Mountain Province announced the discovery of a first new kimberlite discovery at Gahcho Kué in 20 years

Mountain Province Diamonds Inc. announced the discovery of a new kimberlite at its Gahcho Kué Joint Venture (GKJV) leases.

14 june 2019

Lucara mulls best way to sell 1,758-ct diamond recovered at Karowe

Lucara Diamond Corporation, which recently recovered a 1,758-carat diamond at its Karowe mine in Botswana, is considering the best way to sell the world’s second largest diamond in modern history.

14 june 2019

Botswana Diamonds’ associate gets nod to sell diamonds from Thorny River bulk sampling

Botswana Diamonds said its 40%-owned Vutomi has been granted permission to sell diamonds recovered during bulk sampling at their Thorny River project, in South Africa.

14 june 2019

ALROSA earns over $2 mln from sales of polished diamonds in Israel

ALROSA, a global leader in diamond mining, held a tender for polished diamonds of own manufacture in Israel. The company’s cutting division – DIAMONDS ALROSA organized the tender.

14 june 2019

GJEPC presents pre-budget proposals to the Indian government

The Gem & Jewellery Export Promotion Council of India (GJEPC) has been talking with the Government of India to address major Banking Issues affecting G&J industry.

14 june 2019

De Beers VP Says Slowdown in Smalls is Largely Cyclical, Not Due to Impact of Lab-grown Diamonds

20 march 2019
(gjepc.org) - The segment of the diamond industry dealing in lower-priced and smaller-sized stones has gone through a rather difficult phase over the last few months. While the most recent sales figures released by De Beers and Alrosa, as well as the trading statistics from AWDC, indicate that there could be some signs of a turnaround, however weak, the market is still far below the levels of a year ago. What were the reasons for the slowdown? Are they reflecting the start of a longer-term shift in the industry brought about by the growth of synthetics or lab-grown diamonds? Will the market for small natural diamonds regain some sort of stable equilibrium?