DMCC announces Ambassadors of WDC’s System of Warranties

DMCC has announced that its Executive Chairman and Chief Executive Officer, Ahmed Bin Sulayem, and its Special Advisor - Precious Stones, Dr Martin Leake, have been appointed as ambassadors of the World Diamond Council’s (WDC) updated SoW initiative...

Today

WDC launchеd an upgraded and expanded System of Warranties

The World Diamond Council (WDC) has marked the 40th anniversary of the establishment by the United Nations of the International Day of Peace with the official public launch of its upgraded System of Warranties (SoW).

Today

Botswana Diamonds completes nine-hole drilling on Thorny River

Botswana Diamonds has completed its nine-hole drilling programme on the Thorny River property in South Africa. It said the objective of the hole drilling was to see if two kimberlite blows were one contiguous orebody, thus increasing the overall resource...

Today

Lifeline for small-scale chrome miners in Zim

Zimbabwe Zhongxin Smelting Company, a joint venture between a Chinese firm and the Zimbabwe Defence Forces, is constructing a $60 million smelting plant in Masvingo.

Today

Out of the deep blue: Buyers at Christie’s will have a chance to bid for Rolex Experimental Deep Sea Special N°1

Developed as a prototype for perfecting the Rolex diving watch concept, this Rolex Deep Sea Special N°1 was attached to the hull of Auguste Piccard’s bathyscaphe Trieste for the inaugural deep-sea trial to a depth of 3,150 meters in the Mediterranean...

Yesterday

Are There Diamonds in the Ocean?

30 june 2021

(howstuffworks.com) - If you've ever heard the slogan "A Diamond Is Forever," then a 1940s marketing campaign is still doing its job. The line was coined by De Beers Group, a jewelry company credited with almost single-handedly popularizing diamond engagement rings. De Beers spent decades building a global empire (some would call it a "cartel") around diamond mines in countries like South Africa. So why did they purchase more than 3,000 square miles, or 7,770 square kilometers, of Atlantic seafloor near the coast of Namibia in 1991? Simple: Not all diamonds are found on dry land. Many turn up in sediments below the ocean's surface. You just have to know where to look.