Angola’s Chitotolo eyes higher diamond output this year

The Sociedade Mineira do Chitotolo, a partnership between Endiama, ITM Mining and Lumanhe, which has alluvial diamond mining operations in the Lunda-Norte province is targeting to produce 281 000 carats this year.


Saiyam Mehra takes over as Chairman and Rajesh Rokde as Vice Chairman of GJC

The Installation ceremony of the Committee of Administration (COA) of India’s prestigious gems and jewellery industry body the All India Gem and Jewellery Domestic Council (GJC) concluded in Mumbai.


Angola plans to produce 12Mcts in 2023

Angola is planning to produce 12 million carats of rough diamonds worth $2.1 billion in 2023, according to the state-owned diamond company, Endiama.


Malabar Gold & Diamonds opens its 300th Global Showroom in Dallas, USA

The 300th global showroom of Malabar Gold & Diamonds, the 6th largest jewellery retailer globally across 10 countries, was held in Dallas, USA, according to a press release from the company.


Princess of Monaco in the most expensive diamond tiara at the coronation of Charles III

Princess Charlene of Monaco, together with her husband Prince Albert, may appear at the May coronation of Charles III in a tiara, which is called the most expensive of all diamond tiaras.


Amplats set to post lower 2022 dividend after technical glitches hurt metal sales

23 january 2023

( - Anglo American Platinum (Amplats) is forecast to report a large increase in unsold refined metal – a development that would reduce its cash flow and result in a reduction in the annual dividend. This was the view of Bank of America analysts who said technical glitches were to blame for the expected poor year-on-year performance. They also forecast that the platinum group metal (PGM) basket would be under pressure this year, especially palladium. Amplats’ business case would also be negatively affected by South African risk, described by the bank as “a tricky postcode”.