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

The Great Diamond Shortage That Never Was Is Likely Coming Soon

12 april 2019
(Bloomberg) - For more than 15 years, the diamond industry has been telling the world about a looming shortage of gems. Instead, demand has been stubbornly underwhelming, and the miners have done a wonderful job of digging more and more stones. But the pain may soon be over for an industry that’s being squeezed by oversupply. In two separate reports this week, analysts set out forecasts of a tightening market in the next few years, with diamond supply falling into deficit in or around 2021.