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

Petra Sells 122.52-carat Blue Diamond for US$27.6 Million

Petra Diamonds Ltd. (LSE:PDL) announced that it has sold a 122.52-carat blue diamond recovered in June from its Cullinan mine to a beneficiation partnership made up of Petra and an undisclosed polishing partner.

Goldman Small Cap Research Issues Report on Brazil Minerals

Goldman Small Cap Research Issues Report on Brazil Minerals

Goldman Small Cap Research announced it had released a report on Brazil Minerals (OTCQB:BMIX), highlighting the potential of investment. The report analyzes Brazil Minerals primary holding of Mineracao Duas Barras Ltd, in Minas Gerais, Brazil.

Lucara Diamond Receives Two Precious Stone Prospecting Licenses

Lucara Diamond Corp. (TSX:LUC) announced that Botswana's Ministry of Minerals, Energy and Water Resources has granted it two precious stone prospecting licenses close to its Karowe diamond mine. They are in the Orapa kimberlite field.

Stornoway Announces First Quarter Results

Stornoway Announces First Quarter Results

Stornoway Diamond (TSX:SWY) announced its first quarter results results for the three months ending July 31,2014. In that period, the company announced it had registered a loss of $11.5 million but had completed a $946 million project financing transaction to fund the development of the Renard diamond project.

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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

Northwest Territories Says Diamond Industry Ready to Expand

The Globe and Mail reported that David Ramsey, the Northwest Territories' minister of industry, tourism and investment, believes the region's diamond industry is "set for its next stage of expansion."

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