Diamonds, pearls and other jewelry valued at $177m have been seized by Indian officials investigating fugitive billionaire Nirav Modi and his uncle Mehul Choksi. Last week a court-approved the confiscation of assets for the first time since the Fugitive Economic Offenders Act came in to force two years ago. A total of 108 packages allegedly […]

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Traders and merchants in India have been crowding outside private vaults to retrieve their diamonds after lockdown rules were finally eased. Authorities in Surat, the cut-and-polish hub, have allowed factories and workshops to resume production with up to half their staff, providing they follow strict guidelines on sanitizing and social distancing. Security companies that operate […]

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Altius Minerals Corporation announced that its subsidiary Adia Resources Inc., which had carried out the first drilling programme on its new grassroots diamond discovery, the Lynx Diamond Project at Manitoba, Canada, has now received the results of microdiamond analysis. “The drilling results confirm the thickness and continuity of the diamond bearing ultramafic units identified from […]

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The 2019 Plenary Meeting of the Kimberley Process got underway today in New Delhi with an impressive inaugural ceremony that saw the participation of dignitaries from India and across the world. Those present on the dais at the inaugural session included Mr. B.B Swain, KP Chair; Mr. Alexander Alexeevich Pshenichnikov, KP Vice-Chair; Dr Anup Wadhawan, […]

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Diamond explorer Botswana Diamonds PLC has announced the recovery of the first diamonds from diamond-bearing gravels and unprocessed stockpiles surrounding the Marsfontein Mine. The stockpiles are believed to contain commercial-grade diamonds. “I am delighted with the rapid progress the team has made on-site and it is noteworthy that the first diamonds were recovered within two […]

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In a guest blog by Gabriela Flores on the website of the International Institute for Environment and Development, she lists what is needed to change the conversation about artisanal mining and conflict diamonds “Millions of people in some of the world’s poorest countries depend on diamond mining for a living. Yet a focus on dealing with […]

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The leading daily The Namibian reported that Namibia’s Central Procurement Board (CPB) has awarded an N$300 million [US$21 million] contract to Gem Diamonds Namibia to evaluate Namdeb’s diamonds over the next five years. While it is the country’s Ministry of Mining’s task to hire an independent diamond valuator to ensure that diamonds sold by Namdeb, […]

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Petra Diamonds published a report for the first quarter of the year. The company produced 924,228 carats, compared to 992,315 carats in the first quarter of 2018, reflecting the increased production at the Cullinan, Koffiefontein and Williamson mines, but offset by lower production at the Finsch mine. With the expansion of operations at the Cullinan […]

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De Beers Group announced yesterday it would start providing enhanced transparency regarding diamonds purchased from its Sight sales by introducing a “diamonds from DTC” (DTC = Diamond Trading Company) source of origin claim. Diamonds from the DTC come from mines and recovery areas in Botswana, Canada, Namibia and South Africa. The idea is to support […]

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