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

Lab-Grown Line Won’t Hurt Low-End Goods, De Beers Says

06 august 2018
(jckonline.com) - De Beers doesn’t feel its new Lightbox lab-grown diamond line will hurt the market for the inexpensive diamonds commonly used in fashion jewelry, CEO Bruce Cleaver (pictured) tells JCK. “I have heard that talk, largely out of India,” Cleaver says. “My view is, a large percentage of small goods go into all sorts of products, like watches. I don’t really see a one carat blue or pink really competing with melee. I see it competing with moissanite and lower-value ruby and emerald. So I don’t think there is a cannibalization there.” Of course, Lightbox, which will sell its first jewelry pieces online in September, will offer whites as well, but Cleaver believes consumers will gravitate to the blues and pinks.