De Beers rough sales slide again

Anglo American said the value of rough diamonds sold by De Beers dropped to $475 million during the eighth cycle of 2018 compared to $503 million recorded in the seventh cycle.

Today

Rio Tinto’s diamond production dips in Q3 2018

Rio Tinto has announced that production in its Argyle Mines (100%) and Diavik Mine (60%) have dipped during the third quarter of 2018. Argyle witnessed a 19% dip in carat production y-o-y.

Today

GJEPC Jaipur hosts exporter interaction with bank and customs officials

The Jaipur regional office of The Gem & Jewellery Export Promotion Council (GJEPC) hosted an "Industry Interaction with Banks" on Friday, October 12 as part of its event series ‘The Dialogue - A New Beginning’, says a report in gjepc.org...

Yesterday

Angola denies abusing illegal foreign diamond miners

Angola has refuted reports that its security forces failed to observe human rights when they conducted an operation to drive out foreign illegal artisanal diamond miners in the Lunda Norte province bordering the Democratic Republic of Congo.

Yesterday

Gem Diamonds recovers 357 ct light brown stone from Letšeng

Gem Diamonds said it has recovered a 357 carat light brown ‘high quality’ diamond from its 75 percent-owned Letšeng mine in Lesotho.

Yesterday

50% jump in Swiss Bank deposits by Indians: Rahul targets Modi on black money

18 july 2018

(nationalheraldindia.com) - Congress President Rahul Gandhi said that the Modi government had carried out demonetisation to supposedly curb black money but its stance now was totally different. Congress President Rahul Gandhi on Friday targeted Prime Minister Narendra Modi on the issue of black money and said he had promised to bring back all illegal money stashed abroad but his government was now virtually saying that there was no illegal money in Swiss banks.