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Press Articles
The Press Articles section provides you with third party information on the industry. We hope to list as many as possible as they become available.
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Fri May 2, 2003
In Review - Diamondex Resources Ltd.
Please find the attached article on Diamondex Resources Ltd. (DSP-TSX.V) featured in the most recent edition of Canadian Diamond Notes. (666 KB) |
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Thu Jan 9, 2003
Canada aims to be big diamond producer
Canada's International Trade Minister Pierre Pettigrew addresses the media at the Canadian Embassy in Brussels, Thursday.
CREDIT: Associated Press, Yves Logghe
ANTWERP, Belgium -- Canada aims to become one of the world's largest diamond producers, Trade Minister Pierre Pettigrew said after meeting Thursday with diamond officials in the world's top gem trading city.
Canada, widely known for its export of natural resources like softwood lumber and oil, doesn't have a reputation for diamon... (5 KB) |
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Thu Jan 2, 2003
Miners Rank Nations By Yield and Policy
(Rapaport...January 2, 2003) Diamond exploration companies are attracted to Canada not only because of productive kimberlites, but because the nation's regulatory climate attracts investment, according to a new study by the Fraser Institute, a Vancouver-based think tank. Russia, on the other hand, is among those nations whose policies discourage mining investment, the report found.
The Fraser Institute asked 158 mining companies --- which together accounted for 60 percent of mineral explorati... (5 KB) |
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Wed Jan 1, 2003
Nicky Oppenheimer's New Year's Message to the Diamond Industry
2002 has indeed been a remarkable year for the worldwide diamond industry. At a time when the international economic and political climate was at best uncertain, at worst profoundly gloomy, the industry shone out as a beacon of confidence and achievement.
For the first time in recent history - and despite a recession in the two most important markets for our product - diamond jewellery sales seem set to outperform the rest of the luxury goods sector. This owes much to the unique value of our... (8 KB) |
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Tue Dec 31, 2002
New legislation controlling the trade of conflict diamonds will also take effect this week.
Dateline: OTTAWA Source: The Canadian Press
New legislation controlling the trade of conflict diamonds will also take effect this week.
The law curbs the import, export and transit of these diamonds, which are used to fund anti-government military action - primarily in Africa.
Under the South African-led Kimberley Process international agreement, rough diamonds must be exported in tamper-resistant containers along with a certificate - validated by government officials - confirming that th... (2 KB) |
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Mon Dec 30, 2002
Canada helps fight conflict diamond trade
Companies will require government certificates to export diamonds to Canada, under new legislation in place to control the import, export and transit of rough diamonds.
Bill C-14 was given royal assent in mid-December 2002, and the new regulations will take effect Jan. 1, 2003. Certificates can be obtained from Natural Resources Canada.
The regulations enable Canada to meet its obligations under the Kimberley Process certification scheme, which brings together 34 participants, including ... (3 KB) |
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Tue Dec 10, 2002
N.W.T. presses De Beers to leave more diamonds in Yellowknife: No commitment on quota of gems from new mine: MINING
In what the Northwest Territories government calls a breakthrough, De Beers says it is willing to release rough diamonds from its planned Snap Lake mine to Yellowknife's growing cutting and polishing industry. But a company spokeswoman wouldn't say Monday how many stones will stay in the territory when the mine begins production in late 2006.
"We respect the Northwest Territories' policy to develop a secondary diamond industry," Linda Dorrington said. "But that's a subject for discussion and... (4 KB) |
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Thu Dec 5, 2002
Selling diamonds based on more than product: De Beers mines the rocks, but sells dreams
SASKATOON -- Diamonds are among the world's hardest and most durable products, but marketing of diamonds really has little to do with the physical attributes of the stones, according to the top De Beers official in Canada. "We're really selling a dream and not a product," said Richard Molyneux, president and CEO of De Beers Canada Inc.
Molyneux is a geologist by training who now directs the exploration program of De Beers in Canada, which includes an ongoing investment in the Fort a la Corne ... (5 KB) |
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Mon Nov 4, 2002
A hole in the ground with a buyer on top: Part IV of Diamond Basics: De Beer Essentials
Dateline: SPECIAL TO THE NORTHERN MINER
Mark Twain is credited with having defined a mine as a "hole in the ground with a liar on top." But when it comes to the diamond business, it's a "hole in the ground with a buyer on top."
Diamonds travel the distance from a mine to the jewelry store via a circuitous global journey -- a journey known in the biz as the "diamond pipeline," and which is largely controlled by the world's most powerful and successful monopoly: De Beers.
Of course, De B... (11 KB) |
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Wed Oct 30, 2002
Diamond chiefs OK conflict-gem code: Illicit sales fuelled wars
LONDON - World diamond industry chiefs yesterday agreed to a code of practice which they hope will diminish criticism of the industry's role in the financing of African conflicts and deflect accusations that diamonds have been used to conceal terrorist finance.
A meeting of the World Diamond Council (WDC) in London decided on a system of warranties to compel diamond dealers to give consumers a guarantee that rough and polished diamonds, as well as jewellery containing diamonds, had been boug... (3 KB) |
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