NDC & Jos Alukkas Join Forces To Promote Natural Diamonds
The Natural Diamond Council (NDC) and jewellery retailer Jos Alukkas have announced a strategic partnership to elevate the natural diamond industry. This collaboration aims to enhance consumer awareness, promote transparency, and drive demand for...
Buyer Sought for Stornoway Diamonds
A buyer is being sought for Canadian diamond miner Stornoway, after it filed for bankruptcy protection last month.
The company has suspended operations at Renard, the first and only diamond mine in Quebec province, and...
Newfield Resources Eyes Strategic Partner for Sierra Leone’s Tongo Diamond Mine
Australian mining company Newfield Resources is set to bring in a new partner to manage operations at its Tongo diamond deposit in Sierra Leone. The company has signed a non-binding term sheet with fellow...
Alrosa CEO Pavel Marinychev Named In Latest U.S. Sanctions
In an effort to curb Russia’s ongoing military actions in Ukraine, the United States has imposed additional sanctions on individuals and entities associated with Russia’s military capabilities, energy projects, and financial activities. Russian diamond...
Gemfields Temporarily Suspends Kagem Mining Amid Strategic Restructuring
Gemfields Group Limited, a leading player in the colored gemstone sector, has initiated a series of cost-cutting measures to address pressing challenges affecting its operations and revenues.
The company reported that recent emerald and ruby...
Indian Farmer’s Diamond Sells for $111,000 at Auction
A stunning 19.22-carat diamond, discovered by a part-time miner in India’s Panna district, recently sold for an impressive $111,000 (Rs. 93,79,360) during a organized auction.
This exceptional gemstone was the highlight of an auction where...
Renewed Calls for G7 Verification Point in India
India is renewing calls for its own G7 diamond verification center, in addition to Antwerp and, as of next year, Botswana.
There has been near-universal opposition within the industry to Antwerp as the sole verification...
BHP “to Increase Offer for Anglo American”
BHP is likely to increase its all-share offer for Anglo American after the UK miner rejected its $39bn bid last week.
A successful bid would almost certainly mean the sale of De Beers, which doesn't...
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