Moscow, 24 January 2019 – ALROSA, a global leader in diamond production, reports diamond production volume in 2018 at 36.7 m carats and sales of 38.1 m carats (down 8%). Sales proceeds increased by 6% to $4.5 bn. In Q4 2018, diamond production decreased by 2% q-o-q (up 2% y-o-y) to 10.3 m carats driven by […]

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Diamond mining giant De Beers sold a total of US$440 million worth of rough diamonds for the 9th sales cycle of 2018, the group said in a recent report. The figure, which included global Sightholder and auction sales, was lower than actual sales of US$482 million achieved in cycle 8 of 2018, and US$466 million […]

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Citing strong global demand for fancy colour diamonds, Rio Tinto said its 2018 Argyle Pink Diamonds Tender collection of 63 rare pink, red and violet diamonds delivered record results. “The 2018 collection of the finest pink, red and violet diamonds from the iconic Argyle mine in Australia continued its trajectory of double-digit price growth. Sold […]

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A stunning Kashmir sapphire necklace with diamond accents is the star of Christie’s Magnificent Jewels auction scheduled for November 27 in Hong Kong. The sale will feature over 260 lots. The Peacock Necklace, adorned with highly coveted royal blue sapphires, has a pre-sale estimate of HK$95 million to HK$120 million or about US$12 million to […]

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The Gem & Jewellery Export Promotion Council’s (GJEPC) Surat Regional office recently conducted a week-long training programme on ‘Navratna Identification’ and an educational seminar on GST and Operational Excellence in Rajkot. Both the programmes were organised in association with the Gem & Jewellery Association, Rajkot and GIA India. The seminar on October 7 was held […]

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Gemfields reported that the Zambian Revenue Authority has launched an investigation into alleged tax evasion at its Kagem emerald mine. The colored stone miner said the governmental body served two search warrants during an unannounced visit to Kagem Mining Limited on Thursday. The authority issued the warrants on Kagem Mining Limited and Limpopo Polygraphs, a […]

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On May 31, 2018 the Diamond Empowerment Fund (D.E.F) hosted its annual Diamonds Do Good Awards in Las Vegas. The organisation described this year’s awards as the “most successful to-date”. The funds collected will be used to provide higher education scholarships and assistance to empower young people living in diamond producing countries and where the […]

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Mountain Province Diamonds Inc said in a statement released yesterday that its fourth diamond tender sale of 2018 achieved revenue of US$ 28.3 million (CDN$ 36.2 million), the highest total for any tender result to date. The Company said that 350,000 carats were sold realising an average sale price of US$ 81 per carat. Further, […]

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De Beers Group has successfully tracked 100 high-value diamonds along the value chain from mine to retail as part of its pilot for Tracr™, the name given to its new industry blockchain platform, the group said in a release today. The pilot created an immutable and secure digital trail for a selection of rough diamonds […]

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If you’re looking to supplement your diamond collection with some large D flawless stones, you are in luck. Sotheby’s plans to sell two more large D flawless diamonds at its upcoming May 15 jewelry auction in Geneva. The first of the two stones is a 51.71 ct. round brilliant-cut diamond; it ranks as the second […]

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