to a decline in diamond prices, says the mines minister.

London loses 80-yr grip on diamonds

2012-08-15 09:57

The world's leading producer of diamonds has started rough stone sorting in Botswana, a first step in its transfer from London to Gaborone.

Western envoys tour Zim diamond fields

2012-06-27 10:08

Western diplomats have toured controversial diamond fields in eastern Zimbabwe where rights groups have reported abuses by security forces pushing out illegal panners.

Namdeb banks on new diamond mine

2012-03-29 14:29

Namibia's diamond firm Namdeb says a new onshore mine is expected to produce 45 000 carats a year.

 

Angola to grant De Beers diamond licence

2014-04-11 10:58

Angola, the world's fourth-largest diamond producer by value, will approve a new concession to De Beers to explore for diamonds.

De Beers places bets on Angola mines

2014-03-25 10:19

The world's largest diamond miner by market value hopes to obtain a concession to explore in Angola by the end of this year, says De Beers chief executive.

Diamond miners lament quality of Zim gems

2014-03-09 14:20

Diamond miner Anjin says a fall in the quality of the diamonds at its mine in eastern Zimbabwe is causing financial problems for the company.

Zim plans to auction diamonds

2014-02-24 19:01

The government has resolved to begin auctioning diamonds mined in Chiadzwa in the second half of this year, says Mines Minister Walter Chidhakwa.

Petra bets on blue diamond to boost coffers

2014-01-23 10:21

Petra Diamonds has posted a 19% rise in first-half revenue, lifted by output from South Africa and is betting on its blue diamond find, also in SA, to boost second-half revenue.

How to shop for diamond jewellery

2013-11-21 17:00

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

How to shop for diamond jewellery

2013-11-14 14:33

Never shopped for a diamond ring or bracelet before? Here's what you need to know.

Investing in diamonds more popular

2013-11-05 18:58

Globally there is a growing interest in investing in diamonds, according to Yair Shimansky, designer and manufacturer of diamond and tanzanite jewellery.

Mine sparkles after monster diamond finds

2013-09-19 20:28

The share price of Rockwell Diamonds has surged nearly 70%, after four large gems weighing more than 100 carats each were uncovered.

Belgian push to lift Zim diamond sanctions

2013-09-06 11:15

Belgium, centre of the global diamond trade, is demanding that the EU lift sanctions on a Zimbabwean miner despite concerns over alleged fraud in the July poll.

Gem Diamonds' profit falls

2013-08-15 10:02

Gem Diamonds has reported a fall in first-half profit as lower production and recovery of lower-grade ore at a key mine weighed on earnings.

Gem Diamonds cuts production forecast

2013-07-29 12:30

Gem Diamonds says it has recovered 26% fewer carats in the first half and cut its full-year production forecast for its key Letseng mine in Lesotho.

Shabangu: Most diamonds conflict free

2013-06-04 16:08

More than 99% of diamonds traded globally are conflict-free, says Mineral Resources Minister Susan Shabangu.

Diamond tracking and tracing

2013-04-02 10:08

In order for diamonds to eligible to be inscribed, a tracking and tracing system is employed to ensure that the diamonds are easily identifiable to a particular brand.

Diamond mining

2013-03-28 14:39

The best diamonds need to come from a mine that's considered eligible. Here's how the criteria for the perfect diamond mining company is determined.

Zim's Biti appeals for diamond money

2013-03-11 19:39

Zimbabwe's finance minister says he will ask President Robert Mugabe to put pressure on diamond mining companies to fork out millions in aid of vote funding.

World Bank: Zim has huge diamond hoard

2012-12-13 09:32

The World Bank reckons the Zimbabwean government has diamond stockpiles of up to $5bn accumulated before last year's Kimberly Process certification.

Arab billionaires target Zim gems - report

2012-11-26 11:45

Middle Eastern and Asian billionaires have given strong indications that they intend to invest in Zimbabwe's diamond sector, following projections of massive unexploited diamond reserves.

Diamond miners strike in Cullinan

2012-10-18 08:28

Workers at one of SA's oldest diamond mines - the Petra mine near Cullinan - have embarked on an illegal strike demanding a salary of R12 500.

Zimbabwe lowers diamond earnings forecast

2012-10-17 16:54

Zimbabwe has lowered its projected earnings from diamond sales after miners cut production in response to a decline in diamond prices, says the mines minister.

De Beers earnings halve

2012-07-20 08:27

De Beers, the world’s largest diamond producer by value, says earnings halved in the first six months of the year amid tough trading conditions.

Volatile diamond prices 'not forever'

2012-06-21 08:22

A weakening Indian rupee is likely to contribute to volatility in 2012 rough diamond prices but longer-term prospects are bright, the Gem Diamonds CEO says.

'Take care with blood diamonds definition'

2012-06-05 11:42

Mineral Resources Minister Susan Shabangu has urged caution over the definition of conflict diamonds, as this could affect the livelihood of millions.

 
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