Rio Tinto celebrates opening of new diamond pipe at Diavik

Rio Tinto celebrated on Aug 20, the opening of a fourth diamond pipe, known as A21, at the remote subarctic Diavik Diamond Mine in Canada.

Today

XI IJA Conference to gather the leaders of jewellery sector in Moscow

XI International Jewellery Academy Conference (IJA), the biggest business event for the heads of jewellery companies, will be held on September 24 in Moscow at the "Kosmos" Concert Hall.

Today

Lucara subsidiary collaborates with diamond technology developer

Lucara Diamond said its subsidiary Clara Diamond Solutions has inked a collaboration agreement with Sarine Technologies, a diamond industry technology developer.

Today

BlueRock secures loan to settle £230k claim made by ex-CEO

BlueRock Diamonds, which owns and operates the Kareevlei Diamond Mine in South Africa, has entered into a loan with chairperson Paul Beck and chief executive Adam Waugh.

Today

GJEPC to accept any role and shoulder any responsibility that the government gives it - Pramod Agrawal, Chairman, GJEPC

Addressing the Press on the concluding day of IIJS 2018, Chairman Pramod Agrawal and Vice Chairman Colin Shah revealed that The Gem & Jewellery Export Promotion Council (GJEPC) has begun multiple initiatives and is interacting with various industry...

Yesterday

Football Player’s Suit Takes Aim at Jeweler’s Diamond Markup

25 april 2018
(jckonline.com) - New Orleans Saints quarterback Drew Brees (pictured) has sued a San Diego retailer, claiming the jeweler misled by selling him “investment grade” diamonds with too high a markup. In a suit filed April 2 in San Diego Superior Court by Brees and wife Brittany, the football star claimed that, over the course of a decade, he had purchased $15 million in colored diamonds from local retailer CJ Charles Jewelers. However, in early 2017, Brees’ financial advisor recommended he get the diamonds appraised, the suit said. “The independent appraiser determined the true market value of the diamonds [store owner Vihad] Moradi had advised [Brees] to buy was approximately $9 million less than the prices [he] paid,” according to the court papers.