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What will the impact be of De Beers rough auction sales announcement?

A recent announcement to the diamond trade by Neil Ventura, Executive Vice-President, Auction Sales, at De Beers showed the direction that the mining giant heading in regarding auction sales. He said that the De Beers Auction Sales business has "acted...

Today

The measurability of beauty

This article opens a series of popular science publications about rough and polished diamonds, their properties and characteristics, peculiarities of their origin, mining, cutting and polishing and evaluation. And we start with the latter – a 4C system...

16 april 2018

In Depth with Eira Thomas, New CEO of Lucara Diamond Corp.

(thediamondloupe.com) - Eira Thomas was recently appointed as the new CEO of Lucara Diamond Corp., replacing William Lamb, who oversaw the successful creation of the world-class Karowe mine in Botswana. Thomas brings more than 25 years’ experience in the mining industry to...

Today

Trade war worries diamond industry

(economictimes.indiatimes.com) - Escalation in the US-China trade war is emerging as a major concern for India’s diamond trade. The US, a major buyer of gems and jewellery from India and China, levies a 6 per cent duty on imports. While this has not been altered, the Trump administration’s...

20 april 2018

Paying the Price of Not Taking Control

(ehudlaniado.com) - In the wake of the alleged scam by Nirav Modi and his uncle Mehul Choksi, a series of steps are being implemented in India, and none assume that the diamond industry is acting with integrity, transparency or reliability. Of course, most diamond trading...

19 april 2018

De Beers’ Namibian unit offers 240k ct to Namdia, local sightholders

Today

The Namibian government said more than 240,000 carats of Namdeb run-off mine were offered to Namib Desert Diamonds (Namdia) and local sightholders at a value of $360 million in the 2017/18 financial year compared to $292 million in the 2016/17 financial year.

Mountain Province announced results of its third diamond sale of 2018

Today

Mountain Province Diamonds Inc.  announced the results of its recently completed third diamond sale of 2018.

Fura Gems Inc. aims at expanding the coloured gemstone business in India

Today

Fura Gems Inc is aggressively looking at organizing the $2 bn gemstone market globally and is targeting a market share of 8% - 10% in the next 3 years.

ALROSA reports Q1 2018 production and preliminary trading performance

20 april 2018

ALROSA Group’s diamond production for Q1 2018 totalled 7.4 million carats, down by 17% year-on-year.

Forevermark supports women advancement

20 april 2018

Forevermark, the diamond brand from the De Beers Group of Companies, promoted gender equality and displayed its stunning Red Carpet Collection 2018 through a unique fashion show of models and women achievers on 18, April at the Four Seasons Hotel, Mumbai.

Lucapa says kimberlite L164 flagged for follow-up work

20 april 2018

Lucapa Diamond said Remote Exploration Services (RES) has found kimberlite L164 under the Lulo kimberlite exploration programme in Angola to be of interest and highlighted it for follow-up work based on its high indicator mineral count.

Lesotho mulls extension of Gem Diamonds’ Letšeng mining lease to 2034

20 april 2018

Gem Diamonds said the government of Lesotho has indicated its intention to renew the Letšeng mining lease until 2034. It said in a statement that the mining lease may be further extended if necessary in relation to any underground development of the mine thereafter.

Firestone boosts Q3 diamond sales, output

20 april 2018

Firestone Diamonds said it sold 217,380 carats from its Liqhobong mine in Lesotho in the third quarter of the company's 2018 financial year compared with 156,942 carats recovered in the second quarter.

Zimnisky: Hard to protect lab-diamond price as production methods, economics improve

Paul Zimnisky, an independent diamond industry analyst and consultant, said it will be very difficult for the lab-diamond manufactures to protect price as production processes and economics improve. He told Rough & Polished’s Mathew Nyaungwa in an exclusive...

Today

James Campbell: Scoping study results for SA’s Thorny River due mid-year

Botswana Diamonds appeared to have expended most of its energy and resources last year on the new Thorny River project in South Africa as its Sunland Minerals joint venture with Alrosa, in Botswana takes long to find diamonds despite significant effort...

16 april 2018

MGCJ founder Branko Deljanin: Production of synthetic diamonds is still larger than consumption

Founder and Chairman of the Mediterranean Gemmological and Jewellery Conference, MGJC, Branko Deljanin kindly agreed to answer questions from Rough&Polished related to synthetic diamonds and the upcoming 4th session MGJC in May in Budva, Montenegro.

09 april 2018

There is some magic in a diamond

Alexander Gorynya is a Director General of the St. Petersburg-based Kongo jewellery company. He is a Chairman of the Union of North-West Jewellers. In 1978, he graduated from the North-Western Extramural Polytechnic University. Since 1983, he worked...

02 april 2018

Looking for the Kimberley Process achieving further and meaningful sustainable progress

On March 7, 2018, the United Nations General Assembly welcomed the progress made by the Kimberley Process Certification Scheme to break links between the diamond trade and conflict and adopted a consensus resolution aimed at intensifying that work aligning...

26 march 2018