IDEX Online - Mining And Exploration

Chinese Diamond Jewelry Desire Strengthening

Thu, 24 May 2012 06:41:00 GMT

(IDEX Online News) – Chinese jewelry buyers are no longer restricting their diamond purchases solely for bridal or investment purposes. That, and other key findings, are the results of a market research commissioned by Rio Tinto that confirms the growing trend towards diamond fashion jewelry in China.

Ian Smillie Receives Honorary Doctorate

Thu, 24 May 2012 02:58:00 GMT

Ian Smillie, chair of the board of directors of the Diamond Development Initiative International (DDI), received an honorary degree from Clark University in Worcester, Massachusetts.

DEF Unveils Retailer Merchandising Kit

Tue, 22 May 2012 03:15:00 GMT

The Diamond Empowerment Fund (DEF) will introduce a preview of support materials to accompany its lineup of DEF-benefit products at the upcoming JCK Las Vegas tradeshow.

SA Minister of Mineral Resources Visits Antwerp

Wed, 16 May 2012 09:51:00 GMT

The South African minister of Mineral Resources, Susan Shabangu, today (Wednesday) led an official delegation on a visit to the Antwerp World Diamond Centre (AWDC).

First Kao Diamonds Sale Exceeds Expectations

Wed, 16 May 2012 09:36:00 GMT

Namakwa Diamonds Limited today (Wednesday) announced that the first sale of diamonds from the Kao mine realized prices 17 percent above expectations. The tender totalled $6.47 million.

WDC Voices Support for Evolution

Tue, 15 May 2012 07:23:00 GMT

The World Diamond Council's (WDC) 8th Annual Meeting has concluded. The meeting passed a resolution expressing support for expanding the definition of "Conflict" as defined by the Kimberley Process Certification Scheme.

KP Chair, WDC Support Expansion of Definition of Conflict Diamonds

Mon, 14 May 2012 10:05:00 GMT

The World Diamond Council has passed a resolution that supports expanding the definition of conflict diamonds to "Diamond related violence in rough diamond producing and trading areas." The language substantially expands the current definition of the Kimberley Process Core Documents from trade by rebelling forces.

Rio Tinto Appoints New India Head

Mon, 14 May 2012 03:14:00 GMT

Tarun Malkani has been appointed to the post of Rio Tinto Diamonds chief operating officer, India. Malkani, an engineer by training, will take up the post from July 1. Most recently, he was director for Rio Tinto’s aluminum business in India.

Rio Tinto: Divestment from Diamonds Best Route to Optimize Value

Thu, 10 May 2012 03:42:00 GMT

Divesting from its diamond business could be the best route to optimize value for Rio Tinto’s shareholders, according to chairman Jan Du Plessis. The backdrop to this move is not lack of belief in the future of diamonds, but rather a matter of scale.

Karowe Begins Production

Tue, 8 May 2012 02:48:00 GMT

Lucara Diamond Corp. has announced that commissioning activities at the Karowe mine in Botswana were completed in April. Processing facilities at the mine have now begun to operate.