Consumers attracted to diamond jewelry more than ever

Ali Pastorini is the co-owner of Del Lima Jewelry and President of Mujeres Brillantes, an association which 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...

Yesterday

WDC actively supports initiatives from mine to retail; and also strives for support for the artisanal and small-scale miners - Edward Asscher, President, World Diamond Council

A member of one of the diamond industry and Amsterdam’s most well-known families, Edward Asscher was elected President of the World Diamond Council in June 2020 for a two-year term. Asscher is serving a second time as WDC President, having led the organization...

14 september 2020

Diamonds are one of the few things that have held human fascination in every nook and cranny of the world across time

Dr Usha R. Balakrishnan, a preeminent historian of Indian jewellery based in Mumbai, is Chief Curator of the World Diamond Museum. Being the author and co-author of several volumes of Diamonds Across Time, a new book and an important venture launched...

11 september 2020

Botswana Diamonds to bulk sample KX36 kimberlite, sees commercial potential

Botswana Diamonds recently acquired Petra Diamonds’ exploration assets in Botswana for $300000. The assets that were owned by Petra through its wholly-owned Sekaka Diamonds Exploration, include the KX36 project, a 3.5 hectare kimberlite that was a new...

07 september 2020

Indian diamond industry looks for recovery options

Webinars being the order of the day due to COVID-19 crisis, the Gem & Jewellery Export Promotion Council (GJEPC) of India organized a virtual meeting under its UNCUT 2020 Webinar series on 17 August 2020, inviting all stakeholders to discuss...

31 august 2020

Gem Diamonds recovers 183 ct white stone at Letšeng

04 february 2020

gem_diamonds_logo.pngGem Diamonds has recovered an “exceptional” 183 carat white Type IIa diamond at its Letšeng mine, in Lesotho.  
The company said it also recovered two different high quality diamonds, one of 89 carats and the other of 70 carats.
Letšeng mine is the highest dollar per carat kimberlite diamond mine in the world.
The company recovered several +100 carats stones from Letšeng last year. 


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Image credit: Gem Diamonds


It also sold 25,631 carats during the third quarter ending September 30, 2019, down 10% from 28,379 carats in the second quarter.
Its diamond prices eased by 6% to $1,417 per carat from the previous $1,501.
Production from Letseng was also up 1% to 27,539 carats in the third quarter from 27,210 carats in second quarter. 

Mathew Nyaungwa, Editor in Chief of the African Bureau, Rough&Polished from Cape Town, South Africa