Analysts Predict Rio Tinto, BHP Pursuit of Diamond IPO
Globe and Mail reported analysts are predicting BHP Biliton (ASX:BHP) and Rio Tinto (ASX:RIO) may consider spinning off their diamond assets as private companies if buyers can't be found.
Articles Tagged "australia"
Argyle Diamond Mine Sees Production Fall 14%
Mineweb reported the Argyle diamond mine saw a fall in diamond production of 14% due to the Australian wet season.
Australian Diamond Trade to Increase 36%
SMH reported Australia diamond exports are expected to rise as more gems make their way to India.
Diamond Market to Grow
SMH reported analysts say Australia's diamond market is likely to grow in 2012.
Jewellers to Visit Botswana Diamond Mine
Jeweller Magazine reported members from Nationwide Jewellers in Australia will visit the Jwaneng diamond mine in Botswana.
Diamond Output from Australia surged by 9%
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
India, Australia diamond exports slipped
Even though the world is harping on the revival of economies, Surat’s diamond sector is getting bad news one after other. For full story, click here
Australia’s Rough Diamond Exports slipped 33% in fiscal 3Q
Australia’s rough diamond exports dropped 33 percent to $77.9 million in the quarter that ended March 31, 2009, impacted by a sharp dip in prices from a year earlier. Exports by volume surged 39 percent to 3.175 million carats as the average price dipped 52 percent to $24.52 per carat. Production during the period doubled [...]
BHP Billiton promised to improve its safety record
Australia’s Mines Minister Norman Moore has declared that BHP Billiton promised to improve its safety record after the fifth mining fatality in Western Australia in the past eight months. For full story, click here
Job losses as WA diamond mine reduces production
Part of the Ellendale Diamond Mine in far north Western Australia has been placed on care and maintenance, resulting in the loss of 36 jobs. For more information, click here
