Sotheby’s to auction an exceptional round in April
This Spring, Sotheby’s Magnificent Jewels and Jadeite auction in Hong Kong promises to deliver “a wealth of color and design through rare gems and intricately crafted jewels.” The auction house will feature signed pieces...
ALROSA to start mining at upper levels of the International mine
ALROSA received approval from the regulatory body Glavgosexpertiza of Russia (the Main Department of State Expertize) for the project to open up and develop reserves at the upper horizons of the International (Inter) underground...
Alrosa Sticks to 35Mct Forecast, Despite Sanctions
Alrosa says it will not lower its forecast production of up to 35m carats this year - despite sanctions and banking restrictions imposed over its invasion of Ukraine.
It also said plans to re-open the...
Brits increasingly want to choose their own engagement ring, new survey reveals
An increasing number of Brits want to choose their own engagement ring, a new study by Buckley London reveals.
To find out the nation’s views on engagement rings, the fashion jewelry brand has surveyed UK-based...
Lucara Records Net Loss of US$4 Mn for Q3 2019 On the Back of...
Announcing its results for the quarter ended September 30, 2019 (Q3 2019) Lucara Diamond Corp. reported total revenue of US$45.3 million for the period against revenue of US$45.7 million recorded Q3 2018. This was...
Rio Tinto’s Diamond Business Reports Loss as Revenue and Earnings Dip in 2019
Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21...
Coronavirus: Supply Chain Must Change, says Lucara Boss
The diamond industry must re-invent its supply chain and move on from traditional Sights and tenders in favor of new technology, says Lucara boss Eira Thomas.
The COVID-19 pandemic and resulting travel bans have highlighted...
Kohgem launches daily wear Diamond Jewellery Collection
Kohgem has unveiled a daily wear lightweight diamond jewellery collection. This collection is an essential part of the daily-wear collection of accessories. Capturing the essence of this summer season, Kohgem, a lightweight diamond jewellery...
Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline
Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond...
Alrosa Finds 22 Diamond Deposits in Zimbabwe
Russian miner Alrosa has discovered 22 new diamond deposits in Zimbabwe following a $12m exploration program in a joint venture with the country's government.
An announcement about the findings was made by Zimbabwe's President Emmerson...
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