DODAQ: First Online Cash Market for Certified Polished Diamonds

Are you in the diamond trade, or is diamond trading in you? If you’ve pondered this question, then you should check out the DODAQ diamond trading platform.
DiamondNe.ws is delighted to offer you the chance to save money on your initial transaction fees when trading polished diamonds via the DODAQ platform with our exclusive discount. Click on the title to learn more about the benefits of DODAQ and receive a DiamondNe.ws discount code …

Thabex Court Case Relating to Angel Diamonds Postponed

Thabex Limited shareholders are advised that the Case relating to Angel Diamonds (Proprietary) Limited (Case number: CIV/APN/333/2010) in the High Court of Lesotho was to be heard on 30 August 2010. The Case has been postponed to 6 October 2010 in order for the Court to finalise the security for costs by the applicants in [...]

Diamond Production Low but Diamond Prices Encouraging for Namibian Resources Since DIamond Produciton Recommenced

NAMIBIAN RESOURCES Plc has announced its final results for the year ended 28 February 2010.
The year to 28th February 2010 was disappointing as expected due to the cessation of production at Sonnberg following the near collapse of the international diamond market and soaring fuel costs. Our staffing was greatly reduced and care [...]

Shear Minerals Ltd. Closes $13.1 Million Private Placement Offering and Purchase of Jericho Diamond Mine

Shear Minerals Ltd. has successfully closed its marketed private placement equity offering (the “Offering”) and the completion of its purchase of the Jericho diamond mine and related assets in Nunavut (the “Jericho Acquisition”).
The Offering
Under the Offering, 139,451,000 conventional units (“Conventional Units”), each consisting of one common share (a “Common Share”) and one Common Share purchase [...]

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Reports: Robert Mugabe Threatens to Bypass Kimberley Process: “We Can Sell Our Diamonds Our Way”


“We can sell our diamonds our own way,” Zimbabwean President Robert Mugabe told a trade and tourism fare held in Harare, according to local media reports.
“We are trying to play their way, but we could go outside the KP system and do it otherwise,” Mugabe, is reported to have told journalists.
The declaration comes just 2 days after the European Union extended its restrictive measures against Zimbabwe until February 2011.

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