Global rough diamond output slides 12% in 2019

Global diamond output eased 12% to 130.3 million carats in volume terms, according to the latest data from the Kimberley Process (KP).
Russia maintained the pole position as it produced 45.3 million carats, which represents 34.73%...

Today

Covid-19: Lesotho opens more border posts to foreign mineworkers

Lesotho, which hosts Lucapa Diamond and Gem Diamonds, has opened up more border posts to foreign mineworkers following a lock-down that was introduced last March.

Today

Diamond miner Kimberley Ekapa Mining renames to Ekapa

South African diamond miner, Kimberley Ekapa Mining (KEM) has changed its name to only Ekapa following the collapse of the joint venture between diamond miners KEM and Petra Diamonds.

Today

Luk Fook Holdings profit dips 42% in FY 2019-21

Luk Fook Holdings (International) Ltd has announced that the overall profit dipped of 42 per cent during the year ending March 31, 2020.

Yesterday

ALROSA’s financing to prevent COVID-19 spread exceeds RUB 500 million

ALROSA's overall spending on countering COVID-19 pandemic amounted to almost 8 mln USD (more than RUB 500 mln), according to a press statement distributed by the company last week. Assistance is provided to public health facilities of the...

Yesterday

Synthetics vs. Natural: The Battle over Value

19 november 2019

(diamonds.net) - In a jam-packed program, the Dubai Diamond Conference set the stage well for its main bout: finally, a match-up between the lab-grown and mined diamond producers. At its core, the debate among panelists in the discussion titled “Market Disruption — the Advent of Lab-Grown Diamonds,” boiled down to one fundamental question: What makes a diamond valuable?