De Beers Namibia diamond venture sells mine to local consortium
Namdeb Holdings Limited, a joint venture between the Namibian Government and Anglo American’s diamond unit De Beers Group, said on Thursday that it has sold Elizabeth Bay Mine and its associated marine assets as...
China’s National Gemstone Testing Center (NGTC) and Sarine Sign Strategic Framework
Sarine Technologies Ltd. and NGTC are pleased to announce that they have signed a strategic framework at NGTC’s headquarters in Beijing on September 16, 2019. The National Gemstone Testing Center (NGTC), the Gems &...
ALROSA Supervisory Board to consider acquisition of Smolensk-based Kristall
At its meeting on September 24, the ALROSA Supervisory Board will consider the acquisition of a 100% stake in Joint-Stock Company "Production Corporation "Kristall" from the Russian Federation represented through the Federal Agency for...
Petra’s Revenue Decreases By 6% Y-o-Y to Reach US$463.6 Mn; Net Loss Widens
Announcing its preliminary (unaudited) results for the year ended June 30, 2019 (FY 2019), Petra Diamonds Limited reported that its revenue of US$ 463.6 million, had decreased by 6% as compared to a revenue...
India pulls down Antwerp’s diamond trade by more than 30 per cent
Sluggish off-take of rough diamonds and export of cut and polished diamonds by Indian gems and jewllery sector has badly affected the trade in the global diamond trading hub, Antwerp. The Belgium city saw...
Surat 250 Diamond Units Shuttered and 40,000 Jobs Cut in Last Year
The news out of Surat, India's "Diamond City," is troubling, with reports of 250 diamond units there and across Gujarat having shut down in the past year. According to the Times of India, up...
77 Diamonds reveals ambitions to become a ‘European fine jewellery powerhouse’
Online giant jewellery 77 Diamonds have revealed ambitious plans to become a European fine jewellery powerhouse and double in size by 2023.
In an exclusive interview with The Express, the firm, which won the Digital...
ALROSA August sales of rough and polished diamonds reached $181.8 million
ALROSA Group announces diamond sales results for August and eight months of 2019.
In August, ALROSA Group sold $181.8 million worth of rough and polished diamonds. Rough diamond sales by value amounted to $180.2 million,...
Consumers can now get lab-grown diamond piercings in Covent Garden and Knightsbridge
British lab-grown diamond jewellery brand, Lark & Berry, has rolled out its luxury piercing concept to two new locations in London.
Consumers will now be able to get a lab-grown diamonds piercing at Covent Garden-based...
Rio Tinto Launches Argyle Pink Everlastings™ Among Last Pink Diamond Offerings of Argyle Mine
Rio Tinto today announced the launch of its “Argyle Pink Everlastings™ Collection”, a c of rare pink diamonds that will be among the last from its Argyle diamond mine in the east Kimberley region...
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