TAGS record breaking Dubai tender to be held from 6 to 12 October

Trans Atlantic Gems Sales (TAGS) record-breaking rough diamond tender is being held at the Dubai Diamond Exchange in Dubai from the 6th to the 12th October 2021, says a press note from the company.

24 september 2021

CIBJO releases precious metals special report

With fewer than six weeks to go to the opening of the 2021 CIBJO Congress on November 1, 2021, the third of this year’s CIBJO commissions' Special Reports has been released.

24 september 2021

iTraceiT to help the diamond and jewelry industry become more transparent

iTraceiT, a new and independent technology and service provider, will soon launch a robust and user-friendly traceability solution for the diamond and jewelry industry.

24 september 2021

Chinese diamond miner apologises to Marange headman – report

Anjin Investment, a joint venture between China’s Anhui Foreign Economic Construction Company (AFECC) and Matt Bronze, an investment vehicle controlled by Zimbabwe’s military, has apologised to Headman Chiadzwa for resuming operations in Marange...

24 september 2021

Catoca denies polluting DRC rivers that killed 12 people

Sociedade Mineira de Catoca which produces 75% of Angola’s diamonds, has denied leaking heavy metals from its mine in the northern part of the country.

23 september 2021

Impact of COVID-19 may ring in changes for diamond industry back in the doldrums

07 may 2020

The Constellation diamond recovered by Lucara                                                                                  Image credit: Lucara

(miningmx.com) – In a world boiled down to ‘essentials’, it’s easy to see why the anguished cries of celebrities “trapped” in their multi-million dollar holiday homes has become faintly risible, deeply contemptible at worst. So, too, the need to indulge in luxuries. Even were your local jewellery store open for business, it would seem somewhat off-message to be paddling down there to participate in a bit of high-end retail therapy. That’s why the world’s diamond sector is back where it started 2019: in the doldrums. However, Patrick Mann, an analyst for Bank of America Merrill Lynch in a note in April said there were some limited transactions happening in the big diamond sector, which in his opinion was a sign that high value and big stone producers could outperform short-term relative to small diamond producers in the current environment.