How to Bid Wisely at Rough Diamond Tenders …

The Covid-19 pandemic has negatively affected the world economy so that many businesses have had a substantial downturn in profits, laid-off employees, and many were forced to close business operations. The rough diamond business industry was just one...

06 december 2021

The indelicate balance of ethics against profit

I am slightly pained to write this blog, as over the years I've made many close friends and contacts in Switzerland, not to mention worked very closely with several Swiss-based companies as part of our recently launched DMCC Crypto Centre, including...

29 november 2021

Yakut diamonds, the symphony of permafrost

The Yakutia-based Kierge company, one of the Top 100 of the leading jewellery brands in Russia, opened its showroom in Moscow this autumn, which is gaining popularity in the capital of Russia. “Kierge” is the Yakut for a “finery, decoration” in a broad...

22 november 2021

Vladislav Zhdanov - “The use of diamonds in high technologies is the main and key target of the diamond synthesis technologies”

Vladislav Zhdanov, Professor at the Higher School of Economics, Advisor to Director General - Chairman of the Management Board of the Russian Railways company, and former Vice President of ALROSA (2015-2018). He is a physicist by background...

15 november 2021

Ali Pastorini: The white diamond is the equivalent of a white shirt for a woman

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association that brings together more than 1,000 women working in the gold and diamond trading sector, mainly from Latin America, as well as from Turkey, Spain...

08 november 2021

Mountain Province Diamonds announced revenue uplift based on higher realized diamond prices


Mountain Province Diamonds announced the results of its most recent December 2021 diamonds sale, as well as the aggregate sales results for the fourth quarter of 2021. During the most recent December 2021 sale, 388,573 carats were sold for total proceeds of $42.7 million (US$33.3 million), resulting in an average value of $110 per carat (US$86 per carat).

Sarine names Matthew Tratner GM and VP of North American operations


Matthew Tratner will be joining the Sarine group as General Manager and Vice President of Sarine North America Inc. Tratner will be based in New York City at Sarine’s North America.

Debswana boosts diamond sales


Debswana Diamond Company, a joint venture between De Beers and the Botswana government, has recorded a 73% increase in sales in the first nine months of 2021 mainly due to the reopening of U.S. and China's consumer markets.

India’s gold trade deficit widens as gold import shoots up


Indian households are once again hoarding gold, pushing up the import bill and widening the trade deficit. The country’s trade deficit widened to $122 billion in April-November 2021, as gold imports shot up despite its still elevated prices.

AWDC and ALROSA renew cooperation agreement


The Antwerp World Diamond Centre (AWDC), the official representative of the Antwerp diamond industry, and ALROSA, world’s largest diamond mining company by volume, renewed their cooperation agreement yesterday.

Newfield makes progress at Tongo


Newfield Resources has completed 845 metres of underground development at its Tongo diamond mine in Sierra Leone. Company executive director Karl Smithson said kimberlite ore is being yielded from the return air way (RAW) on the Kundu kimberlite and they are currently stockpiling this at their bulk sample plant for processing.

GSI becomes first gemological laboratory to join The Plumb Club


Gemological Science International (GSI), one of the largest gemological organizations in the world, announced its new membership in The Plumb Club, becoming the first ever gemological laboratory to be invited to join the prestigious organization.

Sarine celebrates 30th million stone being scanned this year through Galaxy® Systems Worldwide


Sarine Technologies Ltd, a worldwide leader in the development, manufacture and sale of precision technology products, has announced that its Galaxy® family of scanning and inclusion mapping systems surpassed the milestone of having scanned 30 million stones worldwide in one year.

Botswana Diamonds evolving from pure diamond explorer to producer – Teeling

06 december 2021

Botswana Diamonds is evolving from a pure diamond explorer to a diamond producer, according to the company’s chairperson John Teeling. “We have an expectation that one or more of our advanced projects will in the near future potentially turn into a diamond mine,” he said.

The search for new diamond deposits begun in the Arkhangelsk region

06 december 2021

New diamond deposits may be discovered in Pomorie. This was announced by the Minister of Natural Resources and Timber Industry of the Arkhangelsk region Igor Muraev, according to a report in the Rossiyskaya Gazeta.

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