De Beers conducts second translocation of elephants to Mozambique

De Beers has carried out the second translocation of elephants from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Zinave National Park in Mozambique has taken place.

Today

ALROSA, ZCDC ink JV agreement to develop Zim diamond deposits

Russian diamond giant, ALROSA has inked a joint venture agreement with the state-owned Zimbabwe Consolidated Diamond Company (ZCDC) to develop diamond deposits in Zimbabwe.

Yesterday

First Israel Diamond Week in Shanghai to embark on a new era of cooperation

When the first Israel Diamond Week opens in Shanghai today, a new era of cooperation between the Israeli and Chinese diamond industries will be launched, says a press release from IDI.

Yesterday

Mothae diamond output 36% ahead of H1 target – Lucapa

Lucapa Diamond said its 75%-owned Mothae mine, in Lesotho produced 6,349 carats in the second quarter of 2019, bringing the first half output to 13,267 carats.

Yesterday

Newfield seeks to increase Tongo resource

Newfield Resources has commenced further drilling and diamond assays on the Panguma kimberlite, which is located to the west of the Kundu and Lando kimberlites, in Sierra Leone.

Yesterday

Why Sotheby’s Agreed to Be Bought by a Telecom Executive for $3.7 Billion

05 july 2019
(New York Times) - In recent years, the competition between the world’s two largest auction houses, Sotheby’s and Christie’s, has seemed at times like a bit of an unfair fight. Sotheby’s, which is publicly traded, has lost out to its privately held archrival for several headline-grabbing consignments. Last year, Christie’s sold the collection of Peggy and David Rockefeller for $835 million, the highest-grossing auction ever of a private collection. In 2017, Christie’s sold Leonardo da Vinci’s “Salvator Mundi” for $450.3 million, the highest auction price ever for a work of art.