Surge in Belgian Imports of Russian Diamonds

Surge in Belgian Imports of Russian Diamonds

Belgium's imports of Russian diamonds in January rose by 36 per cent year-on-year, according to the government-run Belgian Foreign Trade Agency (BFTA). Rough imports were €132m ($141m) in January 2023, compared with €97m ($104m) in...
HRD Antwerp Investigated over Upgrade Claims

HRD Antwerp Investigated over Upgrade Claims

HRD Antwerp is under investigation by a court in Belgium over allegations that it routinely upgraded diamonds, according to the De Tijd newspaper. It says it obtained e-mails, internal procedures, slides, audit reports and filmed...
35-ct Diamond Fetches $2.7m in White Glove Sale

35-ct Diamond Fetches $2.7m in White Glove Sale

A 35-carat Leviev diamond ring beat its $2.5m high estimate yesterday when it sold for $2.7m at Bonham's New York. The type IIa emerald-cut, D-color, VVS1-clarity diamond was accented by a round brilliant-cut diamond-set gallery...
World's First 5G Smart Diamond Mine

World’s First 5G Smart Diamond Mine

Debswana yesterday announced details of "the world's first 5G-oriented smart diamond mine project" in conjunction with the Chinese tech corporation Huawei. By connecting over 260 pieces of equipment at the Jwaneng mine, in Botswana, it...
Lucapa Recovers 150-ct Diamond at Lulo

Lucapa Recovers 150-ct Diamond at Lulo

Lucapa has recovered a 150-carat Type IIa D-color white diamond at its Lulo alluvial mine, in Angola. The Australian miner says it's the 36th +100-carat diamond from the mine since it began commercial production in...
Petra Diamonds Reports a $17.6m Loss

Petra Diamonds Reports a $17.6m Loss

Petra Diamonds today reported a 20 per cent dip in sales for the first half of fiscal 2023 and a net loss of $17.6m. The London-based miner made a profit of $49.1m during the same...
Buckingham Palace Camilla Won't Wear Koh-i-Noor

Buckingham Palace: Camilla Won’t Wear Koh-i-Noor

Camilla, Queen Consort, will not wear the disputed 105-carat Koh-i-Noor diamond at the coronation of her husband King Charles III, Buckingham Palace said today. Instead she will wear a modified version of Queen Mary's crown,...
Zimbabwe Court Returns 129,400-ct Diamonds to UK Miner

Zimbabwe Court Returns 129,400-ct Diamonds to UK Miner

A parcel of 129,400-carats of rough diamonds that has been at the center of a 12-year dispute in Zimbabwe is to be returned to UK miner Vast Resources. They'd been in custody of the Zimbabwean...
Angola's 2022 Diamond Sales up to $1.95bn

Angola’s 2022 Diamond Sales up to $1.95bn

Angola exported 8.75m carats last year, well down on its original forecast of 13.8m. But total revenue was $1.95bn, the Ministry for Mineral Resources, Oil and Gas said, an increase of almost a quarter on...
LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Jewellery & Watch Revenues Soar 18% To €10.58 Billion In 2022

LVMH Moët Hennessy Louis Vuitton, the world’s leading luxury goods group, reported jewellery and watch revenue growth of 18% to €10.58 billion in 2022, in comparison with 2021. The division’s profit from recurring operations...

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