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

Diamond Groups Upset About FTC Guides Changes

09 august 2018
(jckonline.com) - Traditional diamond organizations said they were disappointed at the Federal Trade Commission’s (FTC) overhaul of its Jewelry Guides—even as man-made diamond companies cheered. In its latest revision, announced last week, the FTC made a number of changes to its traditional guidance regarding both lab-grown diamonds and diamonds in general. It removed the word natural from the definition of a diamond; allowed new descriptors for lab-grown gems as long as they clearly describe the product as not mined; said that implying lab-grown stones are not real could be deceptive; deleted the word synthetic from its list of approved lab-grown descriptors; and okayed the previously forbidden word gemstone to describe man-made stones.