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With new mines on the way, Canada consolidates third-largest rough diamond producer position

While Kimberley Process Certification Scheme figures for 2015 showed that Russia is by far the world's largest diamond producer and Botswana in second place, they also show that Canada continues to consolidate its position as the world's third-largest...

22 august 2016

Second-tier companies in global diamond mining - Lucara Diamond Corporation

Lucara Diamond Corporation is among the upswing diamond companies set up quite recently. The Company has a 60% share in the AK6 kimberlite project at the Karowe mine in Botswana. It also has a diamond project Mothae in Lesotho and a Kavango project in...

15 august 2016

The Growing Rareness of Pink Diamonds

(ehudlaniado.com) - So far in our examination of fancy colored diamonds, we have looked at the most common, yellow, and one of the least common fancy colors, blue. However, pink diamonds are perhaps the most sought after of all fancy color diamonds because of their beauty...

Yesterday

The Diamond Penny Begins to Drop

(idexonline.com) - In the grand scheme of the diamond industry, a year doesn’t seem like such a long time – after all, it takes millions of years, and now, expert drilling techniques to help remove diamonds from their earthen beds. However, things at the consumer end of...

25 august 2016

Failed monetary policies lift gold

(gold.org) - Analysts are scrambling to increase their gold price forecasts, as the gold price continues to rise. The gold price breached US$1,360/oz for a second time in 2016, a level previously seen in early 2014. A weak Japanese bond auction on August 2nd unnerved...

24 august 2016

Endiama to regulate semi-industrial, artisanal diamond mining in Angola

Yesterday

The Angolan government through the state-owned diamond company Endiama is drafting regulations to formalise semi-industrial and artisanal diamond mining the operations in the country.

Kennady Buys Mine Sites Next to Gahcho Kué

Yesterday

Kennady Diamonds acquired six mining leases from GGL Resources Corp. adjacent to the high-value Gahcho Kué mine in Canada for $154,949 (CAD 200,000) in cash.

Lucara invests $30m to recover small diamonds at Botswana mine

Yesterday

Lucara Diamond said it will install more of the “highly successful” XRT technology to process finer size fractions at its Karowe mine in Botswana.

ADPMF returns to Ghana in September 2016

Yesterday

The Dubai Multi Commodities Centre (DMCC) has announced the second edition of the Africa Dubai Precious Metals Forum (ADPMF). The Forum, which will focus on the theme ‘Connecting Africa to the World’, will be held at the Kempinski Hotel in Accra,

Diamcor seeks funds for further development of SA project

Yesterday

Diamcor has announced a C$5-million ($3.9 million) brokered private placement for the acquisition of additional operational equipment and materials for further development of the Krone-Endora at Venetia project, in South Africa.

Brilliant Earth provides funding for second year of Brilliant Mobile School

Yesterday

The Diamond Development Initiative (DDI) announced a grant from jewelry retailer Brilliant Earth for the mobile schooling program in the DRC.

India’s polished diamond exports in July up 0.85%; rough imports up 27.26%

25 august 2016

India’s cut & polished diamond exports for July 2016 amounted to $1.65 bn as against $1.63 bn in July ’15, a marginal increase of 0.85 percent.

Debmarine Namibia’s new offshore diamond exploration vessel almost complete – report

25 august 2016

Debmarine Namibia’s new offshore diamond exploration vessel is now in the final phase of construction after its arrival in Cape Town, South Africa last week from Norway.

Diamond should always be the real thing - Ali Pastorini

Ali Pastorini, Senior Vice-President of the World Jewelry Hub in Panama City and owner/partner of DEL LIMA JEWERLY in an interview to Rough & Polished talked about the trends of the jewelry market in Latin America, the preferences of its consumers...

22 august 2016

We are in a seasonally quieter period for demand – De Beers

De Beers’ rough diamond production dropped 15 percent to 13.3 million carats during the first half of 2016 compared to 15.6 million carats, a year earlier, reflecting the decision to reduce production in response to prevailing trading conditions in the...

15 august 2016

The task set before industry is to provide consumer with maximum information about diamonds we sell

(Interfax.ru) - After “conflict diamonds” have been virtually excluded from the market by the Kimberley Process (KP), the latter, as well as the World Diamond Council (WDC) found they...

08 august 2016

"I believe that honesty, integrity, and impeccable customer service are the key points to maintaining a long-lasting company” - Leibish Polnauer

More than 35 years ago, Leibish Polnauer entered the industry, trading in fancy cut diamonds but soon the love for color drew him into the fancy colored diamond sector. The mid 90s saw him develop his first online website and he eventually became one...

08 august 2016

Diamond Centre as Part of Olonkholand

Lena Fyodorova, Director of Olonkholand Complex Design Company told Rough&Polished about the possibilities arising with the creation of the Diamond and Jewellery Centre in Yakutsk within the framework of the Olonkholand Complex.

01 august 2016