> Petra Granted Ministerial Consent for Cullinan Acquisition
Petra Diamonds has announced that it has received ministerial consent for the cession and transfer of the Cullinan new order mining right to Cullinan Diamond Mine Limited – wholly owned by the members of the Petra Diamonds Cullinan Consortium (PDCC) – from De Beers Consolidated Mines.

(June 08, 2008)

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> Botswana Q1 Diamond Exports Increase 6.8%
Diamond exports from Botswana in the first three months of 2008 “grew rapidly compared to the previous quarter,” according to a financial report released by the Bank of Botswana. Exports increased by 63.6 percent measured in the Botswanan Pula and 53.9 percent in U.S. dollars, over the last quarter of 2007.

(June 05, 2008)

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> Bowling for Las Vegas?
The daily trends and events report from the 2008 Las Vegas jewelry shows.

(June 01, 2008)

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> IDEX Online Research: Polished Diamond Prices Surge 12.3% in May
Diamond prices surged again in May, breaking records set in prior months. On a year-over-year basis, diamond prices were up a dramatic 12.3 percent, according to the IDEX Online Polished Diamond Price Index. Even on a month-over-month basis – May 2008 versus April 2008 – diamond prices rose significantly.

(June 04, 2008)

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> BRC DiamondCore Tenders 1,909 Carats for $2.5 Million
Exploration and mining firm BRC DiamondCore sold a total of 1,909 carats for $2,492,715 at its most recent tender, the company’s third. The diamonds were extracted from the company’s Paardeberg East kimberlite and Silverstreams alluvial trial mining projects in South Africa’s Northern Cape Province.

(June 3, 2008)

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> South African Q1 Gold Production Falls 16.8% on Energy Crisis
South Africa’s gold production in the first three months of 2008 fell by 15.6 percent to 52.228 kilograms, compared to the last quarter of 2007, according to a statement issued by the South African Chamber of Mines. Year-over-year, gold production declined 16.8 percent. 

(June 05, 2008)

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> IDEX Online Launches Guaranteed Diamond Transactions™
IDEX Online Launches Guaranteed Diamond Transactions™ First-ever polished diamond spot market guaranteeing merchandise availability to buyers and immediate cash payment to sellers

(June 01, 2008)

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> BHP Billiton Moving Forward with Rio Tinto Takeover
BHP Billiton on Friday filed official competition papers with the European Commission, another step in the process of taking

over rival Rio Tinto. (June 01, 2008)

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> Popley Group and Disney India to Launch Fine Jewelry Line
If you thought that Mickey Mouse was just for kids, think again. As the Popley Group, together with Disney Consumer Products, India, prepares for the June 1st launch of Disney Fine Jewellery, Mickey and other Disney icons and imagery are being geared up for young girls and women as well. 

(June 05, 2008)

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> Entertainment Firm Subsidiary ROK Diamonds to Acquire Diamond Mining Source
ROK Diamonds, an online diamond and gemstone jewelry retailer and subsidiary of mobile entertainment company ROK Entertainment Group (REG), has signed a letter of intent with Australian-listed Mineral Commodities Limited (MRC) for the purchase of the Kariba Kono diamondiferous gravel dump in Sierra Leone.

(May 13, 2008)

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> Court Approves De Beers Diamond Class Actions Settlement
The United States Federal District Court in New Jersey has approved the U.S. Diamond Class Actions settlement with De Beers. The diamond giant offered in 2005 to settle the majority of civil class action suits brought against it in the U.S., putting up a $250 million fund, later increased to $290 million.

(May 13, 2008)

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