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

Jewelers must say whether diamonds are mined or synthetic: U.S. FTC

04 april 2019
(Reuters) - The U.S. Federal Trade Commission, which investigates allegations of deceptive advertising, said on Tuesday that it has sent warning letters to eight companies to insist that they distinguish in advertisements between diamonds that come from mines and those made in laboratories. The FTC said that it had found instances where the eight companies advertised diamond jewelry “without clearly and conspicuously disclosing that the diamonds are laboratory-created,” according to the letter. The agency declined to identify the recipients of the letters. An unredacted version of one of the letters seen by Reuters identified that recipient as Diamond Foundry, a California company that makes laboratory diamonds.