US Holiday jewelry sales expected to skyrocket

According to Mastercard SpendingPulse, US jewelers can expect revenue from jewelry sales in the US between November 1 and December 24 will grow 59% compared to the same period last year.

17 september 2021

Australia becomes world’s biggest producer of gold for first time

Australia has become the world’s biggest producer of gold for the first time, having played second fiddle to China for the last decade. Australia unearthed 157 tons of gold in the first half of the year, pipping China by four tonnes.

17 september 2021

Nigerian minister mulls death penalty for gold smuggling – report

Nigeria’s deputy minister in charge of mines and steel development has called for the death penalty for gold smuggling in the West African country.

17 september 2021

Gemfields back to black

Gemfields is expected to register a net profit after tax of $23.8-million in the first half of the year compared with the net loss after tax of $56.7-million, a year earlier. Earnings per share are expected to be 2 US cents from a loss per share of 4...

17 september 2021

Debmarine Namibia's new diamond recovery vessel to arrive in SA next week

Debmarine Namibia’s new N$7 billion diamond recovery vessel, Additional Mining Vessel #3 (AMV3), is expected to arrive in Cape Town, South Africa next week ahead of commissioning early next year.

17 september 2021

Amplify Our Environmental Message

07 july 2021

(diamonds.net) - When Pandora announced that it was moving to synthetics because the segment aligned with its sustainability goals, the natural-diamond trade responded by highlighting the tens of millions of people who depend on mined diamonds for income. “The misleading narrative created by the Pandora announcement implying the natural-diamond industry is both less ethical and the impetus behind Pandora’s move to lab-grown diamonds…can have unintended but substantial consequences [for] communities in developing nations,” read the statement from the five trade groups representing the natural sector. That is a good argument. The natural-diamond industry’s contribution to communities around the world is considerable and has no parallel in the lab-grown sector. But the groups’ statement did not address Pandora’s broader claims: the issue of sustainability, and particularly the environment.