Exploration may reveal Arkhangelsk Province has huge diamond potential

Only exploration performed in the Arkhangelsk Province can confirm the inferred diamond reserves and help discover new promising deposits. This was stated by Viktor Ikonnikov, Deputy Chairman of the Arkhangelsk Province Government for Project Activities...


De Beers’ Forevermark targets Belgium

De Beers diamond brand, Forevermark will launch in five jewellery stores in Belgium through a partnership with Gautam Diamonds.


Antwerp’s Rough Diamond Exports Jump in Nov., Polished Malaise Continues

Antwerp’s rough-diamond trade put a weak October performance in the rear-view mirror in November, as the volume of rough exports in particular rose sharply despite another decline in the average price per carat.


Wenhao Yu appointed Deputy Chairman of Sotheby’s- Jewellery, Asia

Sotheby’s recently appointed Wenhao Yu as new deputy chairman, responsible for driving and further developing the auction house’s jewellery business across Asia.


Petra resumes SA operations after crippling power cuts

Petra Diamonds resumed its mining operations in South Africa on Tuesday as the power utility, Eskom downgraded the load shedding status from Stage 6 to Stage 4.


De Beers Sightholders Embracing Synthetics

27 november 2019

(diamonds.net) - Few in the diamond industry were surprised by the news that Rosy Blue chief Dilip Mehta had launched an independent lab-grown business. It’s been an open secret for months that major manufacturers of natural diamonds have been exploring the sector, Rosy Blue being just one of them. A significant number of De Beers’ approximately 80 sightholders are already trading in synthetics or considering doing so, market consultants told Rapaport News. Many of them are focusing on the engagement-ring market, and are working under separate names from their natural businesses to ensure clear segregation.