ALROSA and Zimbabwe Consolidated Diamond Company (ZCDC) signed a number of agreements to finalize a creation of a joint venture for prospect and exploration works for primary diamond deposits in the Republic of Zimbabwe. A shareholder agreement and a JV establishment agreement were signed by Sergey Ivanov, ALROSA CEO, and Killian Ukama, Eng., a Non-Executive […]

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VBJ in association with the Gemological Institute of America (GIA), offers Guarantee Card assuring purity on natural diamonds Vummidi Bangaru Jewellers, a 119-year-old Chennai headquartered jewellery brand, has launched a Guarantee Card for Melee diamonds, further guaranteeing the authenticity and purity of the natural diamonds used in their jewellery. The VBJ Guarantee Card assures that […]

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To better reflect its mission, the Diamond Empowerment Fund is changing its name to Diamonds Do Good. Diamonds Do Good was set up in 2007 and for over 12 years has supported programs that develop and empower people in diamond communities around the world. In recent years, it has also told the stories of the […]

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Organized by the Israel Diamond Institute (IDI), the Israel Diamond Pavilion will be in the diamond area in Hall 3BC. As in previous years, it will include a spacious lounge, this time in a new and modern design, with refreshments served throughout the day. Convenient “Get Diamonds” terminals will enable buyers to search a computerized […]

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Registration is now open for the 2019 Bharat Diamond Week (BDW) which will take place at the bourse from 14 to16 October. The third edition of the event, following the two shows held last year, will host delegations of buyers from China, Australia, and various Asian countries. The second edition of the Bharat Diamond Week […]

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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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A year after the Nirav Modi-Mehul Choksi scam rattled the nation, diamondNSE 0.00 % houses in India are being pushed to change the way they have been doing business for many decades. Harsh new rules laid down by large banks would force them to restructure their entities, change business associates and spend more. The largest […]

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London–Its first auction of the year helped Gemfields’ Kagem emerald mine surpass the $500 million revenue mark. The auction of predominantly commercial-quality rough emerald mined in Zambia was held in Jaipur, India, from Feb. 19 to 22 and totaled $10.8 million. Both Gemfields and local news reported that bidding was lighter than normal, with some […]

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Lucara Diamond Corp has projected that production from its Karowe Mine in Botswana in 2018 would be about 270,000 to 290,000 carats with revenue reaching between US$ 170 million to US$ 200 million. The Company said that it is forecasting to mine robust volumes from the high value south lobe, with ore mined forecast to […]

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A Special Report prepared by CIBJO’s Coral Commission as a basis for discussion at the organisation’s forthcoming Congress that opens in Bangkok on November 5, 2017 has outlined the need for multiple educational campaigns to clear misconceptions regarding sustainability of the industry. It says that there are many such issues, and the organisation needs to […]

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