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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.

Today

Petra raises $170 mln to lower swelling debt

Petra Diamonds said its shareholders have approved a rights issue to raise about $170 million to help lower its debt, which was $622 million at the end of March.

15 june 2018

Stornoway Announces Board Appointment

Stornoway Diamond Corporation announced the appointment of Michele S. Darling to the Corporation’s Board of Directors.

15 june 2018

Mugabe will no longer give evidence on missing Marange diamond revenue – report

Zimbabwe former president Robert Mugabe will no longer appear before a parliamentary portfolio committee on mines to give oral evidence about Marange diamond revenue pillaged during his rule, according to media reports.

15 june 2018

Queen Mary’s diamond tiara is back for the Royal Wedding

Meghan Markle chose to wear Queen Mary’s Diamond Bandeau tiara for her wedding to Prince Harry on May 19, 2018. The tiara belongs to Queen Elizabeth II, who lent it to Meghan for her wedding day.

15 june 2018

All-women mining rescue team sets sights on international competition in Russia

14 june 2018
(cbc.ca) - An all-female mine rescue team thinks it could be the first of its kind to participate in the International Mines Rescue Competition in Ekaterinburg, Russia, later this year. The week-long competition includes many different events — from firefighting to first aid and a rescue simulation. Heather MacKenzie is one of the team members of Diamonds in the Rough. She grew up in Yellowknife and works for a mining company in the Northwest Territories. "The fact that we're putting together this team, we're ensuring that this competition will have double the amount of women that were at the last international [competition]," said MacKenzie. She said she's always been a minority as a woman in the mining industry, and that is the same in mining rescue. "It's often seen as a position that women don't generally hold," she said. MacKenzie is currently training for a territorial competition with her company, which will help her prepare for the international competition in Russia. For about a month, she'll train for 12 to 16 hours a day. "I've always been a competitor," said MacKenzie. But there is one problem: funding.

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