Botswana Diamonds raises £250k to fund exploration, progress SA bulk sampling

Botswana Diamonds has raised £250,000 before expenses through the placing of 50 million new ordinary shares to fund its operations in in Botswana and South Africa.

19 july 2019

China reports a 3.5% rise in 1H jewellery sales

China’s the National Bureau of Statistics has revealed that jewellery sales in China rose 3.5 per cent year on year during the first half of 2019.

19 july 2019

De Beers lowers production guidance as Q2 output drops 14% to 7.7Mcts

Anglo American has revised downwards the production guidance of De Beers for the year to about 31 million carats from the previous range of 31-33 million carats, in response to weaker trading conditions.

19 july 2019

Synthetic diamonds do not inspire jewelers – CEO of De Beers Jewellers

Synthetic diamonds, unlike natural, do not inspire jewelers to creativity, says François Delage, CEO of De Beers Jewellers.

19 july 2019

ZCDC mulls lifestyle audit of employees following diamond robberies

The Zimbabwe Consolidated Diamond Company (ZCDC) is set to audit the lifestyle of its employees following diamond robberies in Marange, a local weekly reports.

19 july 2019

Why the Market for Large Diamonds Is in Freefall

12 july 2019

(diamonds.net) - As the who’s who in the glitzy world of high-value diamond auctions gathered in Geneva in May, there was an understated tone to this year’s pilgrimage to the Swiss city. While Sotheby’s and Christie’s played up their offerings of magnificent jewels, which usually boost market sentiment with the records they set, dealers approached the sales with some trepidation. The big-stone market, they noted, has seen better days.