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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How The Diamond Industry Is Representing In The ESG Movement

08 september 2021

(gjepc.org) - In late-June when Lucara Diamond, operator of the Karowe mine in Botswana, released the company’s ninth annual “Sustainability Report” it served as a reminder that the diamond industry has been quite active in Environmental, Social, and Governance (ESG) efforts for years now – well before it was completely in vogue. Lucara’s report serves a detailed outline of the mid-tier miner’s focus on minimising environmental impact while maximising local employment and social benefits within the communities it operates. ESG is meant to serve as way to score the “collective conscientiousness” within a company or industry. The initiative was technically structured as an investment criterion for responsible investing formalised by the United Nations about two decades ago, however, recently it has been used less formally to describe general “responsibility” and “sustainability” efforts by corporations and industries as the concept has grown in popularity.