Improved global demand lifts Namibia diamond production index

Improved global demand has helped bolster Namibia’s Diamond Production Index, which rose by 5.4% in November 2021, according to media reports. New Era quoted Namibia Statistics Agency (NSA) as saying that the November jump was compared to...

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Industry’s first B2B event ‘JGT Dubai’ slated for 22 to 24 Feb, 2022

The inaugural edition of Jewellery, Gem & Technology Dubai (JGT Dubai), the industry’s first in-person B2B event of the year will take place from 22 to 24 February at the Dubai World Trade Centre (DWTC).

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ALROSA produces 32.4 mln carats of rough diamonds in 2021

ALROSA announced on Friday that rough diamond production in Q4 2021 reached 9.1 million carats, up 29% QoQ 2020. The company's diamond production for the full year of 2021 was 32.4 million carats, which is 8% more than in 2020.

21 january 2022

SODIAM selects specialised service providers for Angola diamond exchange

Angola National Diamond Trading Company, SODIAM has selected companies that will boil diamonds and host tenders for the soon-to-be-established Angola Diamond Exchange. The country opened the selection process in May 2021.

21 january 2022

India’s c&p diamond exports up 2.85% in December 2021; rough imports too up by 19.31%

India’s export of cut & polished diamonds at $ 1770.61 mn in Dec 2021 recorded a growth of 2.85 per cent as compared to $ 1721.61 mn for the Dec 2020. Rough diamond imports for Dec 2021 registered $ 2098.49 mn as compared to $1758.85 for Dec 2020, a...

21 january 2022

Beneficiation: A Road Worth Traveling, But Destination Difficult To Find

07 august 2017
(idexonline.com) - A conversation with the minerals and mining minister of an African diamond-producing company a couple of months ago really served to highlight the point at which beneficiation has arrived. And I am not sure that road traveled so far is particularly impressive. A decade has passed since then South African President Thabo Mbeki really brought the issue to the attention of the global diamond industry. That's rather ironic, of course, since his country has arguably achieved the least in this respect. From a Western perspective, I suspect the feeling is that an awful lot has been achieved to the point that it is felt by many that not much more needs to be done. Then there are many people who claim that the experience has proven that beneficiating African stones cannot profitably be achieved. They argue that since a massive infrastructure already exists in India for manufacturing diamonds, then there is little point in building whole new manufacturing centers in African states. The cost of creating a manufacturing base in African producing states, along with training staff and carrying out the actual cutting and polishing work is, indeed, very high and the per carat price is higher than that for goods polished in India.