Like Gold’s Rise? Diamonds Shine Brighter
The Globe and Mail reports that diamond outperformed gold over the past year as demand in India and China increased.
Articles Tagged "Diamond Demand"
India and China Boosting 2011 Diamond Market
Diamond consumption and prices have been on the rise this year. Demand in India and China are expected to keep that momentum going throughout the remainder of 2011.
Diamonds North Extends HI-1 Along Strike and Identifies Abundance of Gossan Zones
Diamonds North Resources Ltd. (CVE:DDN) reports its completion of its initial gold prospecting at HI-1 and has initiated prospecting at HI-2. The potential extent of the gold mineralization appears more significant than originally expected at both locations. HI-1 and HI-2 prospects are on the Halkett Inlet Property located in Nunavut. Mark Kolebaba, President & CEO of Diamonds North [...]
Stornoway Announces Diamond Content Models for Renard 65
Stornoway Diamond (TSE:SWY) reports results of a diamond content for the Renard 65 kimberlite pipe at the Renard diamond project. Renard 65 is the largest kimberlite pipe in the Renard cluster, with a surface area of approximately 1.7 hectares. In 2003 a large, gem quality diamond of 4.04 carats was recovered within drill core, an exceptionally [...]
Signs Diamond Market is Headed Towards Recovery
Ahead of the JCK Jewelry Show in Las Vegas, new US sales and demand numbers look promising. Imports of both rough and polished stones rose, as well as increased sales numbers from Tiffany & Co. Also, a wrap up of news from diamond mining companies, including the deal between Petra Diamonds and De Beers.
Diamonds North Plans Bulk Sample of Beluga-3 Kimberlite
Diamonds North Resources (CVE:DDN) reports it plans to collect a bulk sample from the Beluga-3 kimberlite located on at its Amaruk property, Nunavut. Diamonds North will be using a low cost, light weight bulk sampling drill that utilizes reverse circulation without percussion to reduce and or eliminate significant diamond breakage. Estimated collection cost with this drill, that the Company [...]
Diamonds North Recovers Larger Diamonds from Beluga-3
Diamonds North Resources (CVE:DDN) reports the recovery of larger stones from the Beluga-3 kimberlite on Amaruk property, Nunavut, Canada. The diamond recovered from the 1.70 mm mesh measures 2.6 mm x 2.0 mm x 1.0 mm and is a fragment with an estimated 60% loss. In addition, 5 of the 9 diamonds on the 1.18 mm [...]
