ALROSA sells large rough diamonds in Vladivostok for $12.6 mln

ALROSA, the world's largest diamond mining company, has sold special size rough diamonds (over 10.8 carats) at the auction in Vladivostok.

Yesterday

CTF and GIA launch digital grading reports using blockchain technology

Chow Tai Fook Jewellery Group and GIA (Gemological Institute of America), formally launched a collaboration project in Hong Kong to use blockchain technology for delivering secure, digital diamond grading reports to consumers for the first time...

Yesterday

BlueRock narrows H1 losses as grades improve at Kareevlei

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

Yesterday

Zim says diamond policy ‘imminent’

BlueRock Diamonds reduced its loss for the first half of the year to £789,000 from a £1.3 million loss, a year earlier as average grades and production improved at its Kareevlei mine in South Africa.

Yesterday

AGD DIAMONDS enters international diamond market

JSC Arkhangelskgeoldobycha was officially renamed into JSC AGD DIAMONDS, according to the company’s press statement distributed on Wednesday. The change in the corporate name of the joint-stock company was due to its new marketing policy and the brand’s...

20 september 2018

Angola wants to open its doors to more Aussie diamond miners

18 june 2018
(stockhead.com.au) - Angola is working to make its diamond sector more appealing to Australian miners. While there is a large number of Australian miners active on the broader African continent, there are just three that have projects in Angola, and only one of those companies – Lucapa (ASX:LOM) – is in diamonds. Up until now Angola has had in place restrictive legislation over diamond operations including not allowing foreign investors to hold a majority stake and a requirement that all diamonds must be sold through a central state-owned government agency. On top of that, the process for repatriating revenues earned in Angola back to Australia has been somewhat long and arduous. However, following the election of a new government in August last year, the country is now seeking more foreign investment in its natural resources, including diamonds.