Angola seeks to grow diamond cutting volume

Angola is planning to boost its diamond cutting capacity, said the executive secretary of the National Kimberley Process Commission, Estanislau Buio. The current four cutting factories in Angola are struggling to utilize the 20% production allocated...

30 july 2021

De Beers boosts first-half output

De Beers produced 15.4 million carats during the first half of 2021, which was an increase of 37% compared to the corresponding period in 2020, according to Anglo American. The diamond group produced 25 million carats last year.

30 july 2021

World’s biggest 2.5m carats sapphire found by Sri Lankan gem trader

The world's largest cluster of sapphire, valued at around £72mn weighing 510 kilograms and has the equivalent of 2.5 mn carats has been found at the home of a gem trader in Sri Lanka. The cluster was named the "Serendipity Sapphire”.

30 july 2021

Antwerp opens its own diamond cutting training center

The diamond company HB Antwerp will soon open its own training center for diamond and jewelry experts in Antwerp, the VRT TV channel reported. Three times a year, the HB Academy will recruit for a 12-week course eight future cutters, who are guaranteed...

30 july 2021

Nornickel takes part in Norilsk Public Chamber hearings

Nornickel initiated an extended meeting of the Public Chamber of Norilsk. Public representatives and company executives discussed Nornickel’s efforts to improve the quality of life in the Arctic city. The roundtable gathered representatives of public...

29 july 2021

Bernard Arnault Is Now the World’s Richest Person. Thanks China?

08 june 2021

(jingdaily.com) - What Happened: Move over, Jeff Bezos; there’s a bigger billionaire in town. On May 24, Forbes named fashion tycoon Bernard Arnault the world’s richest person with an estimated net worth of $186.3 billion, beating out the Amazon founder by $300 million. Tied over the weekend, the chief executive of LVMH saw his personal stake jump more than $600 million after the group’s stock rose 0.4 percent on Monday morning. This, plus strong comebacks from star brands Louis Vuitton and Dior, helped Arnault’s fortune surge over $110 billion since March 2020.