BHP Billiton backs off bid for Rio Tinto
London--The board of mining company BHP Billiton announced today that it is not moving forward with its acquisition of rival mining company Rio Tinto.
BHP clears U.S. hurdle in bid for Rio Tinto
London—BHP Billiton announced on Thursday that The U.S. Department of Justice and the Federal Trade Commission (FTC) have essentially cleared the way for its proposed acquisition of Rio Tinto,...
Battle for Rio Tinto heats up
Hong Kong—Mining company BHP Billiton upped the stakes on Wednesday in its bid to buy Australian mining company Rio Tinto, various news services reported.
Rio Tinto rejects BHP Billiton bid
London—Rio Tinto has rejected a reported $147 billion buyout offer from larger rival BHP Billiton, which made its second offer for the company.
Antwerp diamond conference set for October
Antwerp, Belgium—The Antwerp World Diamond Centre (AWDC) will host a conference to discuss the future of the diamond industry, particularly how the growing power of diamond-producing countries...
CIBJO focus fixed on sustainable development
Cape Town, South Africa—The second day of the 2007 CIBJO Congress featured two panel sessions on sustainable practices.
Rosy Blue to reveal Forevermark diamond at Basel
Antwerp, Belgium—Rosy Blue NV has plans to unveil the world's largest fancy yellow diamond carrying the De Beers' Forevermark at BaselWorld 2008.
Antwerp conference to focus on supply shifts
Antwerp, Belgium—The fourth Antwerp Diamond Conference, to be held from Oct. 15-16, will examine changes in the diamond industry now that the De Beers Group has moved from being a dominant...
Forum ends with blast on Rap price list
New York—A relatively quiet day at The Plumb Club Forum ended with a few sparks on Monday when diamantaire Jeff Fischer, president of the International Diamond Manufacturers Association (IDMA),...
Gitanjali Gems acquires U.S. retailer Rogers
Mumbai, India—Gitanjali Gems, one of the largest integrated diamond and jewelry manufacturers and retailers in India, has acquired U.S. retail jewelry chain Rogers for $18.5 million to boost...
Rosy Blue joins IDEX Online's diamond program
Geneva—Diamond Trading Co. (DTC) sightholder and manufacturer Rosy Blue Group is the latest company to take part in IDEX Online's Guaranteed Diamond Transactions program.
DDI to organize artisanal diamond mining
New York—The Diamond Development Initiative (DDI) is working to do for artisanal diamond mining what the Kimberley Process did for conflict diamonds, namely, to clean up the process and help...
Gitanjali says Rogers deal brings synergy
Mumbai, India—Gitanjali Gems, the India-based Diamond Trading Co. sightholder that just purchased U.S. jewelry chain Rogers Ltd., says the $20 million acquisition fits with its plan to wrap its...