Platinum-group metals price hit due to stagnant auto production

The shortage of semiconductors is negatively affecting the price of platinum-group metals as investors brace for a long-lasting hit to car production.

Today

Zimbabwe security forces arrest 72 illegal diamond miners

Zimbabwe Republic Police and the Zimbabwe National Army (ZNA) arrested at least 72 illegal diamond miners in a joint operation to remove hundreds of artisanal miners who invaded the Charleswood Estate in Chimanimani in search of alluvial diamonds...

Today

Earthquake halts operations at Victorian gold mine

Australia’s White Rock Minerals has suspended underground operations at its Woods Point gold project after an earthquake struck near Mansfield in Victoria. The earthquake struck at 9:15 am on 22 September occurring 10 kilometres beneath the surface at...

Today

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...

Yesterday

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).

Yesterday

Global Diamond Production +11% to $14B in 2013

24 july 2014

(Rapaport) - Global diamond production by value rose 11 percent year on year to $14.09 billion in 2013, due mainly to an increase in the average price of rough diamonds, according to annual data published by the Kimberley Process Certification Scheme. By volume, global production increased 2 percent to 130.48 million carats, while the average price of production grew 9 percent to $107.95 per carat.