COVID-19 Gives Rise to a New Way of Doing Business AWDC and IDI to...

In the time of coronavirus, two organisations have taken the lead to carry on business efforts. The Antwerp World Diamond Centre (AWDC) and Israeli Diamond Institute (IDI) have announced that they are joining forces...
Sergey Ivanov Re-Elected CEO by ALROSA’s Supervisory Board

Sergey Ivanov Re-Elected CEO by ALROSA’s Supervisory Board

In a unanimous decision, the Supervisory Board of ALROSA at an absentee meeting re-elected Sergey Ivanov as CEO and Chairman of the Executive Committee for a period of five years. Sergey Ivanov, who was earlier...

India’s Polished Diamond Exports Dip Sharply in February

India’s gross exports of cut and polished diamonds dipped significantly below last year’s levels due to the impact of Covid-19, declining by 40.92% during the month of February 2020, according to provisional data released...

GSI launches market-leading lab-grown diamond grading report

Gemological Science International (GSI) has introduced a new grading report for lab-grown diamonds. The new report, LGX Complete, which is the most comprehensive grading report available on the market today for lab-grown diamonds, is for...
Gem Diamonds recovers 100 diamonds larger than 100 carats

Gem Diamonds recovers 100 diamonds larger than 100 carats

LSE-listed Gem Diamonds has announced its Full Year Results for the year ending 31 December 2019. Commenting on the results, Clifford Elphick, CEO of Gem Diamonds, says: “Gem Diamonds delivered solid operational results which together with...

Rio Tinto’s Diamond Business Reports Loss as Revenue and Earnings Dip in 2019

Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21...

Finestar Diamonds opens manufacturing factory

Finestar Diamonds Botswana, a wholly-owned subsidiary of Finestar Jewellery and Diamonds of India, officially opened its factory in Gaborone Finestar is a sight holder of De Beers specialising in the manufacturing of polished diamonds ranging...

Lucy Quartermaine introduces diamond-set designs for SS20

Award-winning designer Lucy Quartermaine is set to launch two diamond-set collections for SS20. The first step into diamond designs for the designer, the collections have been greatly received by retail partners so far with many...

Lucapa’s Second Sale of Lulo Diamonds in 2020 Nets US$ 1.9 Million

The second sale of Lulo alluvial diamonds in 2020 brought in a revenue of US$ 1.9 million, Lucapa Diamond Co Ltd announced today. The mine in Angola is jointly owned by Lucapa and its...

ALROSA Recovers First Large Yellow Diamond at its Verkhne-Munskoye Deposit

ALROSA recently recovered the first large coloured rough diamond at its new Verkhne-Munskoye deposit in Yakutia. The find, a bright yellow gem-quality diamond weighing 17.44 carats was “unearthed” in mid-February from the Zapolyarnaya kimberlite pipe,...

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South Africa lockdown to hit Anglo American output

South Africa lockdown to hit Anglo American output

Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its...
Signet returns to growth but UK sales continue to suffer

Signet returns to growth but UK sales continue to suffer

Signet Jewelers ended its 2020 fiscal year with a strong holiday season and fourth quarter, but the UK continued to see a decline in...
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