Diamond Investing News

Construction of Route 167 Extension Commences

privera — Fri, 03 Feb 2012 19:02:10 +0000

Construction activities have commenced on the Route 167 Extension, the road development project that will provide year round road access to the Stornoway Diamond Corp. (TSX:SWY) 100% owned Renard Diamond Project by way of the communities of Mistissini and Chibougamau.

Botswana Returns to Budget Surplus

Melissa West — Wed, 01 Feb 2012 23:30:13 +0000

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%

Melissa West — Wed, 01 Feb 2012 23:27:29 +0000

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

Melissa West — Tue, 31 Jan 2012 22:33:34 +0000

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

Melissa West — Mon, 30 Jan 2012 23:49:38 +0000

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

Melissa West — Fri, 27 Jan 2012 01:24:08 +0000

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

Diamcor Mining Reports on South African Diamond Project

Melissa West — Fri, 27 Jan 2012 01:19:10 +0000

Diamcor Mining Inc. (TSXV:DMI,OTCQX:DMIFF) reported an update on its South African diamond project.

Diamond Fees Set to Rise in Zimbabwe

Melissa West — Wed, 25 Jan 2012 22:38:20 +0000

Reuters reported Zimbabwe's government is planning to raise the registration fee for a diamond claim.

Peregrine Completes Analysis of Chidilak Diamond Project

Melissa West — Wed, 25 Jan 2012 01:24:02 +0000

Peregrine Diamonds Ltd. (TSX:PGD) has completed its analysis of the Chidliak project.

Hong Kong Stock Exchange Set to Offer Sierra Leone Diamond Mine on IPO

Melissa West — Mon, 23 Jan 2012 21:50:01 +0000

Forbes reported a Sierra Leone diamond mine is going to be offered on the Hong Kong Stock Exchange as an initial public offering.