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Botswana Discovers That Beneficiation Process Not So Easy

When the Diamond Trading Company decided to move the bulk of its services to the Botswana capital of Gaborone in 2011, it was due to mark the start of a new chapter in the diamond industry. Instead of transferring the country's rough diamonds out...

19 june 2017

Godlike pontification

I love stories about distorting facts to please business interests. Dear readers, I have prepared another one for your attention. From time to time, every one of us wants to feel being God, or at least a preacher, and pronounce fiery speeches, full of...

12 june 2017

Report Sees Luxury Sector Sales Rising – But Challenges Abound

(idexonline.com) - Has the luxury market turned a corner, helped by a recovery in sales in mainland China and elsewhere? After decreasing by around one percent in 2016 – the first decline in seven years – the personal luxury goods market appears to be turning around, according...

23 june 2017

Is This Lab-Grown Diamond Company Trolling the Trade?

(jckonline.com) - I came across a release from Ada Diamonds, a Silicon Valley–based, lab-grown diamond distributor: Ada Diamonds…recently discovered a number of undisclosed mined diamonds mixed into multiple parcels of laboratory-grown melee diamonds, ranging from 0.01...

22 june 2017

Sierra Leone: Feature-Bridge in Sierra Leone Sparks Row Over Diamond Mining

(allafrica.com) - A dispute over a bridge in eastern Sierra Leone thought to span diamond deposits has divided a local community with a foreign mining company accused of illegally mining the area after volunteering to rebuild the overpass. The Congo Bridge in Koidu, the...

21 june 2017

Angola’s Endiama surpasses 2016 diamond output target

23 june 2017

Angola’s state-owned diamond mining company Endiama produced 9.21 million carats of diamonds last year, exceeding a target of 9 million carats set by the ministry of planning and territorial development.

ALROSA said three members left its Executive Committee

23 june 2017

On Thursday, the Supervisory Board of ALROSA decided to terminate the powers of three members sitting on its Executive Committee - Ilya Ryaschin, Sergey Pushkin and Valery Serov.

Independent Gemfields committee accuses Pallinghurst of dirty tricks

23 june 2017

An independent Gemfields committee has urged shareholders to take no action at this time in relation to the unsolicited Pallinghurst offer.

SA Deputy President urges talks between Govt, miners on Charter

23 june 2017

South African Deputy President Cyril Ramaphosa has called for talks between government and the mining industry to recraft the Mining Charter.

Italy police seize bank documents in diamond sales probe

23 june 2017

Italian tax police seized documents from the offices of five lenders on Wednesday in an investigation over alleged fraud in relation to the distribution of diamonds to bank customers, three sources with knowledge of the case told Reuters.

Engagement-Ring Prices Stable at $3.4K

23 june 2017

The price of engagement and wedding rings in the US hasn’t changed much since last year, according to data that research group The Wedding Report released Monday.

De Beers eyes investments in start-ups

22 june 2017

De Beers has set up a new subsidiary, De Beers Ventures, which will “actively” acquire minority equity stakes in start-ups and growth companies.

ALROSA President conducted test drive of 450-ton BELAZ truck

22 june 2017

A delegation of ALROSA visited OJSC BELAZ in the Republic of Belarus on Wednesday. Sergey Ivanov, President of ALROSA and Vladimir Kozlov, the company’s Vice President got acquainted with the production of the dump trucks, which are well-known all over the world, and discussed the terms of possible equipment supplies for ALROSA’s new projects with the top management of BELAZ.

Proximity doesn’t matter, your pocket does: Tanzanians interested in tanzanite jewellery can testify

Tanzanite, a rare blue/purple gem, was discovered in the Merarani Hills of Manyara Region in northern Tanzania in 1967, a few miles from Arusha and Mount Kilimanjaro. It is used as a gemstone and of late Tanzanians are manufacturing quality jewellery...

19 june 2017

Global demand for polished diamonds will remain steady – Ali Pastorini

Ali Pastorini, senior vice-president of the World Jewelry Hub, answered questions from Rough & Polished concerning the world diamond market, preferences of consumers and role of bank crediting.

13 june 2017

Eternal values in Malaya Bronnaya Street

The assay supervision in Russia is 317 years old. Much younger is the Moscow Gemological Certification Centre (MGCC) established under the Assay Chamber and located in the same ancient respectable mansion at 18, Malaya Bronnaya Street. The MGCC employees’...

05 june 2017

Diamonds will have the greatest potential in 2017

Mumbai-based Rajesh Bhagat, India Consultant of Hong Kong Trade Development Council (HKTDC) who oversees HKTDC’s operations across India, Sri Lanka and Bangladesh, has been assisting companies, particularly small and medium enterprises (SMEs) in the...

29 may 2017

Tanzania to cautiously extend ban on export of rough gemstones from tanzanite

Tanzania, which imposed a ban on the export of rough tanzanite more than 1 gram to encourage local beneficiation, said it will cautiously extend the moratorium to other precious stones in the country once it has the capacity to cut and polish all gemstones...

22 may 2017