DIAMONDS AND GEMS

KIMBERLEY PROCESS COMPLIANCE AN ISSUE

Diamond bourses warned not to buy diamonds from Venezuela

Friday , 27 Jun 2008
Diamond bourse members will risk exclusion if they trade in Venezuelan diamonds.
ADDITIONAL FUNDING

DRC diamond miner MIBA close to signing finance deal to rebuild infrastructure

Friday , 20 Jun 2008
Ravaged by a corrupt former government regime and civil war, DRC state diamond miner Compagnie Miniere de Bakwanga (MIBA) is at last taking moves to rebuild infrastructure with a view to returning to large scale mining.
INDIA WORRIES ABOUT FAKE CERTIFICATES

Venezuela voluntarily withdraws from the Kimberley Process

Friday , 20 Jun 2008
Seven human rights NGOs have successfully pressured Venezuela to withdraw from Kimberley Process diamond certification scheme.
PRODUCTION MILESTONE

Petra's Kono diamond project produces its first 1,000 carats

Thursday , 19 Jun 2008
The Kono project, a JV in Sierra Leone between Stellar Diamonds Ltd (49%) and Petra Diamonds Ltd (51%), passed a ‘significant milestone’ when it recovered 1,049 carats (12,132 diamonds) from trial mining.
CAN EARN 60 PERCENT INTEREST

Rio Tinto joins DRC diamond hunt

Thursday , 12 Jun 2008
Rio Tinto is to become involved in searching for diamonds in the northern DRC through an agreement with Toronto and JSE quoted BRC DiamondCore.
CONFLICT DIAMOND MONITORING

NGOS demand Venezuelan expulsion from Kimberley Process

Monday , 09 Jun 2008
NGOs claim that Venezuela “is making a mockery” of the Kimberley Process Certification for diamonds, calling yet again for that country’s expulsion from the system.
PK5 PLEASES, SILVERSTREAMS SHINES

Big stones recovered as BRC Diamond Core achieves $2.5 million tender sale

Tuesday , 03 Jun 2008
Still at the sampling/trial mining stage at its Silverstreams and PK5 projects in South Africa, BRC Diamond Core is already achieving some very promising tender sales of diamonds recovered.
NEW BOTSWANA MINE

Botswana diamond project ready for production, first sales slated for July

Thursday , 29 May 2008
Botswana's first diamond mine that is independent of the government and De Beers will come on stream in June, with the first gem sales scheduled for July.
POISED FOR SUSTAINABLE GROWTH

Trans Hex tackling diamond challenges in Angola

Wednesday , 28 May 2008
The company expects work on its South African operations to pay off in the next six months, while it is solving problems at Angolan operations.
DRC POTENTIAL FOR “EXPLOSIVE GROWTH”

BRCDiamondCore lifts its skirt

Friday , 23 May 2008
BRCDiamondCore reveals its gem finds and progress made in SA and the DRC after its merger. The company expects to start full scale mining at its Silverstreams alluvial project on the bank of the Orange River in South Africa, in the fourth quarter of this year.
BRICKBAT OR BOUQUET - WHAT'S ARCHANGEL DIAMOND WORTH?

Archangel Diamond traps itself in mine valuation

Monday , 19 May 2008
Announcement from ADC suggests there is more value in the Grib pipe than De Beers report calculates.
REVALUING NEW RUSSIAN DIAMOND MINE

Archangel diamond mine hinges on girls and Igor Sechin

Friday , 16 May 2008
De Beers report heightens geotechnical and political challenges in Archangel diamond mining project.
VERY HIGH PER CARAT PRICES

Petra gets the diamond ball rolling in Africa

Tuesday , 13 May 2008
Petra Diamonds is looking forward to production from the "transitional" Cullinan mine and has gained larger stakes in its Angolan prospects. The company says the diamond market is strong as it is achieving record prices at its Koffiefontein hard rock mine.
MINEWEB PROFILE

Marine mining for diamonds, precious and base metals a new direction for Robert Goodden

Sunday , 27 Apr 2008
Namdeb and Nautilus Minerals are just two companies which may benefit from technology developed by Robert Goodden for offshore minerals mining.
DECIDING ON SALES STRATEGY

MIBA's diamond sale will auction 300,000 carats

Sunday , 27 Apr 2008
The DRC's state diamond company will hold its first diamond auction since the end of its sales agreement with an Israeli subsidiary of DGI Group.
DE BEERS PLAYS BLIND MAN'S BUFF

Archangel diamond deal faces Kremlin equity review before closing

Thursday , 17 Apr 2008
New Russian diamond mine is bigger and better.
PUTIN BLESSES OPPENHEIMER'S SECOND CHANCE IN RUSSIA

Russian raiders bury hatchet with De Beers over Archangel Diamond - but who will wield the shovel?

Wednesday , 16 Apr 2008
LUKoil ends raid against Archangel Diamond’s Russian project, opening up new mine possibility.
I HAD A FARM-IN IN AFRICA

Alrosa renews bid for African mine concessions

Saturday , 05 Apr 2008
Underground mine costs are pushing Alrosa towards diamond prospects in southwestern Africa.
65 ARTISINAL MINERS PERISH

Mining at flooded Tanzanian mine disaster site could resume in three days

Wednesday , 02 Apr 2008
While efforts are still underway to recover the bodies of the 65 miners who perished in Tanzanian flood, the country’s President Jakaya Kikwete has ordered that mining should resume in the next three days.
FEW SAFETY PRECAUTIONS TAKEN

Despite rescue efforts, hope fades for 65 trapped Tanzanian miners

Monday , 31 Mar 2008
Heavy rains that pounded Tanzania last week have trapped 65 small-scale miners underground while 19 others have been confirmed dead. Mining of the semi-precious tanzanite stone has been suspended.
35 RESCUED

Tanzanian flood may have claimed lives of 65 tanzanite miners

Sunday , 30 Mar 2008
The government, volunteers and engineers are desperately trying to drain the waters which trapped 100 tanzanite miners in the northern town of Mererani, Tanzania. Thus far, only 35 miners have been rescued.
ANALYSIS

Diamantaires' internal speculation could result in significant financial loss

Wednesday , 12 Mar 2008
Record diamond demand has sparked internal diamond industry speculation that could result in significant financial loss.
‘IT’S TOUGH TO FIND DIAMONDS’

Miners discover a diamond paradise in Canada’s frozen far north

Wednesday , 12 Mar 2008
The historic days of the Klondike gold rush have now been supplanted by the great diamond boom in Canada’s far north.
REUTERS SUMMIT

De Beers official says marketing move to Botswana is significant

Tuesday , 11 Mar 2008
The chief executive of De Beers Botswama Tuesday said the company’s increased focus on Botswana allows the country to gain a lucrative financial slice of downstream diamond cutting and marketing activities.
FETCHING HIGH PRICES

RBC's preferred diamond stocks

Tuesday , 11 Mar 2008
RBC analyst Des Kilalea says Petra Diamonds and Rockwell Diamonds are set to outperform.
119 CARATS PER 100 TONS

Size and location matter for Firestone in Botswana's diamond hunt

Wednesday , 05 Mar 2008
Firestone Diamond plc says its Tsabong kimberlite field in Botswana has the potential to be one of the biggest diamond finds in 25 years.
Resistance from Diamond Companies

SA State Diamond Trader set up to supply entrepreneurs

Friday , 29 Feb 2008
The SA State Diamond Trader has been set up to give emerging entrepeneurs access to rough diamonds for local beneficiation.
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TOP STORIES

RUSSIA’S RICHEST MAN FACES LONDON TRIAL

Rusal’s Oleg Deripaska loses battle to stay out of the High Court

Thursday , 03 Jul 2008
High Court’s Lord Clarke grants Mikhail Chernoy UK jurisdiction to pursue his share of Rusal.
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