Washington, D.C.—The Smithsonian has a special new stone in its National Gem Collection. The museum has acquired the 48.86-carat red “Whitney Flame Topaz,” which it says is one of the finest topaz in the world. The gem was privately owned for decades until the museum acquired it with the help of philanthropist Coralyn Wright Whitney […]

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At ALROSA’s auction held in New York from September 17, 2018 to October 5, 2018 of special size rough diamonds (over 10.8 carats), the Company garnered a total revenue of US$ 7.9 million. More than 90% lots with total weight of over 1.300 carats were sold. The auction was attended by clients from the US, […]

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Tango Mining Limited yesterday provided an update of the 2018 financial year end operational and production of the mines in which the Company has an interest in the Republic of South Africa, Botswana, Angola and the recently added Liberia. At the Oena Diamond Mine in the Republic of South Africa, the appointed mining contractor, Bluedust […]

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Sergey Ivanov, the CEO of ALROSA, was named as one of the best CEOs in the mining sector, by Institutional Investors’ ranking, the Russian miner announced today. In the just released Institutional Investor ranking Emerging EMEA Executive Team 2018, Ivanov was ranked second, while he topped the 2018 list as per the rankings based on […]

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The Annual Global Summary report of the trade in rough diamonds in 2017 released last week by the Kimberley Process Certification Scheme (KPCS) reconfirmed Russia’s position as the world’s largest producer country of rough diamonds both in terms of volume and value. India, the largest manufacturing center, understandably retained its position as the largest importer […]

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The diamond industry is going through tough times. Traders and dealers, who are already facing a financial slump, are now forced to wage a war against those who rampantly ‘mix’ synthetic lab-grown diamonds with natural diamonds. Traders from Surat and Mumbai stare at huge losses and bankruptcy even as the synthetic diamonds are peddled along […]

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