Armenia puts up for sale more than half of valuables from state reserve

On September 24, the Government of the Republic of Armenia approved the sale of the most illiquid valuables stored in the vaults of the State Treasury of Precious Metals and Stones supervised by the Ministry of Finance of Armenia. The auctions will take...


Caledonia Mining acquires new gold mining project in Zimbabwe

Caledonia Mining has entered into an agreement to acquire the mining claims over the Maligreen project, a property situated in the Gweru mining district in Zimbabwe from Pan African Mining for $4 million.


SA diamond producers welcome ruling on Mining Charter

The South African Diamond Producers Organisation (SADPO) has supported a High Court ruling that the country’s Mining Charter is an instrument of policy, not binding legislation.


Indian diamond exporter under Income Tax radar

The Income Tax department carried out search operations on premises connected to a leading diamond manufacturer and exporter from Gujarat and seized a large volume of unaccounted data. The raids, which began on September 22 based on intelligence input...


New RJC standard for lab-grown materials

Responsible Jewellery Council, the world’s leading standard-setting organisation for the global jewellery and watch industry with 1,500 member companies in 71 countries, announced that it will develop a standard for laboratory-grown materials to establish...


Alrosa Publishes Corporate Social Responsibility Report For 2013

21 august 2014

(IDEX Online) – Alrosa has published its Corporate Social Responsibility Report for 2013, stressing its position as the largest diamond producer in the world. In 2013, the Alrosa Group fully delivered on its targets in implementing the company’s production development program, the firm said. Having mined 36.9 million carats of rough diamonds, a 7 percent increase year-on-year, the firm is the world’s leading rough diamond producer by volume. Sales of diamonds in 2013 broke the company’s all-time record, with a 12 percent jump from the previous year. Meanwhile, a successful public offering of 16 percent of Alrosa’s shares on the Moscow Stock Exchange ushered in a new stage in the company’s history and marked a key event of the 2013 reporting year.