The Provenance Proof Blockchain – the first coloured gemstone blockchain initiated by Gübelin Gem Lab in cooperation with technology provider Everledger – will be launched globally in February 2019. The primary purpose of the Provenance Proof Blockchain is to record all steps of a specific gem along the supply chain as a means to track […]

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Organisers of the largest and, arguably, the most looked forward to trade fair of the jewellery industry — JCK Las Vegas – have announced dates for the 2019 edition. The show will take place at the Sands Expo and The Venetian, and will feature JCK Las Vegas, Luxury by JCK, JIS Exchange, as well as […]

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De Beers Group, announcing interim results for H1 2018, reported a total revenue of US$ 3.2 billion, “in line” with revenue for the same period of the last year, which amounted to US$ 3.1 billion. However, the Company reported a decline in underlying EBITDA for the period by 9% to US$ 712 million, as compared […]

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Washington – There’s a load of bling buried in the Earth. More than a quadrillion tons of diamonds to be exact – or one thousand times more than one trillion – US researchers at the Massachusetts Institute of Technology (MIT) reported this week. But don’t expect a diamond rush. These naturally occurring precious minerals are […]

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The dates of the 2018 World Diamond Congress have been finalised and the WFDB has announced that it will be held in Mumbai from October 23 to 25, 2018. The Congress is the bi-annual meeting of the World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA). Confirming the dates, WFDB President […]

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ALROSA’s Hong Kong auction of special size (over 10.8 carats) rough diamonds, generated a total sales revenue of US$ 10.4 million – an amount “more than 1.5 times higher than the starting price”, the Company declared. At the auction, ALROSA sold a 100 lots of gem-quality diamonds with a total weight of 1,550 carats. The […]

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Lucara Diamond Corp today announced that its 12th Exceptional Stone Tender comprising 10 single stone lots fetched a total revenue of US$ 32.48 million, achieving an average price of US$ 22,356 per carat. The tender consisted of 10 single stone lots, ranging from 472.37 to 40.4 carats in size, totaling 1,453.06 carats, and included two […]

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ALROSA will conduct a new series of free medical camps for screening of all its employees across different locations from August onwards, the mining company announced. It added that it will be increasing the budget for this activity as compared to the spend during the previous year. Health screening camps were first conducted during October […]

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Coloured gemstone specialist Gemfields sold US$72 million worth of rough rubies at an auction in Singapore, representing an all-time record for the company. Gemfields, a 100-percent owned subsidiary of Pallinghurst, offered a total of 86 lots of Mozambique rubies, of which 82 were auctioned off. The average price was pegged at US$122 per carat, a […]

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Arctic Star Exploration Corp has announced that the first diamond results from the Spring drilling programme at its 100% owned Timantti Diamond Project near Kuusamo, Finlandhave been encouraging. There are four known diamondiferous kimberlite bodies on the Project area. The Company said that the results are from 79.95kg of split HQ size drill core from […]

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