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

Producing diamonds in a lab is becoming a sustainable alternative to mining

09 june 2021
(runnermag.ca) - Synthetic diamonds are paving the way for a greener and more ethical jewelry industry. Scrolling through Instagram these past couple of days, I have been seeing lots of people I know getting engaged — couples excited for their future posting pictures of their rings with large diamonds. When I saw the rings, it made me think of where the diamonds came from and the process involved. Pandora, the jewelry company, announced earlier this month that their company is switching to selling lab-produced diamonds. More companies such as De Beers are slowly making the switch to lab-produced diamonds because they are less environmentally harmful and don’t contribute to industries that export blood diamonds, which are diamonds mined in war zones which are sold to fund armed conflicts. Even Signet Jewelers, the world’s largest retailer of diamond jewelry, is expanding its line of lab-produced products.