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ALROSA to implement free screening health programs for employees in August

ALROSA, the world’s largest diamond mining company, will launch new programs for free medical screenings in different areas for employees starting in August.

Today

Opsydia to mark Lightbox synthetic diamonds

Opsydia, a spinout from the University of Oxford, announced a new laser technology that would address the problem of falsification in diamond industry.

Yesterday

More females head Lucara Diamond

Lucara Diamond has appointed Canadian geologist turned banker, Ayesha Hira, as its vice president of corporate development and strategy.

Yesterday

Lucapa, partners earn $2 mln from latest Lulo diamond sale

Lucapa Diamond and its partners Endiama and Rosas & Petalas have earned $2 million from the sale of alluvial diamonds from the Lulo diamond project in Angola.

Yesterday

A 20.47-carat diamond ring is a top seller at Christie’s, New York

A 20.47-carat brilliant-cut, D-colour, type IIa diamond ring fetched $2.7 mn at Christie’s Sales of Magnificent Jewels in New York on June 12, 2018.

Yesterday

Trade war worries diamond industry

20 april 2018

(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 decision to increase the tax on commodities like steel and aluminum has made global markets nervous. If Donald Trump decides to increase the duty on items such as gems and jewellery to check shipments from China, it will hurt India as well.

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