CNBC reported diamonds are likely to recover from lows last summer on increased demand in Asia and the US, although the recovery will be volatile.
Bloomberg reported Angola said it will focus on new diamond mines on higher demand.
Mining Weekly reported Rockwell Diamonds (TSX:RDI,JSE:RDI) is hopeful of a positive profit margin and steady sales in 2012.
Rapaport reported certified polished diamond prices rose 19% in 2011 spurred by strong buying in the first half of the year.
SMH reported Belgium has began an inquiry into possible tax fraud among diamond traders in Antwerp.
Reuters Africa reported the overall Polished Prices index rose for the first time in two weeks.
SMH reported analysts are predicting BHP Billiton (NYSE:BHP) will get less than $500 million for its Ekati diamond project in Canada.
SMH reported Australia diamond exports are expected to rise as more gems make their way to India.
IBTimes reported a new study says diamonds and gems are likely to grow even more in 2012 with rising economies in Asia.
SMH reported analysts say Australia's diamond market is likely to grow in 2012.
Wednesday, January 18, 2012