Diamond Investing News
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DeBeers hails bottom has been hit
The crisis in the diamond industry has hit bottom, and the industry can now look forward to growth, according to DeBeers managing director Gareth Penny. Mr. Penny relayed this message to a room full of diamond merchants, manufacturers, and leaders at the Diamond Town Hall Meeting on June 3rd.
A glimmer of hope for the diamond market
Tuesday, April 7, 2009
As the economic recession increased its stronghold on consumers, plunging jewellery sales sent the diamond industry into a tail spin. At the onset of the slowdown, the industry seemed immune, as sales of top tier goods overshadowed the decline in mid-grade diamond sales.
Diamond data loses its shock value
Tuesday, March 24, 2009
Since September, the diamond industry has seen figures reflecting the state of the global economy. The latest numbers to be received are the stats on February. Now, after six months the dire numbers have finally lost their “shock value”.
Diamond industry warns of drastic change
Tuesday, March 10, 2009
Traders, cutters, and retailers are all warning that the diamond business’ struggles will cause a restructuring of the entire industry.
Kimberly team has inspected River Ranch Diamond Mine
Fri, Jul 3, 2009
The Kimberly Process Review Mission to Zimbabwe, led by Liberia’s Deputy Minister of Planning and Development Mr Alfred Kpandel Fayia, yesterday visited River Ranch diamond mine, with the plant manager assuring the world that they had state-of-the art security systems in place to curb the smuggling of the resource. For full story, click here
Venezuala has sought Loan to develop diamond mining
Fri, Jul 3, 2009
Venezuela is seeking a loan to help develop its gold and diamond mining sector, to be partially paid with the mineral output of the projects. For full story, click here
Cameroon will start Diamond Mining in 2010
Fri, Jul 3, 2009
Cameroon will begin mining diamonds close to the end of 2010. The decision was made after discovering 736 million carats of diamond deposits in the country’s south-eastern Mobilong region. Oscar Matip, Cameroon’s director of mines and geology at the Ministry of Industries, Mines, and Technological Development, stated: Mining could begin a year from now. For full story, click [...]
Abuse in Zimababwe Diamond Fields
Fri, Jun 26, 2009
Human Rights Watch declared that Zimbabwe’s armed forces have taken over diamond fields in the east and killed more than 200 people, forcing children to search for the precious gems and beating villagers who get in the way. For full story, click here
Kimberley Process Certification Scheme has met in Namibia
Thu, Jun 25, 2009
World diamond industry leaders have convened in Windhoek, Namibia’s capital, for a three-day meeting of the Kimberley Process Certification Scheme to discuss the ongoing battle against conflict diamonds. For full story, click here
- Diamond industry warns of drastic change (3)
- DeBeers hails bottom has been hit (3)
- Diagem Inc. : Discovery, Exploration and Development in Brazil (2)
- Diamond Investing Newsletter (1)
- Diamond Investing News - Investing Glossary (1)
- Reduction in Onshore Diamond Mining in Namibia is worrying (1)
- Negotiating period extended for AK6 mining licence (1)
- Vaaldiam Resources: South America’s Largest Diamond Producer (1)
- Diamond market strong for some, weak for others (1)
- Namaqualand Mine's future discussed by Trans Hex and DBCM (1)
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Asides 
For upcoming diamond investing trade shows, see the following links: Cambridgehouse, IIC, Chicago Resource Expo
The Diamond Investing Glossary: This glossary covers investing in junior resource companies. For the experienced investor or the newbie, you should find everything you need here. If not, let us know and we’ll research and add what you’re looking for.
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Monday, June 8, 2009
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