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DIAMONDS AND GEMS
Petra Diamonds restarts output at Tanzania mine
Friday , 04 May 2012London-based Petra Diamonds has restarted production at its Williamson mine in Tanzania after two years spent rehabilitating the surface area.
Rio Tinto, Harry Winston on track for 24% boost to Diavik diamond production
Wednesday , 18 Apr 2012Harry Winston outlined stronger quarterly diamond production at the Diavik mine in the Northwest Territories as Rio Tinto continues to review ownership options.
KKR reportedly considering BHP, Rio diamond asset purchase
Monday , 16 Apr 2012According to the Sunday Times, the private equity giant is working on a deal to buy an merge BHP Billiton and Rio Tinto's diamonds assets
KKR reported to be after BHP and Rio diamond mines
Monday , 16 Apr 2012Reports from London suggest that U.S. buyout group KKR may be trying to become the world's third largest miner of diamonds through buying up the diamond interests of both BHP and Rio Tinto.
South Africa's regulators greenlight Anglo/De Beers deal
Wednesday , 11 Apr 2012The country's competition authority said Wednesday it had unconditionally approved Anglo American's $5.1 billion takeover of diamond giant De Beers from the Oppenheimer family.
Harry Winston on the prowl for Canadian mining opportunities
Friday , 06 Apr 2012The Jeweller, that owns the other 40% of Rio Tinto's Diavik mine in Canada and has confirmed it has first right of refusal on the rest of the asset should Rio sell, is looking for new mining opportunities.
Indian traders worried about Rio Tinto diamond asset sale
Friday , 06 Apr 2012China could well topple India's monopoly in the diamond cutting and polishing business, if a Chinese company buys out Rio Tinto's Argyle diamond mine in Australia, fear Indian traders.
Harry Winston profit up 17%, awaits Diavik diamond report
Thursday , 05 Apr 2012The company reported a 17% jump in quarterly profit and chose not to release a full life-of-mine plan for the Diavik diamond project after its partner Rio Tinto said it was considering a sale of its diamond assets.
Demand for rough diamonds set to boom
Tuesday , 03 Apr 2012The market for rough stones is expected to expand further in 2012, buyers say, driven primarily by growth in China and India.
India's import duty stifles diamond "round tripping"
Tuesday , 27 Mar 2012Duties on polished diamond imports have curtailed the repeated export and import of polished diamonds leading to a sharp decline in exports, a healthy sign government says
Rio Tinto reviewing diamond business, would consider sale
Tuesday , 27 Mar 2012The miner says the group has a high-quality dimond business but, " given its scale it is considering whether more value could be created through a different ownership structure
Chinese-run diamond miner ups wages to end Marange strike
Monday , 26 Mar 2012Chinese-run Anjin Investments, the biggest miner operating in Zimbabwe's controversial Marange diamond fields, agreed to a 25% wage hike to end a two-day strike by workers.
Harry Winston among suitors circling BHP's Ekati stake
Thursday , 15 Mar 2012A source familiar with the matter says Harry Winston is one of several potential suitors circling BHP Billiton's majority stake in the Ekati diamond mine in Canada.
Zimbabwe ministers disagree on indigenisation, Zimplats and missing diamond mine millions
Thursday , 01 Mar 2012Tsvangirai: "There is no grabbing, there is no nationalisation", but Kasukuwere seems to have a different scenario in mind, particularly with respect to Impala's Zimbabwe platinum mining unit.
Africa-focused Petra Diamonds sees H1 loss
Tuesday , 28 Feb 2012Petra's first half earnings fell as unrealised foreign exchange losses wiped out improved revenues earned from a jump in production.
TOP STORIES
Extorre looks to high-grade open pits to fund Cerro Moro development
Wednesday , 16 May 2012Extorre Gold Mines looks for ways to minimize dilution as it advances its Cerro Moro project in Argentina closer to possible financing.
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