KPCSC demands an end to the flow of ‘conflict diamonds’

The Kimberley Process Civil Society Coalition (KPCSC), which acts as an observer of the Kimberley Process on behalf of civil society, has demanded action from members of the diamond mining and jewellery industries to stop the ‘ongoing flow of...

22 october 2021

Antwerp welcomes DRC minister of mines

Antwerp, led by umbrella organization AWDC welcomed the new minister of mines of the Democratic Republic Congo, Antoinette N’Samba Kalambayi and the general directors of the ministry’s two main diamond institutes, the Center for Evaluation, Expertise...

22 october 2021

Diamcor diamonds fetch an average price of $192.07/ct

Diamcor Mining sold 2,516.91 carats of rough diamonds from its Krone Endora at Venetia Project in South Africa, generating gross revenues of more than $483 000. It said the diamonds sold resulted in an average price of $192.07 per carat.

22 october 2021

JUNWEX Moscow will be held at the end of October

Three pavilions (Nos. 55, 57 and 33) of VDNH – the Exhibition of National Economy Achievements permanently based in Moscow - will become the platform for the largest Russian jewelry industry forum, JUNWEX Moscow to be held from October 26 to...

22 october 2021

Lucapa improves core-earnings guidance as diamond industry recovers

Lucapa Diamond has reported a significant upgrade to its 2021 full year attributable guidance, which sees its full-year EBITDA increase by about 45% to between A$26 million and A$28 million following solid operational performances from both the Lulo...

22 october 2021

Diamonds, The Kimberley Process And Bullshit From The Stage

31 march 2017
(gemkonnect.com) - I was horrified when Martin Rapaport called the KP “bullshit” while taking questions on his presentation at the diamond industry Mines to Market conference organised by the Gem & Jewellery Export Promotion Council (GJEPC) in Mumbai over March 19 and 20. If the diamond industry stands mutely by while someone says the rough production data generated by the KP is worthless, it is telling the world that one of the pillars on which it rests its consumer assurance process is itself worthless. It is asking the world to rely only on mining company data. We all know what the global consumer thinks of that.