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

Marange Critical to Zimbabwe Reforms, Group Says

26 december 2018
(Rapaport) - Global Witness is calling for improved transparency in Zimbabwe’s diamond sector, pitching it as a test case for the new president’s economic reforms. “The new government’s handling of the Marange diamond industry will be a clear indication of whether its commitments to economic reform and anti-corruption go beyond lip service,” Sophia Pickles, campaign leader for the organization, said in early December. Zimbabwe recently indicated that it will allow certain companies to explore and mine diamonds in the country, and that it would explore the possibility of allowing foreign majority ownership.