Petra gross diamond reserves down 14% to 33.33Mcts

Petra Diamonds’ gross diamond reserves decreased 14% to 33.33 million carats as of 30 June 2021 compared with 38.86 million carats, a year earlier.

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Vladimir Dyukarev, former COO of ALROSA passes away

Vladimir Dyukarev, a mining engineer, who committed most of his life to the country's diamond industry making his way up from a foreman at the Udachny Mining Division to the COO of ALROSA, passed away today at the age of 78.

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The third J-1 Jewellery Congress to be held in Moscow on September 26-28

The third J-1 Jewellery Congress will be held in Moscow’s Gostiny Dvor Conference Hall on September 26-28. The Congress will become a key educational and business platform for the jewellery industry and will set new vectors for its further development...

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Private investor mulls $500mln investment in two Angola gold mines

A Brazilian-Angolan national, Valdomiro Minoru Dondo, is set to invest $500 million to help jump-start gold mining in northern Angola. This comes three years after Luanda started issuing new licenses to explore precious metals.

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Katoro Gold makes progress in Tanzania, SA

Katoro Gold recorded significant progress across its project portfolio during the six months ended June 30 despite the challenges brought about by the COVID-19 pandemic.

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Tiffany Buyout: A Lot of Noise for a Little Discount

11 december 2020

(idexonline.com) - Coronavirus has played havoc with the production schedules for TV soap operas. The cast and crew of the USA's The Young and the Restless, Britain's Coronation Street and many other favorites have been hit by illness, self-isolation and the demands of filming at a social distance. But the most gripping show in Diamond Land has continued unabated - the day-to-day drama that is "LVMH Buys Tiffany". A marriage seemingly made in heaven turned sour when the groom (LVMH) ditched the bride (Tiffany) at the altar. Cue bitter recriminations, legal threats and counter threats, followed by last month's (surprise) reconciliation, after which they all lived happily ever after.