Alrosa, India agree to tighten relationship
Alrosa and India’s Gem & Jewellery Export Promotion Council (GJEPC) have inked an agreement to let the Russian miner sell diamonds in India at preferential tax rates.
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These were the top producing diamond mines in 2016
While diamond industry experts warn that demand is expected to outstrip supply as early as 2019, the largest mines keep producing the coveted rocks at full steam.
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.
De Beers to auction polished diamonds manufactured directly from its own rough
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.
De Beers rough diamond sales for Cycle 4, 2017
De Beers Group today announced the value of rough diamond sales (Global Sightholder Sales and Auction Sales) for the fourth sales cycle of 2017.
Graff Diamonds buys Lesedi La Rona shard
Graff Diamonds has revealed that it acquired the 373.72-carat rough fragment that fell off the Lesedi La Rona diamond — and says it has the potential to yield a “significant polished stone.”
374ct. diamond fragment fetches $17.5M
Lucara Diamond Corporation has sold a stone that was originally part of the second-largest rough diamond in history for more than $17 million.
De Beers Group returned $5 billion to its partners last year
De Beers increased returns to governments, communities, supply chain partners and its joint venture partners by 26 percent to $5 billion in 2016, according to its latest Report to Society, published today.
De Beers aims for carbon-neutral mining
De Beers is looking to make some of its mines carbon-neutral within half a decade by storing carbon dioxide inside kimberlite rocks.
De Beers Canada receives two top national safety awards
De Beers Canada received two prestigious national safety awards at the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) annual convention awards gala on May 1.
World Diamond Council praises start of KP reform cycle
World Diamond Council (WDC) members representing every sector of the diamond industry, joined together for the Kimberley Process Intersessional Meeting in Perth running from May 1 to 4.
Manufacturing should be in line with market demand
Ernie Blom, the President of the World Federation of Diamond Bourses (WFDB) for the third term, has served on a range of industry bodies as an executive as well as chairman for many years, including Chairman, Diamond Dealers Club of South Africa; Chairman, Rough Diamond Dealers Association; Chairman, Master Diamond Cutters Association; Chairman, Jewellery Council […]