Diamonds are the most beautiful and valuable stones to ever exist. These precious stones are mined from 500km below the Earth’s crust but not all diamonds are the same or are the same in their value. They are approximately 3 billion years old and they only form when both huge pressure and heat come in […]

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A 0.64-carat fancy diamond was found to have a synthetic coating The Gemological Institute of America (GIA) has announced that in its recent examination of a 0.64-carat fancy greyish-greenish-blue cushion modified brilliant-cut diamond, it found a chemical vapour deposition (CVD) layer grown on top of it. The composite was found to be “consisting of a […]

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ASX-listed Lucapa Diamond Company and its partners have announced the recovery of a 130-carat gem quality diamond from the Lulo diamond project in Angola. The 130-carat diamond is the 13th +100 carat diamond recovered to date and the second recovered so far in 2019. This recovery, together with the continued recovery of other large special […]

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Sluggish global demand, coupled with the bankruptcy of a few firms, have resulted in large-scale unemployment in the diamond industry in Gujarat, especially in and around Surat Sluggish global demand, coupled with the bankruptcy of a few firms, have resulted in large-scale unemployment in the diamond industry in Gujarat, especially in and around Surat. According […]

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The Diamond Producers Association (DPA), a global alliance of the leading diamond mining companies, which represents 75% of the world’s diamond production, today released its first independent research report on its members’ impact on local communities, employees and the environment. The report, authored by Trucost and titled The Socioeconomic and Environmental Impact of Large-Scale Diamond […]

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Letlhakane, Botswana—Lucara Diamond Corp. announced last Thursday that it found a 1,758-carat piece of rough at the same mine where it recovered the 1,109-carat Lesedi La Rona. Discovered over Easter weekend, the huge stone is still being analyzed, but Lucara described it as being “near-gem of variable quality,” meaning it is an industrial diamond with […]

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Surat Diamond Association (SDA) is all set to organise the second Carats Surat Diamond Expo in the city. Carats, is essentially a B2B exhibition that is opening up new roads for the diamond merchants to connect and network, with the big sellers. The jewellers and the manufacturers are always on a lookout for reasonable rates […]

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Rio Tinto’s iconic Argyle diamond mine has produced one of the largest gem quality white diamonds in its 35-year history. The 28.84-carat gem quality white diamond was recovered from the east Kimberley mine in March 2019. Named Argyle Octavia in recognition of its octahedral shape, this rough diamond will be sold by tender in Antwerp […]

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Moscow, April 24, 2019 – At a meeting held on 23 April 2019 ALROSA Supervisory Board discussed the AGM agenda including the recommendation for FY2018 dividends. The Board recommended ALROSA shareholders to approve H2 2018 dividends of100% of its H2 2018 free cash flow, which is equivalent to RUB 30.3 bn or RUB 4.11 per […]

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The International Diamond Council has announced leadership changes. Effective immediately, HRD Antwerp chairman, Julien Drybooms, takes over from Harry Levy as chair of the International Diamond Council’s board, while Pol van der Steen takes the role of vice chairman. Drybooms has served on the executive committee of the World Federation of Diamond Bourses (WFDB) and […]

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