130 carat gem quality diamond recovered at Lulo
ASX-listed Lucapa Diamond Company and its partners have announced the recovery of a 130-carat gem quality diamond from the Lulo diamond project in Angola.
The 130-carat diamond is the 13th +100 carat diamond recovered to...
India Still Fighting G7 Sanctions
The G7 sanctions on Russian diamonds will hurt India most, says the country's external affairs minister, Subrahmanyam Jaishankar.
"Our effort is to delay , to soften it and best of all, not let this happen...
De Beers’ Sales Down to $500m Ahead of Diwali
De Beers today said it sold $500m (provisional) of rough at Cycle 8, down over a fifth on the previous Cycle, but broadly in line with the same period last year ($492m).
At the end...
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 million. Rough diamond sales amounted to $315.8 million, while those...
GJEPC Appoints Ruchita Sharma as Executive Director, Marketing & Publicity
The Gem & Jewellery Export Promotion Council (GJEPC) has appointed Ruchita Sharma as Executive Director, Promotions, Marketing & Business Development.
Ruchita comes to the GJEPC from Swarovski, where she led the Marketing, Operations...
ALROSA reports its July 2021 diamond sales results
ALROSA reports preliminary rough and polished sales results for July 2021.
ALROSA sales of rough and polished diamonds in July totaled $334 million, including proceeds from rough diamond sales of $318 million, and polished diamond...
Lucara Presents 2018 Outlook: Production 270,000 – 290,000 Cts; Revenue US$ 170-200 Mn
Lucara Diamond Corp has projected that production from its Karowe Mine in Botswana in 2018 would be about 270,000 to 290,000 carats with revenue reaching between US$ 170 million to US$ 200 million. The...
As expected, De Beers reports decline in performance for second quarter
The De Beers Group released its production results for the second quarter earlier this month, reporting that its rough diamond production was down 14 percent to 7,7 million carats recovered. Mine closures, lower grades...
Mixing of natural & lab-grown diamonds hits traders hard
The diamond industry is going through tough times. Traders and dealers, who are already facing a financial slump, are now forced to wage a war against those who rampantly 'mix' synthetic lab-grown diamonds with...
Chinese delegation takes part in India diamond week
A delegation of buyers from China participated in the maiden edition of the India International Diamond Week, and successfully networked and closed business deals with exhibitors, according to the event organizer.
The group, composed of...
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