Human Rights Watch declared that Zimbabwe’s armed forces have taken over diamond fields in the east and killed more than 200 people, forcing children to search for the precious gems and beating villagers who get in the way. For full story, click here
Read the full article: "Abuse in Zimababwe Diamond Fields"
Thursday, June 25, 2009
World diamond industry leaders have convened in Windhoek, Namibia’s capital, for a three-day meeting of the Kimberley Process Certification Scheme to discuss the ongoing battle against conflict diamonds. For full story, click here
Read the full article: "Kimberley Process Certification Scheme has..."
Thursday, June 25, 2009
Venezuela is seeking a loan to help develop its gold and diamond mining sector, to be partially paid with the mineral output of the projects. President Hugo Chavez stated: We are on the verge of adquiring a credit with several institutions and countries to invest in the exploitation of gold, diamonds and precious metals. And [...]
Read the full article: "Venezuala has sought loan to develop diamond..."
Wednesday, June 24, 2009
Zimbabwe has denied claims of killings in its diamond fields, at a meeting on preventing the sale of “blood diamonds”, despite reports of abuses in the evictions of small-scale miners. For full story, click here
Read the full article: "Zimbabwe has denied killings in diamond..."
Wednesday, June 24, 2009
Surat diamond industry is on the revival path after it got hit by the recession. It has seen a raise in demand for diamonds and re-opening of some closed units. CP Vanani, President, Surat Diamond Association, stated: In the last one and half month, we have seen an increase in demands for diamond. For full [...]
Read the full article: "Surat Diamond Industry is on Revival Path"
Wednesday, June 24, 2009
According to Mining Weekly, the National Union of Mineworkers, the Solidarity labor union and South Africa’s new Mining Minister have all backed outright rejection of diamond miner Xstrata’s “merger of equals” plan. For full story, click here
Read the full article: "South African Govt. and Diamond Miners have..."
Wednesday, June 24, 2009
De Beers has remained optimistic about the future prospects of the diamond industry during 2009, and is expecting the Christmas season to be “in line with if not better than last year”. For full story, click here
Read the full article: "De Beers: Diamond Mining, sales will grow up..."
Wednesday, June 24, 2009
Diamond output from Australia surged by 9 percent to 18.022 million carats during the current fiscal year ending June 30, 2009, reports say, of which, 92 percent was exported. For full story, click here
Read the full article: "Diamond Output from Australia surged by 9%"
Tuesday, June 23, 2009
The proposed settlement in the lawsuit filed against the former owners of the bankrupt diamond company M. Fabrikant and Sons has been approved by a federal judge. For full story, click here
Read the full article: "$8M Settlement has approved in Fabrikant..."
Tuesday, June 23, 2009
The direct cost of the slump in global demand for diamonds has resulted in the loss of over 1,900 jobs in Namibia, whose diamond sector has been hard hit by the international economic slump. For full story, click here
Read the full article: "1,900 Jobs have been lost in Namibian..."
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Friday, June 26, 2009