Zim-Russia platinum project: a dream deferred?

It was reported on 16 September 2014 that Zimbabwe’s Pen East Investments had teamed up with Vi Holdings through its JSC Afromet subsidiary, to form Great Dyke Investments (GDI), which planned to develop a $3 billion platinum mining project in...

20 june 2022

Changes in China’s diamond and jewellery industry in recent years…

During the past few years, China’s diamond and jewellery industry has been growing in leaps and bounds, reaching the second largest market next only to the US. But in the last couple of years, due to the outbreak of Covid-19, China’s growth had slowed...

13 june 2022

China backs Russia in opposing bid to redefine conflict diamonds

(mining.com) - China has joined Russia in opposing an effort to redefine conflict diamonds to include those sold by individual nations, as a rift between Western and pro-Russia nations jeopardizes the process for certifying rough diamonds as conflict-free. Ukraine...

Yesterday

New Realities: State of the Diamond Industry

(diamonds.net) - The diamond industry is undergoing fundamental disruption as political, economic and social forces break the supply chain, reduce demand, and shift consumer attitudes. We are heading into a perfect storm with new realities, challenges, and opportunities...

22 june 2022

The Man Who Keeps Talking About Russian Diamonds

(jckonline.com) - Continuing my resolution to speak to more people I don’t entirely agree with, I was happy to chat at JCK Las Vegas with Tom Neys (pictured), head of media relations for the Antwerp World Diamond Centre (AWDC). Since joining the Belgian...

20 june 2022

ALROSA informs on the situation regarding the next coupon payment under Eurobond 2027

Yesterday

PJSC ALROSA (the Company) provides the following update on the coupon payment of $7,750,000 due 25 June 2022 on $500,000,000 Eurobonds issued by Alrosa Finance S.A. (Luxembourg) (the Issuer) and maturing in 2027.

Pandora casts out its net in Portugal

Yesterday

Pandora takes over 34 locations from its distributor Visão do Tempo to assume full ownership of its Portuguese business.

Zero VAT will turn diamonds into yet another investment vehicle within Russia

Yesterday

According to media reports from the Cheboksary Economic Forum, Deputy Finance Minister Alexei Moiseev, who is attending the forum, said that the government of the Russian Federation approved the introduction of a zero VAT rate on rough and polished diamonds.

Russian gold arrives in Switzerland

Yesterday

In May, Switzerland imported a cargo of gold from Russia for the first time since Russia launched a special military operation in Ukraine, which is evident from the published Swiss customs data, according to a report by Reuters.

WDC President calls on the KP to move forward or risk a two-tier market with dire consequences

23 june 2022

Highlighting the proven ability of natural diamond resources to serve as a driver for the development of sustainable economies and societies, World Diamond Council President Edward Asscher warned that this potential is threatened if the Kimberley Process doesn’t evolve to address the challenges of today.

Gokhran may get the right to export precious stones and precious metals

23 june 2022

It is proposed to give the Gokhran, Russia’s state repository, the right to sell precious metals and precious stones from the State Fund of Russia in international markets, judging by the materials prepared for the meeting of the Government Commission on Legislative Activity, which considered the relevant bill on Monday.

De Beers ups its diamond sales by 7.6% in fifth sales cycle

23 june 2022

Anglo American plc announced the value of rough diamond sales (Global Sightholder Sales and Auctions) for De Beers’ fifth sales cycle of 2022, amounting to $650 million, which is 7.6% higher compared with $604 million earned in the fourth sales cycle.

Lucapa Diamond gets nod for further diamond exploration at Orapa in Botswana

23 june 2022

Lucapa Diamond Company announced the renewal of its exploration licence for the 100% owned Orapa Area F Project in Botswana. The exploration licence has been approved for a further two years commencing 1 July 2022, expiring 30 June 2024.

Most people see great potential in the growth of LGD jewelry market

Currently Wayne Wang-Wang Yichun is the General Manager, LUSANT - Incubation Project Management Department of Yuyuan Jewelry Co., Ltd. He was the General Manager of Shanghai Yuyuan Jewelry Co., Ltd - A Fosun Group Company; and General Manager of international...

20 june 2022

De Beers sees good potential for exploration activities in Angola

De Beers recently signed two mining investment contracts (MICs) with the Angolan government for licence areas in the provinces of Lunda Norte and Lunda Sul. The MICs for the two licence areas are for the award and exercise of mineral rights covering...

13 june 2022

Ali Pastorini: The jewelry consumer does not evaluate the brand only by price

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

06 june 2022

“We aim to bring in a different kind of a jewellery experience for the consumers,” says Vaishali Banerjee, Managing Director, PGI-India

Vaishali Banerjee made a shift from the advertising and marketing industry to the jewellery industry to create category awareness for a metal that was lesser-known in the subcontinent. Initially, it was all about category creation in a vibrant, mature...

30 may 2022

Demand for large lab-grown polished diamonds will grow in high-income countries

Anastasia Shramko is an expert in precious stones, rough and polished diamond market, and an analyst. She is an author of the course “Lab-Grown Diamonds: Gemology and the Market” conducted on the site and in collaboration with the GemAcademia (International...

23 may 2022