AGD Diamonds commissioned yet another facility to improve ecology at the Grib mine

In mid-December, AGD Diamonds’ Mining and Processing Unit at the Grib diamond mine launched a car wash to clean rock haulers and auxiliary mining equipment, the company’s press service said.

Today

India’s polished diamond exports down by 12% in November

Polished diamond exports dipped by 12.06% as compared to the same month in 2017, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.

Today

TAGS Dubai tender sells $46m worth rough diamonds

Trans Atlantic Gem Sales (TAGS) sold $46.4 mn worth of rough diamonds during a tender in Dubai in late November and early December, as per the company.

Today

Christie’s sets the world’s jewellery sales records for the 25th year

This year the Christie’s auction house marks 25 years of its leadership in auction sales. The company also took stock of the exclusive jewellery sales of the year, with most of the pieces exceeding their estimate prices.

Yesterday

Canada’s NWT lifts polishers’ export ban

Canada’s Northwest Territories (NWT) has abolished its ban on diamond manufacturers sending rough to other locations for processing, potentially enabling significant cost savings for the industry.

Yesterday

An Opportune Time

15 june 2018

(ehudlaniado.com) - It is an unusual diamond market these days. Polished diamond exports from India were down about 1.5% in April compared to March, but up 14% year-over-year. The rise was not a result of improving prices, as the average value of goods declined 2.4%. The reason for the rise in exports was the high volume of shipments out of the leading manufacturing center, increasing 17% to 2.77 million carats. At the same time, rough trade through India declined by all measures – imports and exports, value and volume. Even by average value per carat.