Worldwide jewelry sales rise by 4% in 2018 - ALROSA

Global sales of diamond jewelry grew by 4% in 2018 compared with last year and amounted to $85.9 billion.

Today

RAPAPORT organises melee auction in Belgium

Rapaport Auctions is organizing a melee auction in Belgium from March 25-27, AWDC reported.  

Today

Namdia receives 78 bids from potential diamond buyers

Namibia’s state-owned diamond trading company, Namib Desert Diamonds (Namdia) has received 78 applications from potential diamond buyers around the world, according to local news reports.

Yesterday

ALROSA changes its client policy to maximize profit

ALROSA, a Russian diamond mining company, intends to modernize its client policy to increase the company's profit, FINMARKET.RU reports, citing the company's CEO, Sergey Ivanov.

Yesterday

Synthetic diamond coating is a new challenge for gemmologists

A study concerning a yellow crystal submitted for analysis to the Far East Geological Institute (FEGI) showed that the stone was a synthetic moissanite covered with a thin diamond film, says a report in the Gemmological Institute of America (GIA)...

Yesterday

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.