Tango Mining Limited plans to acquire acquire a “75% unencumbered interest” in the the Middlepits Project (the Property) — an alluvial diamond property in Botswana — from Metswedi Mining (Pty) Ltd. “Tango will be responsible for all further exploration and develoment expenditures on the Property upon closing (the Closing),” the Company said, announcing its decision […]

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Stellar Diamonds plc announcing its final results for the period ended 30 June 2017 reported that it had raised US$ 1.2 million cash through a combination of equity and debt in the financial year. The Company had also received another $ 0.25 million in the year “as an advance on the sale of the Group’s […]

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Pearl jewellery specialist Claudia Bradby has seen sales rise by 45% in the last six months. This growth comes following the appointment of the brand’s national account manager, Zee Robinson, who joined the team in May to further develop relationships with stockists and help expand Claudia Bradby’s reach. In her first six months, Robinson has […]

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The diamond trade in Antwerp took a sharp upward turn in November, with rough exports rising 22.3% in value terms and a massive 141.6% in volume terms year-on-year, according to figures released by the Antwerp World Diamond Centre (AWDC). Polished imports and exports too exhibited positive growth in comparison to November 2016, the data indicated. […]

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The 709-carat diamond recovered in March this year in Sierra Leone, has finally sold at auction in New York for a price of US$ 6.5 million – which might seem like a large sum to most. However, at an earlier auction held in Sierra Leone’s Freetown in May, the government of that country had refused […]

The post The 709-Ct ‘Peace Diamond’ Sells for US$ 6.5 Mn; But Below Earlier Expectations appeared first on The Jewelry Magazine.

With Day One having defined the broad direction of change for the industry as it seeks to achieve its target of US$ 25 billion of jewellery exports by 2025, attention on Day Two moved on to cover various particular aspects of the policy framework that would be required for the purpose. It witnessed a fairly […]

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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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London–Gem Diamonds Ltd. was giving extra thanks last week. On Nov. 23, the London-based mining company announced the recovery of a “high quality” 202-carat D color Type IIa diamond from the Letšeng mine in Lesotho. The stone is the seventh diamond weighing more than 100 carats recovered this year from Letšeng–which Gem contends is the […]

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The Diamond Producers Association (DPA) has unveiled its latest “Real is Rare” advertising campaign for the 2017 US holiday season, airing the first of two new videos during the 18th Annual Latin Grammy Awards last week on Univision and the second at ABC’s broadcast of the 2017 American Music Awards over the weekend. The campaign, […]

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Meya Mining Ltd has appointed Koin International DMCC as the marketing and sales agent of the exceptional 476 carat diamond discovered at the Meya deposit in the Kono District of Sierra Leone. The diamond will be sold at tender, Koin said in a statement. The ‘Meya Prosperity’ diamond, as it is named, is the fifth […]

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