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.


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.


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...


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.


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.


Beyonce and the Tiffany “Scandal”

10 september 2021
( - Never trust a journalist. For at least two reasons. The first may surprise you. They tell the truth.  The trouble is it's not the whole truth. Those who value their jobs will not knowingly tell an outright and deliberate lie. But they may well miss out facts that get in the way of their story.  The second reason is that they are highly skilled at weaving a tiny fragment of information into front page sensation. And so it was this week with Beyonce and the Tiffany diamond "scandal". I'm tempted to put the word scandal in an extra set of quote marks, because it's so far from actually being one.  But as we'll see, it doesn't take much to get a decent scribbler hot under the collar. This is what happened. Beyonce and her rap star husband Jay Z teamed up with Tiffany for a campaign celebrating modern love in which she was photographed wearing the iconic 128.54-carat Tiffany Yellow Diamond. This not just any big diamond. It is the diamond that has come to symbolize Tiffany's pre-eminence in the jewelry world. Its origins have never been a secret. It was recovered from the De Beers' Kimberley mine, in South  Africa in 1878, at a time when slave labor was widespread and working conditions were primitive. Today we'd use the term "blood diamond" to describe a gem recovered under such circumstances. At the time they just called it a diamond.