Diamond Market News provides diamond investors with the latest up-to-date market news and trends on topics ranging from supply and demand, diamond prices, regional events, and upcoming conferences.

BHP Considering Leaving Diamond Industry for 20 Years

Thursday, February 9, 2012

Bloomberg reported BHP Billiton Ltd. (ASX:BHP,NYSE:BHP) may leave the diamond industry for at least 20 years as it focuses on larger projects.

Lucara Will Commission Botswana Diamond Mine

Thursday, February 9, 2012

Bloomberg reported Lucara Diamond Corp. (TSX:LUC,TSXV:LUC) will commission its Karowe min in Botswana by April.

Trans Hex Averages $952 a Carat on Higher Rough Cut Diamond Demand

Tuesday, February 7, 2012

Mining Weekly reported Trans Hex (JSE:TRH) is averaging $952 a carat for rough cut diamonds reflecting a higher demand in the market.

Rockwell Diamonds Will Prove Sustainability in 2012

Friday, February 3, 2012

Mining Weekly reported Rockwell Diamonds (TSX:RDI,OTC:RDIAF) says it will build on steady production at its three South Africa diamond mines to prove the sustainability of the projects in 2012.

Quebec’s First Diamond Mine Readying For Approval

Friday, February 3, 2012

Kitco reported Stornoway Diamond Corp. (TSX:SWY) is making it a priority to begin work at its Quebec diamond mine by mid-2013.

Botswana Returns to Budget Surplus

Wednesday, February 1, 2012

Reuters reported Botswana is back to a budget surplus after three years of deficit, with growth expected to fall slightly in 2012.

Petra Diamonds Production Up 64%

Wednesday, February 1, 2012

Mining Weekly reported Petra Diamonds’ (LSE:PDL) production is up 64% and the company is on track for two-million carat output in 2012.

Antwerp Diamond Convention

Tuesday, January 31, 2012

Reuters reported diamond traders met in Antwerp to discuss the future of the diamond industry.

Economy Hits Polished Diamond Prices in First Quarter of 2012

Monday, January 30, 2012

Reuters reported polished diamond prices may struggle to hold onto gains in the first quarter of 2012 due to worries over the global economic outlook.

Rough Diamond Prices Down in 2011

Thursday, January 26, 2012

Mining Weekly reported rough diamond prices were down for 2011 as the economic crisis in Europe affected demand.

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