India as KP Chair 2019: Kimberley Process Intersessional meeting concludes successfully

India, as the KP Chair for 2019, successfully hosted the KP Intersessional meeting in Mumbai. The meeting which started on 17th June concluded on 21st June 2019.

Today

Israeli mining company discovers new ‘Extraterrestrial’ mineral worth more than diamonds

Israeli mining company, Shefa Yamim has unearthed a new material, closely resembling sapphire or ruby in its composition, in the Zevulun Valley in northern Israel.

Today

Zim to sign diamond exploration deal with Alrosa before end of June

Zimbabwe is expected to reach a diamond exploration agreement with Alrosa end of this month, a government official has said.

Today

Increased militarisation of diamond mining in Africa worrying – CNRG

The increased militarisation of diamond mining in Africa where some governments “have very serious democratic deficit” is worrying, a rights activist has said.

Today

De Beers teams up with IIG to deliver diamond education courses in India

De Beers Group Institute of Diamonds has partnered with the International Institute of Gemology in India (IIG) to deliver diamond education courses throughout India.

21 june 2019

Diamonds: a girl’s best friend, but

17 may 2019
(The Business Report) - A diamond is the hardest stone and can cut and scratch virtually anything. "A diamond is forever" was one of the most successful campaigns in history. But is a diamond financially durable? Contrary to what you may think, the gold in your engagement ring may be more valuable, because it is likely to appreciate in value over time while the diamond will probably disappoint in US dollar terms. In fact, I estimate that the polished diamond price index is currently around the same level as in 2004. This means diamond prices have contracted 25percent since 2004 or 2percent a year in real terms.