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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

De Beers-Botswana Diamond Agreement Talks Set To Be A Tough Battle

09 june 2018

(idexonline.com) -

(idexonline.com) - Botswana’s President Mokgweetsi Masisi is reportedly looking for a new long-term diamond deal with De Beers when the sides' current 10-year agreement expires in two years which will include provisions for more stones to be cut and polished domestically. As with the last deal that began in 2010, both Botswana and De Beers have a strong incentive to reach an agreement: diamonds are a critical part of Botswana’s gross domestic product and foreign exchange earnings; meanwhile, more than 60% of the mining giant's diamonds come from Botswana.

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