High-tech trend is most promising for industries using diamonds

Synthesis Technology is a leading diamond producer in Russia. The company produces carbon single crystals - lab-grown diamonds and single-crystal wafers. The diamonds completely identical to natural ones are ‘grown’ at the laboratory using advanced HPHT...

25 february 2020

Diamex Lab: Our technology allows you to trace the history of the origin of each stone

Gleb Sverdlov, CEO of Diamex Lab told Rough & Polished in his interview below about the development of IT technologies for the market of rough and polished diamonds and jewelry.

17 february 2020

The future of the market goes hand in hand with gemology

After 2019, a challenging year for the global diamond industry, we asked Yuri Shelementyev, head of the Moscow State University (MSU) Gemmological Center and president of the National Gemological Association (NGA), to share his views...

10 february 2020

Diamond industry in healthier position going into 2020

The diamond industry is in a healthier position going into 2020 due to actions taken last year, according to De Beers. Group spokesperson David Johnson told Rough & Polished’s Mathew Nyaungwa that the actions taken included reducing rough diamond production...

03 february 2020

Ethical sourcing and Diamonds Standards Organization

The diamond sector is ready to embrace a new decade and overcome some of its historical challenges. Ethical sourcing has proven to be undoubtedly one of the main aspects that industry professionals need to address. Antonio Cecere, President of Geneva...

27 january 2020

Mountain Province Diamonds announced its 9 months results ended September 30, 2019

08 november 2019

Mountain Province Diamonds Inc. announced its financial and operating results for the nine months ended September 30, 2019.  
According to the company, 32.1 million total tonnes were mined, showing a 7% increase on comparable period (September 30, 2018: 30.1 million tonnes). 2,644,000 tonnes of ore were treated, which is an 8% increase from comparable period (September 30, 2018: 2,443,000 tonnes) and 4,843,000 carats were recovered at an average grade of 1.83 carats per tonne, (September 30, 2018: 5,391,000 carats and 2.21 carats per tonne). 
Total sales revenue were of $211 million (US$159 million) compared to $240 million in 2018 (US$186 million) at an average realised value of $84 per carat (US$63) 2018: $99 per carat, (US$77). 
Net loss was $13.0 million or $0.06 loss per share (2018: net income $11.2 million or $0.06 earnings per share)

Alex Shishlo, Editor of the Rough&Polished European Bureau