De Beers to partially lift its source-disclosure ban – report

De Beers is set to relax its source-disclosure restrictions for diamond buyers known as sightholders as calls for transparency grow to a crescendo, according to Rapaport News.


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.


Trans Hex returns to profitability

Trans Hex, which has operations in Angola and South Africa, said it recorded a net profit of R52-million ($3.7 million) for the six months ended September 30, compared to a loss of R199-million ($14 million), a year earlier.


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.


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.


De Beers Starts Work on Lab-Grown Diamond Factory

19 july 2018
( - 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.