ARTICLES RELATING TO DIAMONDS

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.

Zim: Israeli pilot nabbed with $2m diamonds

2012-03-22 15:01

An Israeli pilot who reportedly sneaked into Zimbabwe masquerading as a South African Airways crew member has been arrested in Harare while trying to smuggle diamonds worth $2m, a report says.

Revenue crunch may shut Zimbabwe govt

2012-03-14 16:57

Zimbabwe's Finance Minister, Tendai Biti, says the government may face a shutdown because of a lack of funds from the diamond industry.

Dirty deals dog Zimbabwe diamond fields

2012-03-04 12:31

Diamonds are seen as key to turning around Zimbabwe's spectacular economic collapse, but the black market endures and activists say illicit networks are vast.

Anglo shareholders back De Beers deal

2012-01-06 13:58

Shareholders in Anglo American have given the nod to its $5.1bn acquisition of a further stake in De Beers, taking it a step closer to control of the diamond giant.

Sarb to manage Anglo/De Beers inflows

2011-11-10 17:03

The Reserve Bank says it will manage inflows related to the $5.1bn deal between Anglo American and De Beers to mitigate any impact on the rand.

State-owned Alexkor posts profit

2011-09-19 16:29

State-owned diamond miner Alexkor has reported its first gross operating profit in five years.

Num to strike at De Beers

2011-07-20 14:31

The National Union of Mineworkers says it is to go on strike at De Beers in support of its demand for a 15% wage increase.

Diamond prices bounce back 40%

2011-07-08 09:40

Diamond prices are now above pre-crisis levels after a 35% to 40% rise so far this year, says the executive director of De Beers.

Charles Taylor trial set to close

2011-03-11 11:42

Liberian ex-president Charles Taylor, on trial over claims he armed murderous rebels who paid him in blood diamonds, is set to adjourn so the judges can consider their verdict.

Celebrities shun Botswana diamonds

2010-11-04 07:33

A group of celebrities is boycotting diamonds from Botswana to protest the government’s treatment of the Kalahari Bushmen, a rights group says.

Diamond industry under microscope

2010-08-25 13:12

The diamond industry, under scrutiny after Naomi Campbell's war crimes testimony and a crisis in Zimbabwe, must take decisive measures to avoid a return of conflict diamonds.

 

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.

EU approves Anglo takeover of De Beers

2012-03-07 09:11

The European Commission has given global miner Anglo American the green light to take control of De Beers, the world's biggest diamond company.

De Beers ups profit on record sales

2012-02-10 10:22

De Beers has reported a 21% rise in 2011 earnings but a dip in annual production and says it expects to continue to rein in output growth in 2012.

Key NGO pulls out of blood diamond scheme

2011-12-05 14:19

Lobby group Global Witness says the Kimberley Process, meant to monitor diamonds produced in conflict areas, has failed.

De Beers, Zim diamond feud gets bloody

2011-11-13 11:28

Leading diamond firm De Beers says it left its operations in Zimbabwe because it discovered that the diamond deposits did not meet the company’s expectations.

De Beers: Rough diamond demand to soar

2011-09-19 08:20

Diamond producer De Beers expects global demand growth for rough diamonds to set a new record this year on strong US performance, the company says.

Num to 'rock the diamond industry'

2011-07-22 09:12

Mineworkers at De Beers will embark on a strike that will "rock the diamond industry", says the National Union of Mineworkers.

Wage talks to start in diamond sector

2011-07-20 09:43

The National Union of Mineworkers says discussions about salary increases with the world's largest diamond producer De Beers will get under way soon.

Watchdog divided on Zim diamond deal

2011-06-24 12:31

The group monitoring so-called blood diamonds has allowed Harare to sell stones from its controversial Marange field - but some disagree with the move.

185-carat diamond find in Lesotho

2010-11-02 16:30

Miners in the kingdom of Lesotho say they have found a 185-carat white diamond.

Zim forges ahead with diamond sales

2010-07-13 17:38

Zimbabwe's President Robert Mugabe has vowed that the country will go ahead with diamond sales that were banned because of rights violations at its largest mines.

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