Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.
Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) reported an update on its South African diamond project.
Reuters reported Zimbabwe’s government is planning to raise the registration fee for a diamond claim.
Peregrine Diamonds Ltd. (TSX:PGD) has completed its analysis of the Chidliak project.
Forbes reported a Sierra Leone diamond mine is going to be offered on the Hong Kong Stock Exchange as an initial public offering.
Reuters reported the diamond market has inched up slightly on the PolishedPrice Index.
Mining Weekly reported Rockwell Diamonds (TSX:RDI) has consistently exceeded its carat expectations at its alluvial mine.
Business Insider reported a special 1.68 carat pink diamond from the Argyle mine in Australia is selling for $1 million through Leibish & Co. Fancy Diamonds.
Peregrine Diamonds Ltd. (TSX:PGD) reported new microdiamond results from the CH-31 and CH-59 kimberlites on the Chidliak project.
CNBC reported diamonds are likely to recover from lows last summer on increased demand in Asia and the US, although the recovery will be volatile.
Mineweb reported the Argyle diamond mine saw a fall in diamond production of 14% due to the Australian wet season.
Harry Winston Diamond Corporation (TSX:HW,NYSE: HWD) reported the Diavik Diamond Mine recovered 1.6 million carats in the last quarter of 2012.
Diamcor Mining Inc.(TSXV:DMI) announced the delivery of operational equipment and a new modular processing plant after a successful 2011 program. The Company plan to undertake further bulk sampling this year and are hoping to file a new and updated NI 43-101 report in the coming months.
Bloomberg reported Angola said it will focus on new diamond mines on higher demand.
Mining Weekly reported Rockwell Diamonds (TSX:RDI,JSE:RDI) is hopeful of a positive profit margin and steady sales in 2012.
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Thu, Jan 26, 2012