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Pavel Vinikhin: ALROSA will make a worthy contribution to the revival of the ‘Russian Cut’ Brand

ALROSA is known as the largest diamond mining company throughout the world. However, not everyone is aware that it has its own diamond-cutting division. For a long time, the activity of DIAMONDS ALROSA remained in the shadows, only occasionally attracting...

16 october 2017

William Lamb: Lucara now knows best routes to market large stones

Lucara Diamond recently announced that Graff Diamonds had bought its 1,109 carat diamond Lesedi La Rona for $53 million. The stone, which is the world’s second largest diamond found since the discovery of the 3,106-carat Cullinan diamond in 1905, failed...

09 october 2017

GSI was the first in the world to begin testing of smaller size diamonds in bulk and has never looked back since - Mark Gershburg

With more than 30 years of experience in the gem lab sector under his belt, Mark Gershburg is an industry veteran widely popular in the global gem and jewelry industry. He began his career in 1980 as a grader but his professionalism, creativity, and...

02 october 2017

Gaetano Cavalieri: Over the long term, demand for diamonds is likely to grow at a steady pace

The World Jewellery Confederation (CIBJO) represents the entire jewelry industry embracing a whole variety of companies, from those mining precious metals and gems to those, which are manufacturing and selling final products. The confederation...

25 september 2017

“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Lesedi La Rona: The big stone that didn’t lighten Lucara’s world?

16 october 2017

The high-end diamond game is played on a very small field by only a few players. Not many diamantaires have the financial muscle or the nerve to cut big diamonds.

Risks and advantages of Angola's ‘Udachnaya’ pipe

09 october 2017

Last May, it became known that ALROSA would buy a share in the Luele diamond pipe that is part of the Luaxe concession. The Russian company considers the Luele pipe as the largest among the deposits discovered over the last 60 years. This is a kind of a conditional forecast but, on the other side, it is not the first year that ALROSA studies this pipe and works at Catoca in the Lunda Sul province, located 20 km away from the Luele pipe. For the first time, the Russian specialists came to this area in 1995, and the Russian technologies were used to build Catoca’s beneficiation facilities, and over this period, it has become the fourth miner in the world by volume. Nowadays, Catoca accounts for 75% of the Angolan diamond production, and this year the mine will produce 6.5 mn carats worth $600 mn.

New Diamond Jewelry Demand Being Created by Changing Role Of Women

02 october 2017

De Beers may have arrived at the party a little late, but nonetheless new research that it published in its latest Diamond Insight Report provides detailed evidence about the rapidly changing role of women as diamond jewelry buyers. The research talks about "shifting relationship dynamics, women’s expanding roles in society and changing perceptions of femininity" which are creating "new motivations for diamond jewelry acquisitions".

Search for diamond deposits and junior exploration companies in Russia

25 september 2017

The founder of the Russian mining science, mineralogy and chemistry, Mikhail Lomonosov, in his treatise "The First Foundations of Metallurgy or Ore Mining" (1763) predicted the possibility of discovering diamonds in Russia's "midnight lands," having stated this in his book “On the Layers of the Earth”: “... In the north ... we cannot doubt that diamonds could have happened there ... and they can be found.” His prophecy came true in the 1980s, when the first primary diamond deposit on the Winter Coast of the Onega Peninsular was discovered and named after Mikhail Lomonosov.

Genuine transparency: Sine qua non for growth of Zim diamond industry

18 september 2017

Zimbabwean President Robert Mugabe claimed early 2016 that $13 billion was lost through leakages since diamond mining began in Marange in 2006. A local non-governmental organisation, Centre for Natural Resource Governance (CNRG) then said last July that the Kimberly Process Certification Scheme (KP) could have assisted Mugabe’s ruling ZANU PF to “plunder” diamond revenues since 2011.

Mir Disaster Puts Diamond Industry's Excellent Record In The Spotlight

11 september 2017

Just a month after the terrible disaster at ALROSA's Mir mine in Yakutia where eight miners lost their lives following a sudden flooding at the underground operation, attention turns to the safety record of the diamond mining industry. It might appear to be too soon to talk about the subject with the memory of the catastrophe still fresh in the mind and with families and friends of the eight miners still grieving terribly, but the accident nonetheless leads our attention to focus on the safety precautions and standards that are in place.

Looking towards better days...

04 september 2017

Of late many Indian diamond as well as jewellery companies have been hit hard due to the slowdown in the international consuming markets. On the one hand, there is insufficient demand, both from overseas markets as well as in the domestic market, as compared to earlier times; and on the other, payments from clients have been delayed leading to numerous problems for the Indian exporters. And rightly so, the industry is rather apprehensive regarding the oncoming Christmas season... what with the Jewellery Shows in US / HongKong this year turning out into a damp squib.

Southeast Asia: a treasure-trove of the world’s rarest pearls

28 august 2017

Southeast Asia is home to some of the world’s most beautiful pearls. Known for their big size and unique shine, South Sea pearls are very rare and therefore highly sought after. The Philippines and Indonesia have been known as Asia’s largest South Sea pearl producers. Outside of the region, Australia is also famous for making these rare gems. According to government figures, Indonesia became the world’s biggest producer in 2015 with a market share of 43 percent during that year, thereby overtaking Australia. It currently makes around 5.5 tons of pearls a year, but the Ministry of Trade claims the country has the potential to produce at least 20 tons annually. Indonesian pearls come in different colors from white to deep gold, while the Philippines is particularly famous for its golden pearls.

Children's jewelry – still something of an untapped market

21 august 2017

Children's jewelry is a sector of the market that has been quietly growing even though it receives little media coverage and is a much smaller part of sales than the adult sector. Traditionally, the children's jewelry sector has been composed of christening bangles and bracelets and commemorative brooches. However, it is now branching out to include earrings and charm bracelets, among other items. Meanwhile, the phenomena that is Pandora jewelry, has come about due sales largely to girls in 12-18 age group.

DRC: Poor value eclipses new status as world’s second largest diamond producer

14 august 2017

The Democratic Republic of Congo (DRC), a resource-rich country, yet very poor, had been bleeding, literally, for quite some time with no prospects for peace on the horizon. Apart from a never-ending war between the government troops and drug-crazed rebels, the country also plunged into a political turmoil as President Joseph Kabila refused to vacate office when his term came to an end last December. Apart from the instability, which dominates news headlines on a daily basis, the country registered a huge leap in diamond production last year.

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