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Car industry drives up platinum and palladium demand – and prices

A surge in investment buying and higher automotive consumption will underpin a nine percent gain in gross platinum demand in 2019, offsetting weakness in...
Gujarat diamond industry facing large-scale job issues

Gujarat diamond industry facing large-scale job issues

Sluggish global demand, coupled with the bankruptcy of a few firms, have resulted in large-scale unemployment in the diamond industry in Gujarat, especially in...
Namibia's CPB awards disputed US$21-million diamond deal to controversial firm

Namibia’s CPB awards disputed US$21-million diamond deal to controversial firm

The leading daily The Namibian reported that Namibia's Central Procurement Board (CPB) has awarded an N$300 million contract to Gem Diamonds Namibia to...
Lucara reports strong first quarter

Lucara reports strong first quarter

Junior miner Lucara Diamond Corp reported its results for the quarter ended March 31, 2019. The company said that with respect to all mining...
Alrosa

ALROSA’s April sales of rough and polished diamonds reached almost $319 million

ALROSA, the world's largest diamond miner, announces diamond sales for April and four months of 2019. April sales of rough and polished diamonds reached $318.7...
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