Marange’s T1A concession has significant potential, says Botswana Diamonds

Botswana Diamonds and its partner Vast Resources have received a positive preliminary geological valuation of the Heritage Concession (Block T1A) within the Marange diamond fields of Zimbabwe.

Today

Russia’s Ministry of Finance supports the creation of the Jewellery Competence Center in the Kostroma region

Russian Minister of Finance Aleksey Moiseev said that the Ministry of Finance supports the initiative to organize the Jewellery Competence Center in the Kostroma region, which is a leader in jewellery manufacturing by volume in Russia, says a report...

Today

Zambia’s proposed mining tax increases retrogressive – report

The Association of Zambian Mineral Exploration Companies (AZMEC) said the country’s planned mining tax increases will affect mineral exploration and production in Africa’s second biggest copper producer.

Today

Brett O’Connor appointed new Bonhams Jewelry Director

Bonhams said Tuesday that it appointed Brett O’Connor its Senior International Jewelry Director and Senior Vice President for the US, according to Rapaport.

Today

The RAS net income of PJSC ALROSA during 9 months grew by 42% to 72.8 bn roubles

PJSC ALROSA , the head company of ALROSA Group, has published its financial results under the Russian accounting standards (RAS) for the three quarters of 2018.

Yesterday

De Beers Starts Work on Lab-Grown Diamond Factory

19 july 2018
(jckonline.com) - So, it seems this is really going to happen. De Beers, which sent shockwaves through the trade before JCK Las Vegas when it announced that it would sell lab-grown diamonds, held a ceremony this week in Gresham, Ore., to kick off construction of its first synthetic diamond gem factory. “It makes the whole project very real,” Lightbox general manager Steve Coe tells JCK. The groundbreaking for the $94 million factory was attended by Gresham mayor Shane Bemis, Gresham’s entire city council, as well as executives from De Beers-owned synthetic producer Element Six. The 60,000-square-foot building is set to be finished by the middle of next year. It will start producing diamonds in January 2020. It wants to be at a full capacity—500,000 rough cts. a year—by the end of 2020. It will employ about 60 people.