De Beers’ Namdeb offloads Elizabeth Bay Mine to local consortium

Namdeb, a joint venture between the government of Namibia and De Beers, has sold its Elizabeth Bay Mine and its associated marine assets as a going concern to Lewcor Group, a 100% Namibian-owned consortium.

13 september 2019

Angola delays public auction of mineral concessions to accommodate New York roadshow

Angola has slightly delayed the public bidding process for five minerals concessions currently underway to accommodate a new roadshow in New York, according to the country’s ministry of mineral resources and petroleum.

13 september 2019

Forevermark presents ‘Artemis Collection’ at New York Fashion Week

Forevermark presented exquisite new designs from the Forevermark Artemis Collection in collaboration with celebrated fashion designer Bibhu Mohapatra in association with PMJ Jewels.

13 september 2019

DMCC COO welcomes Angolan Minister of Mineral Resources to DMCC

Feryal Ahmed, Chief Operating Officer, DMCC, hosted HE Diamantino Azevedo, the Angolan Minister of Mineral Resources and Oil, and a senior delegation from the Angolan Government at Almas Tower.

13 september 2019

Stornoway Granted Initial CCAA Order

Stornoway Diamond Corporation (TSX-SWY; the “Corporation” or “Stornoway”) announced that the Corporation and its subsidiaries Stornoway Diamonds (Canada) Inc. (“SDCI”), Ashton Mining of Canada Inc. (“Ashton”) and FCDC...

13 september 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.