Will the diamond market face obstacles on the way toward new records?

It appears from all the available indicators that the diamond market is entering the holiday season with insufficient inventories at all value chains due to the reduction in supply. The jewellery sales remain strong, and early data on the Americans'...

Today

Russian jewellers were fostered by impecunious buyers

The news that the Russian Ministry of Finance set out to create a marketplace focused on the export of Russian-made jewellery to the global market was widely discussed among the Russian jewellery market players. What the Russian jewellery industry can...

10 january 2022

2021’s Diamond Person of the Year

(diamonds.net) - It was an especially extraordinary time for the diamond and jewelry trade. The industry had its best year in over a decade, with strong retail sales boosting polished demand and rough trading. So, when the Rapaport editorial team sat down to discuss...

Today

The Impossible New Diamond Setting

(idexonline.com) - Back in 1886 Charles Tiffany introduced his game-changing six-prong solitaire setting to a diamond industry that was still in its infancy. Diamonds had, until then, been set in a bezel so that only the crown was visible, and much of the main attraction...

14 january 2022

Flawed diamonds may provide perfect interface for quantum computers

(phys.org) - Flaws in diamonds—atomic defects where carbon is replaced by nitrogen or another element—may offer a close-to-perfect interface for quantum computing, a proposed communications exchange that promises to be faster and more secure than current methods...

13 january 2022

UAE gold jewellery demand shows recovery after lockdown

Today

After almost a year of lockdown and strict restrictions due to the COVID-19 pandemic, UAE’s gold jewellery demand is now witnessing recovery compared to the same period last year.

Zim steel manufacturers back chrome ore export ban

Today

The steel manufacturing sector in Zimbabwe has backed the government’s decision to ban the export of chrome ore as this will help them secure ferrochrome at lower prices. Harare announced the chrome ore and chrome concentrate export ban in August last year. However, the chrome concentrate export ban will come into effect in July this year.

The head of Yakutia advocates the construction of an underground mine at Yubileinaya

Today

The head of Yakutia, Aisen Nikolaev spoke in favor of building an underground mine at the Yubileinaya diamond pipe located 30 km northwest of the village of Aikhal, in an interview with Interfax during the Gaidar Economic Forum held last week in Russia.

Zim gold output up 55% in 2021

Today

Gold deliveries to Fidelity Printers and Refiners rose by 55% in 2021 to over 29 tonnes compared to 19 tonnes, a year earlier, according to the Reserve Bank of Zimbabwe (RBZ). The central bank governor John Mangudya said large gold miners produced 11 tonnes while small scale miners contributed 18 tonnes.

Geologists will start prospecting for diamonds in the north of Krasnoyarsk Territory in Russia in an area with resource potential of 150 million carats

14 january 2022

The Ministry of Ecology and Rational Nature Management of the Krasnoyarsk Territory and ALROSA signed an agreement to explore promising diamond-bearing areas in the Evenk District in the north of the Krasnoyarsk Territory, the resource potential of which is 150 million carats, according to a press release from the ministry published on Friday.

Tharisa maintains FY2022 production guidance

14 january 2022

Tharisa, a platinum group metals (PGMs) and chrome co-producer, has maintained its fiscal year 2022 production guidance of 165 000oz to 175 000oz PGMs (6E basis) and 1.75 million tonnes to 1.85 million tonnes of chrome concentrates. It, however, said the COVID-19 pandemic remains a risk to the company, and guidance is premised on the current level of economic activity is maintained.

Mountain Province Diamonds announced Full Year 2021 production and sales results

14 january 2022

Mountain Province Diamonds Inc. announced production and sales results for the full year ended December 31, 2021 from the Gahcho Kué Diamond Mine. Full-year 2021 production of 6.23 million carats against the guidance of 6.30 - 6.50 million carats.

Zambia optimistic about gemstone sector’s future

14 january 2022

The Zambian government has expressed optimism about the future of the country’s gemstone sector and the mining industry in general.

New Angolan diamond marketing policy helps lift rough prices – Wetherall

The Angolan administration of President João Lourenço introduced technical regulations for its new diamond marketing policy in 2018 whose objective was to improve the attractiveness and competitiveness of the national diamond industry and grow outside...

Today

LGDs will continue to be an option for consumers, from the high-quality bridal market to the fashion market

Richard Garard is a founding member of the International Grown Diamond Association, which was established in 2016.  He serves on the Executive Committee of IGDA as President and Secretary General. IGDA was created to represent, promote and...

10 january 2022

Everything is design and design is everything

Born in the Basra pearls family, the first private jewelers to royal families, Ashraf Motiwala is the fourth generation to carry forward the legacy of A S Motiwala. Spearheading the prestigious family legacy, Ashraf Motiwala felt the need to breathe...

03 january 2022

Typical Jeweller is the initiative to promote the Russian jewellery industry

Typical Jeweller is one of the largest websites on the Russian Internet for the new generation jewellers. The total audience, including social media, is over 100,000 people per month. Every day, the latest news from the jewellery industry, educational...

27 december 2021

Johan Erikson: Demand for Natural Diamonds will always remain strong

First Element is a fully independent Diamond Services Company registered in Belgium and South Africa which has become one of the premier diamond valuing, marketing and cleaning companies in the industry. First Element is committed to providing a world-class...

20 december 2021