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

FTC Issues New Guides for Jewelry Industry

30 july 2018

(jckonline.com) - The Federal Trade Commission (FTC) has released the final revision to its widely watched Jewelry Guides, with a bevy of changes that impose new rules on how the trade can describe flux-grown colored stones, pearl treatments, and gem varietals. It also loosens existing standards on lab-grown diamonds and metal alloys. The changes, approved unanimously by the five-member commission, cap a six-year process of revamping the much-talked-about standards for marketing jewelry and gems. This revision marks the Guides’ first major overhaul in 22 years.