Alrosa, Angola sign deal on new $35B mine
Alrosa has partnered with Angolan national diamond company Endiama to develop the African nation’s largest kimberlite deposit, claiming the project could be worth more than $35 billion.
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Alrosa has partnered with Angolan national diamond company Endiama to develop the African nation’s largest kimberlite deposit, claiming the project could be worth more than $35 billion.
De Beers Group announced the 18th May that its Auction Sales business will pilot the sale of its own polished diamonds using auctions for the first time. The sale will comprise a wide range of polished stones manufactured directly from its rough diamonds.
CSR, Corporate Social Responsibility, is—we’re sure you will agree—very much in vogue. And the diamond industry is no exception, which is good news as it goes! Signet and Tiffany have in recent weeks been the focus of attention for their ethics and their commitment.
Synthetic, lab-grown, artisan-created, man-made, or cultured. Whatever you choose to call them, lab-grown diamonds are highly controversial these days, and the diamond media reports regularly on new developments in this growing industry.
A heart-shaped diamond, bought for just under $15 million at Christie’s in Geneva, set a new record for a heart-shaped diamond sold at auction.
The diamonds formerly known as the Apollo Blue and Artemis Pink are now officially the world’s most valuable earrings.
Diamond market overview There was overall steady demand for polished over the past week. Some traders were cautiously optimistic about the JCK trade show in Las Vegas early June, citing selective restocking in the retail market.
Members of the Responsible Jewelry Council (RJC) have elected Didier Théraulaz of Piaget as vice chairman, and reelected De Beers’ Feriel Zerouki as honorary treasurer, the organization said Monday.
Indian banks have supported the Indian gem and jewellery industry over the years, so much so that today the sector has grown to become a world leader.
Sarine Technologies, which supplies equipment to diamond manufacturers, saw sales increase in the first quarter, reflecting improved sentiment in the cutting and polishing sector.
Jewelry sales at Richemont — owner of Cartier and Van Cleef & Arpels — increased 7% in the past fiscal year, standing out as a rare growth sector for the luxury group.
At 8 a.m. Tuesday, Tiffany & Co. posted a note written expressly for Donald Trump on its Facebook page.