India’s exports of Gems and Jewellery increased 9.85% to $43.16 bn in FY17 (provisional data in April 2016 to March 2017) vis-a-vis $39.24 bn in FY16 (April 2015 to March 2016). Gross exports of cut and polished diamonds in FY17 increased...
Firestone Diamonds said it produced 103,000 carats during the third quarter of its fiscal year, including 31 special stones larger than 10.8 carats, from Liqhobong mine in Lesotho.
Mountain Province Diamonds reported that its diamond sales from the Gahcho Kué project fell below expectations during the first quarter ended March 31, 2017.
Sociedade Mineira Do Lulo (SML), which is 40 percent-owned by Lucapa Diamond recorded a 54 percent drop in sales to $10.7 million during the first quarter of the year from $23.1 million, a year earlier.
Sotheby’s New York auction fetched a total of $29 million in jewelry sales on Tuesday.