(redirected from Diamond mining)
Also found in: Dictionary, Thesaurus, Medical, Encyclopedia.
Related to Diamond mining: Gold mining


1. A unit investment trust in which the underlying asset is the Dow Jones Industrial Average. That is, diamonds are shares in a closed-end index fund tracking the DJIA. It is traded on the American Stock Exchange. It operates much like an exchange-traded fund, but, like all unit investment trusts, it has an expiration date, while ETFs do not. Its ticker symbol is DIA.

2. A valuable commodity consisting of very hard gem stones used in jewelry and tools. Diamonds may be traded on any of a number of exchanges. See also: Blood diamonds.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved


Registered name for interest in a trust that holds all 30 stocks included in the Dow Jones Industrial Average. Ownership of a Diamond allows an investor to track the DJIA with a single investment. Diamonds are traded on the American Stock Exchange under the symbol DIA.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
This market report offers a comprehensive analysis of the global Diamond Mining market.
Petra Diamonds is an independent diamond mining group and a supplier of gem quality rough diamonds to the international market.
Interestingly, the author shows that diamond mining was not all bad, contrary to its depiction in novels and films.
Namibian diamond mining taxes are probably the highest in the region, if not in the world, so any other additional costs that you impose just makes it impossible for us to unlock the value in the diamonds that are in the ground.
The Virginian-Pilot newspaper reported last year that airplanes belonging to Robertson's Operation Blessing, a charity, had been used almost exclusively to support a for-profit diamond mining operation in Zaire (now called the Republic of Congo).
Redaurum which has extensive diamond mining operations in South Africa and Zimbabwe has begun work on the first large-scale diamond mine in the USA.
M2 PRESSWIRE-August 13, 2019-: Global Diamond Mining Markets, 2014-2018 & 2019-2022 with Profiles of Rockwell Diamonds, Anglo American Plc, Gem Diamonds, Petra Diamonds, Lucara
Orapa Letlhakane and Damtshaa Mines general manager, Mr Bakani Motlhabani says Orapa mining region would remain sustainable beyond diamond mining.
The project, a 79.9sqkm diamond mining site is located next to the area where the 970-carat 'Star of Sierra Leone' diamond was discovered by miners on February 14, 1972.
Technavios market research analyst predicts the diamond mining industry to grow at a CAGR of around 5% during the forecast period.
The report contains an overview of Botswana's diamond mining industry together with the key growth factors and restraints affecting the industry.