Apr 22, 2012

HARARE, Apr 22, 2012 – The Government of the United States had invited Mines and Mining Development Minister Obert Mpofu and his delegation to the Kimberly Process Certification Scheme meeting scheduled for June 2012. The US government had invited the Zimbabwean delegation to apply for visas through its Embassy in Harare,...

Apr 22, 2012

RAMAT GAN, Apr 22, 2012 – The Israel Diamond Exchange (IDE) has appointed Motti Besser to head an internal team for the inspection of the eligibility of all tenants operating in the IDE buildings. In January, police raids uncovered that an illegal bank was operating and laundering ‎money from within the exchange. The...

Jan 26, 2012

AMSTERDAM, Jan 26, 2012 – ABN Amro’s International Diamond and Jewelry Group (ID & JG) has announced the appointment of Erik Jens as its new Chief executive officer (CEO). Jens is currently serving as the CEO of ABN Amro’s private banking division for Switzerland and the Swiss region, and the former Chief...

Nov 23, 2011

Hong Kong imported $4.85 billion worth of diamonds in the third quarter ended September 2011, a 29 percent increase in value from the same quarter last year. Exports of polished diamonds was valued at $3.35 billion, a 18 percent growth compared to the same quarter last year. Net polished imports rose 62 percent to $1.49 billion...

Nov 13, 2011

Shore Gold Inc. recorded a comprehensive loss of $3.1 million in the 3rd quarter ended September 30, 2011, compared to a comprehensive loss of $6.7 million for the same period in 2010. The decrease in comprehensive loss for the quarter ended September 30, 2011 compared to the same period in 2010 is due to a decrease in...

Nov 10, 2011

Diavik Diamond Mines Inc (DDMI), operator of the Diavik Diamond Mine in Canada, said last week that it has begun initial construction of a wind farm at its mine site. Once operational, it will be the first large-scale wind farm in Canada’s Northwest Territories. Four 2.3 megawatt turbines will be constructed providing a...