Diamond Company Becomes IPO
Reuters reported on Sierra Leone's only pit diamond mine that begin as wartime booty and is now an IPO.
Reuters reported on Sierra Leone's only pit diamond mine that begin as wartime booty and is now an IPO.
Mineweb reported rough diamond demand is expected to rise drastically in the next year.
Mountain Province Diamonds Inc. (TSX:MPV,NYSE:MDM) announced that it has received an interim order of the Supreme Court of Ontario.
Mineweb reported diamonds being exported and imported into the country repeatedly has slowed due to increased import duties.
Bloomberg reported Rio Tinto Group (TSX:RIO,ASX:RIO) is planning to sell its diamond assets the mines may no longer fit its strategy.
Reuters reported a Chinese-based diamond miner in the Marange region has promised to increase wages in efforts to end a strike.
Lucara Diamond Corp. (TSX:LUC) reported its year end report.
Mining Weekly reported rough diamonds are likely to remain volatile through 2012.
Reuters reported dealers and industry insiders say investors are buying up more and more colorful diamonds.
Vaaldiam Mining Inc. (TSX:VAA) reported for 2011 it has recorded a net loss of $13,247,000 or $0.18 per share.
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