CNN
Argyle: A 12.76-carat pink diamond has been unearthed in an Australian mine, the largest ever found in the country. Christened as the Argyle Pink Jubilee, the diamond was found in mining giant Rio Tinto's Argyle diamond mine in Western Australia's East Kimberly region.

Market Watch
Vancouver: La Quinta Resources Corporation ("La Quinta" or "The Company") will initiate its 2012 diamond drilling campaign at the Easter Project on March 1, following the completion of access road rehabilitation to the property and scheduling of its drill contractor.

Daily Finance
New York: As the world's biggest online diamond retailer, Blue Nile (NAS: NILE) should be shining for investors. The company cuts overhead costs by selling on the Internet, and it waits to buy the rocks until after customers make a purchase. This contrasts with Zale (NYS: ZLC) , which operates jewellery chains, buys its diamonds in advance, and can sit on the inventory for months before making a sale.

ADL News
Ramat Gan: The Israeli Diamond Industry will once again have a significant presence at BASELWORLD 2012, with 17 Israeli diamond companies participating in this key show taking place from March 8 – 15, 2012. IDI will operate a prominently placed information and image booth in Hall 3.1, NO1. The Israeli diamond companies will exhibit in Hall 3, the loose diamond hall.

Associated Press
London: Mining company Anglo American PLC posted Friday a record operating profit for last year following big advances in its coal and diamonds operations. The group reported a record operating profit before special items and remeasurements of $11.1 billion, up 14 percent on the year before.

AFP
Marange: Zimbabwe Prime Minister Morgan Tsvangirai said Thursday the government desperately needs revenue from diamond sales, after the lifting of a global ban imposed over military abuses.

PolishedPrices
Moscow: LUKoil, the second largest of Russia's oil producers and exporters, is thinking of disposing of its northwestern Russian diamond mine known as Grib, selling the subsidiary Arkhangelsgeoldobycha (AGD) which has held the controversial mining licence through fifteen years of litigation and arbitration with Archangel Diamond Corporation (ADC), a De Beers subsidiary until its bankruptcy in 2010.

The Times of India
Surat: Is the Rs 80,000 crore worth of diamond manufacturing industry in the world's biggest diamond cutting and polishing centre in Surat under threat from the Chinese dragon?

Market Watch
Hong Kong: More than 3,100 exhibitors from 48 countries and regions, a new exhibitor record, are taking part in the 29th HKTDC Hong Kong International Jewellery Show, which opened today and continues through 20 February at the Hong Kong Convention and Exhibition Centre (HKCEC). The fair, organised by the Hong Kong Trade Development Council (HKTDC), welcomes exhibitors from Argentina, Denmark and Myanmar for the first time, and features more than a dozen product zones.