Tres-Or Resources Ltd. (Tres-Or) reports on a preliminary microprobe evaluation of the Guigues Kimberlite near Notre Dame du Nord, Quebec. Microprobe analyses from kimberlite indicator minerals (KIMs) recovered from three reverse circulation (RC) drill holes completed at the Guigues pipe have returned eclogite garnets comparable to most inclusions in diamond. These eclogite garnets with diamond [...]
Africa
Liberian Presidential Task Force on Diamonds Examining how to Implement Recommendations from Kimberley Process Review Mission Report
pLiberias Presidential Task Force on Diamonds has decided to intensify its work and to examine how to implement recommendations from last Octobers Kimberley Process review mission report and the report of the Panel of Experts on Liberia, which was presented in December 2009. Both reports note that implementation of the Kimberley Process Certification Scheme has [...]
Americas
Tiffany First Look – Aquamarine and 66 Diamonds Totaling 89.06 Carats
pCreating springs most glamorous look is a breeze with perfectly matched teardrop-shaped aquamarines in earrings of grace and movement. Totaling 89.06 carats, the dazzling briolettes-intricate rose-cut stones -showcase the skill of Tiffany stonecutters. These master artisans unleash color and light from the sparkling aquamarines and 66 diamonds hand-set in platinum. img border=0 hspace=0 alt= align=right [...]
Company News
Alrosa Sells All Its Mining Production to the Market
pOver the first two months of 2010, Russian diamond miner Alrosa has registered stable demand for rough allowing it to sell all of its mining production on the market. The company has sold over US$667 million worth of rough and polished diamonds in January and February 2010./p
Africa
Afri-Can Marine Raises $1,990,613 for Block J Marine Diamond Concession in Namibia
pAfri-Can Marine Minerals Corporation has raised $1,990,613 million from the exercise of 12,935,750 share purchase warrants expiring on February 25th, 2010, 100,000 share purchase warrants expiring on January 26th, 2011 and 235,000 share purchase warrants expiring on May 6th, 2011. The share purchase warrants were exercised at a price of $0.15 each, and the number [...]
Company News
Sarin Q4 2009 Revenue Up 314% to US$10.4 Million, Net Profit Jumped to US$4.5 Million
pSingapore Exchange Mainboard-listed Sarin Technologies Ltd, which develops, manufacturers and markets and sells precision technology products for the planning, processing, evaluation and measurement of diamonds and gems, has announced its financial results for the quarter and full year ended 31 December 2009./p
pThe year 2009 was characterised by a weak first half followed by a strong [...]
De Beers
Natalia Vodianova Sports 122 Carat De Beers Diamond Necklace to the Love Ball 2010
Following the success of last year’s inaugural Love Ball, Natalia Vodianova and Lucy Yeomans, Editor-in-Chief of Harper’s Bazaar UK, last night hosted The Love Ball, proudly supported by De Beers in aid of the Naked Heart Foundation.
Natalia Vodianova was radiant in a stunning De Beers necklace made of pear-cut diamonds, totalling over [...]
Americas
Zale Had Net Earnings of $6.7 Million in Second Quarter Fiscal 2010
Zale Corporation (NYSE: ZLC) had net earnings of $6.7 million, or $0.21 per share, for the second fiscal quarter ended January 31, 2010, compared to a net loss of $31.8 million, or $1.00 per share, in the comparable period in fiscal 2009. Aggregate revenues were $582 million, a decrease of 14.3% compared to $679 million [...]
Canada
Diamond Decorative Piece Showcased in the Winter Olympics Aboriginal Pavilion
A throat decoration, which features diamonds from Snap Lake on loan from De Beers and designed by Canadian aboriginal designer Angela DeMontigny, is being showcased in the Aboriginal Fashion Showcase in the 2010 Aboriginal Pavilion of the winter Olympics.
The gorget, named Universal Unity, is to tour throughout Canada at upcoming fashion events such as Montreal [...]
Africa
Texada Ventures To Raise $3 Million; in Acquisition of DRC Diamonds Producer Diamond Industry Associates
Texada Ventures Inc. has entered into a Term Sheet with Diamond Industry Associates Ltd (DIA) whereby Texada will acquire 100% of DIA’s issued and outstanding shares or alternatively the assets and contractual obligations of DIA. The acquisition will be subject to a definitive agreement and customary terms and conditions. In conjunction with the transaction, the [...]
Company News
Rio Tinto Intends to Ensure Customers are Certified Members of the Responsible Jewellery Council (RJC) by 2011
Rio Tinto’s Antwerp based sales and marketing organisation has announced its intention to work with its customers to ensure they are certified members of the Responsible Jewellery Council (RJC) by 2011.
Rio Tinto is a founding member of the not-for-profit RJC, established in 2005 to provide a single industry standard for responsible business practices across the [...]
China
Diamond Imports for Local Chinese Consumption in 2009 Increases 16.4% Making China 2nd Largest Diamonds Consumer Market
Diamond imports for local consumption in China reached a record high of $699 million in 2009, increasing 30.7% compared to 2008, making mainland China the world’s second-largest diamond consumption market after the United States.
China’s diamond imports, diamond exports and diamond trade via the Shanghai Diamond Exchange (SDE) exceeded a record high of US$1.5 billion in [...]
