Richemont announced it audited results for the year ended 31 march 2019 

Richemont, the Swiss luxury goods group, announced its audited consolidated results for the year ended 31 March 2019.

Today

Tsunami at ZCDC, entire executive shown exit door

The Zimbabwe Consolidated Diamond Company (ZCDC) has fired seven executives, including the chief executive Morris Mpofu, who was recently arrested for recommending a blacklisted smuggling ex-convict to buy diamonds from the Minerals Marketing...

Today

Unique Arkhangelsk diamonds may be used to create quantum computers

Unique Arkhangelsk diamonds have a special feature – their crystal structure is perturbed, and this is why they can record quantum information. Such diamonds can become the basic element of a quantum computer processor.

17 may 2019

ALROSA Q1 2019 IFRS results are down on a y-o-y basis

ALROSA, the world’s leader in diamond mining, announces its IFRS financial results for Q1 2019.


17 may 2019

Lab Grown Diamond Council formed in NY

The Lab Grown Diamond Council (LGDC) was launched on 16, May 2019 in New York. The Mission of the LGDC is to develop and implement a multi-tiered, international communications program designed to increase the awareness of, knowledge about, and...

17 may 2019

De Beers, Botswana to renew vows

04 december 2018
(The Patriot) - The longest and undoubtedly colossal business deal between Botswana Government and diamond selling giant, De Beers Group of companies, continues to flourish as the two parties start the re-negotiation of a new diamond sales agreement. The current sales agreement cemented in 2011 ends in 2021 and the two bodies are scheduled to start working on the terms for the new agreement soon. Speaking at the Diamond Conference, President Mokgweetsi Masisi enthusiastically highlighted that the two, Botswana Government and De Beers Group, will ‘renew their vows’. By this, the president was referring to the 10 year sales agreement that ends in two years.