Is a Diamond Market Supply Crunch on the Horizon?

Independent diamond industry analyst and consultant Paul Zimnisky gave Diamond Investing News a great overview of current diamond market supply and demand dynamics.

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Company News

Stornoway Diamond Corp. Reports Progress at Renard

Stornoway Diamond Corp. Reports Progress at Renard

Stornoway Diamond Corporation (TSX:SWY) reported progress at the Renard Diamond Project in Quebec: construction mobilization is proceeding well, as well as civil works on surface facilities pads, site infrastructure and water management systems; orders have been placed on long-lead items for the diamond processing plant and LNG power plant, and temporary construction camps established with 250 beds. The resource expansion drill program is also ongoing, with Renard 2 now confirmed to at least 970 meters vertical depth.

Petra Diamonds Likely to Face NUM Battle

Mining Weekly reported that earlier this week, the National Union of Mineworkers (NUM) said it will fight retrenchments at Petra Diamonds Ltd.'s (LSE:PDL) Helam mine.

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Company Videos

An Update from North Arrow Minerals CEO Kenneth Armstrong

North Arrow Minerals Inc. (TSXV:NAR) CEO Kenneth Armstrong spoke to Resource Investing News at the Canadian Investor Conference in Vancouver about the Company’s busy remainder of 2014, starting with bulk sampling in the Qilalugaq project in Nunavut, a month-long till sampling at the Pikoo Diamond Project in central eastern Saskatchewan, and a drill program in the Lac de Gras Project in the Northwest Territories.

INN Video: Ken Armstrong of North Arrow Minerals

North Arrow Minerals Inc. (TSXV:NAR) President and CEO, Ken Armstrong, spoke to Resource Investing News on how they have restructured the Company to be focused on diamond exploration in Canada.

Market News

Indian Diamond Industry on the Lookout for Synthetic Stones

The Economic Times reported that over the past few months, the Mumbai diamond bourse and some dealers of the stones have installed "automated melee screening tool[s]" that separate natural rough diamonds from synthetic diamonds.

Blue Moon Diamond to Go on Display in September

Forbes reported that from September 13, 2014 to January 6, 2015, the Blue Moon diamond will be on display at the Natural History Museum of Los Angeles County.

De Beers to Look into US Consumer Diamond Reselling

Rapaport reported that through the International Institute of Diamond Valuation, De Beers has created a program aimed at "assess[ing] the effectiveness of reselling approaches and to explor[ing] ways to improve the process."

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