India’s Bunder diamond mines likely to be revived

The Bunder diamond project in Madhya Pradesh (MP), India with an estimated 34.20 million carat diamond deposits in Chhatarpur may be revived, according to a report in TOI.

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Pangolin identifies high priority drill targets at Botswana project

Pangolin Diamonds has identified high priority drill targets following the discovery of diamonds and indicators at its advanced stage MSC exploration project in Botswana.

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Israeli diamond industry looks forward to promising HK Show

Despite the unrest in Hong Kong, the Israel Diamond Institute, organizer of the Israel Diamond Pavilion at the upcoming September Hong Kong Jewellery & Gem Fair, is expecting a successful show.

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Pandora reported Q2 2019 financial results

Pandora reported its financial results for the second quarter  2019.

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Blue Nile appoints new CEO - report

Sean Kell will replace Eric Anderson on the post of a chief executive officer at Blue Nile.

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Antwerp bank restricts lending to diamond dealers

19 july 2019
(The Times of India) - The crisis in the world’s largest diamond cutting and polishing centre may worsen with the world’s leading bank financing diamond sector, ABN Amro, restricting rough diamond financing to the diamond dealers in Antwerp. The diamantaires in midstream sector in Surat purchase rough diamonds from diamond dealers in Antwerp on credit. Now with ABN Amro restricting the lending to rough dealers, the small and medium diamantaires are likely to face rough times in the coming months.