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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Forever and For Good: How diamond mines impact local communities

27 january 2021

(thenewsminute.com) - Natural diamonds have become more than just precious heirlooms - they’re symbols of a deep and abiding positive relationship between diamond mines and their local communities. What is a diamond worth? The answer, when you ask somebody who owns a natural diamond, will usually be emotional rather than monetary. Natural diamonds carry a feeling of resilience and authenticity. They’re cherished heirlooms, passed down from beloved ancestors. They’re preferred for their immense worth and emotional value. And beyond the glamour and luxury lies the positive impact diamond mines have on communities around them. For example, the members of the Natural Diamond Council (NDC), an alliance of natural diamond companies, took the pledge to align with the UN’s sustainable development goals - which aim to improve health and education, preserve the environment, and tackle climate change. And that’s only the start.