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Everyone must get out of the shadows: How to change Russian legislation regulating the turnover of precious stones and precious metals

The overregulation in Russia’s trade in precious stones and metals has put some part of the country’s jewelry market into the shadow economy, and small workshops are balancing on the edge of ruin. At the same time, the extractive industry continues to...

09 july 2018

One Carat Rounds – Largely Stable, With Some Exceptions

A few months ago, we looked at the changing prices of third carats, and then we examined the price trend of two-carats. This week we examine the price trend of what is considered the standard diamond – the one-carat round.

02 july 2018

Inside Tracr, the De Beers–Developed Blockchain Platform

(jckonline.com) - Like any good piece of technology, Tracr, the blockchain platform currently being developed by De Beers, aims to solve problems. What’s notable about this technology is that  it aims to relieve no less than five of the industry’s enduring headaches...

Yesterday

De Beers Starts Work on Lab-Grown Diamond Factory

(jckonline.com) - So, it seems this is really going to happen. De Beers, which sent shockwaves through the trade before JCK Las Vegas when it announced that it would sell lab-grown diamonds, held a ceremony this week in Gresham, Ore., to kick off construction of its first...

19 july 2018

50% jump in Swiss Bank deposits by Indians: Rahul targets Modi on black money

(nationalheraldindia.com) - Congress President Rahul Gandhi said that the Modi government had carried out demonetisation to supposedly curb black money but its stance now was totally different. Congress President Rahul Gandhi on Friday targeted Prime Minister Narendra Modi on the...

18 july 2018

ALROSA helped 32 seriously ill children see the football stars

Yesterday

ALROSA, the world’s largest mining company, helped 32 seriously ill children make their wishes come true and go to the World Cup in Russia FIFA 2018™.

De Beers lifts Q2 output to 9 mln cts

Yesterday

Anglo American said De Beers’ rough production jumped 3 percent to 9 million carats in the second quarter of the year from 8,7 million, a year earlier, reflecting sustained healthy trading conditions.

Pangolin acquires significant stake in AK10 kimberlite

Yesterday

Pangolin Diamonds has signed a joint venture agreement with Makanwu Civil Blasting (MCB), a private company in Botswana, which granted it the sole and exclusive option to earn up to a 75 percent interest in the AK10 diamond project.

Arkhangelskgeoldobycha may eventually be bought by ALROSA

Yesterday

According to an article published today by the Kommersant Daily, Russia’s Central Bank raised multibillion claims against the Otkrytie Holding and the latter might need to sell Arkhangelskgeoldobycha (AGD), which is developing the Grib diamond field in the Archangelsk Region.

Institutional Investor ranks Sergey Ivanov among the best CEOs in the mining sector

19 july 2018

Sergey Ivanov, the CEO of ALROSA, was named one of the best CEOs in the mining sector, according to Institutional Investor’s ranking.

Merlin recovers 32 pink diamonds

19 july 2018

ASX-listed Merlin Diamonds said Tuesday that it recovered 32 pink diamonds, totalling 6.63 carats from its Merlin mine, in the Northern Territory, Australia.

Zim traditional leaders concerned about diamond leakages – report

19 july 2018

Traditional leaders in Zimbabwe’s Manicaland Province said there is need for government to ban the allocation of business licences to foreigners in order to limit the leakage of diamonds through illegal channels.
 

Moscow to host Jewellery Charity Ball 2018

19 july 2018

September 26, 2018, the sixth Jewellery Charity Ball “In honor of Russian jewelers” will be held in Moscow in a ceremonial hall of the Guild of Russian Jewellers. The ball is organized by the Guild of Russian Jewellers and industrial media holding JUNWEX.

Botswana Diamonds’ Campbell on Zim jaunt: We are interested in Kaapvaal Craton

Botswana Diamonds and Vast Resources, recently signed a memorandum of understanding to prospect for diamonds in Zimbabwe. The two companies will exchange information derived from past exploration on areas prospective for diamonds in the southern African...

09 july 2018

“Every Forevermark diamond has a unique inscription number which is an assurance that the diamond is beautiful, rare and responsibly sourced,” says Sachin Jain

Sachin Jain, President-Forevermark, joined the company - a wholly owned subsidiary of the De Beers Group - as the Head of Retail in 2010. He was swiftly promoted to the Managing Director in 2011… to later become the President in year 2013. Sachin started...

02 july 2018

In a world where transparency is more and more the standard, our business must address the lab grading issue willingly

Jeweler-Designer Arnaud Flambeau started his career in the jewelry business in 1993 at European Gold Company CLAL as Key Account Manager for the Jewelry Division, where he was in charge of international brands like Cartier or VCA and their subcontractors...

25 june 2018

Vallabhbhai Shamjibhai Patel tells about the ongoing construction of the Surat Diamond Bourse

The under-construction Surat Diamond Bourse (SDB) is India's second diamond trading hub based at Surat, Gujarat, spread across 35.54 acres with more than 4,000 offices for national & international traders. On the onset, the project which...

18 june 2018

The strategy of regulating the Russian jewellery industry

At the General Meeting of the Russian Jewellers Guild Association held in April, two principally important documents were adopted: The Strategy of Regulating the Jewellery Industry of Russia and The Charter of a Good Faith Taxpayer. Besides, the issues...

13 june 2018