Alrosa wants majority stake to mine diamonds in Zimbabwe – report

Russian diamond miner Alrosa, which will be assessing the quality of Zimbabwe’s diamond reserves over the next six months, wants a majority stake to mine diamonds in the southern African country, according to a news report.

Today

Diamond Fields auctions Namibian marine diamonds for $1.1 mn

Diamond Fields has sold 47,298.18 carats of rough diamonds from the ML111 licence offshore Namibia for $1.1 million.

Today

ALROSA price index has fallen by 2% in the last five months

ALROSA CEO Sergey Ivanov said that the price index for ALROSA rough diamonds fell by almost 2% over the past five months, FINMARKET.RU reported.

Yesterday

Debswana begins extension of Jwaneng to 2035

Debswana Diamond Company, a 50/50 joint venture between De Beers and the Botswana government, has commenced the Cut-9 project to extend the life of Jwaneng Mine to 2035.

Yesterday

India’s polished diamond exports down 3.5% in February

Exports of cut and polished diamonds from India dropped by 3.51% year-on-year during the month of February 2019, according to provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

Yesterday

New Deal Shows That Polishing Diamonds In Israel Can Make Financial Sense

12 july 2018

(idexonline.com) - The irony was almost palpable this week when Israel Diamond Exchange (IDE) President Yoram Dvash and Shanghai Diamond Exchange (SDE) President Li Qiang signed an historic MoU between the two bourses in Ramat Gan. From now on some Chinese diamantaires will have their large diamonds polished in Israel in a new manufacturing facility that the Israel Diamond Exchange (IDE) and Israel Diamond Institute (IDI) are now building within the IDE complex.