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Lucara Reports $26m Loss as it Holds Back Special-Sized Stones

Lucara Reports $26m Loss as it Holds Back Special-Sized Stones

Lucara reported a fall in revenue and per-carat prices during the pandemic as it held back the large stones (+10.8-cts) that usually represent 70...
10 most expensive diamonds of all time

10 most expensive diamonds of all time

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...
ALROSA

Severalmaz to bring the processing plant back into operation a month ahead of schedule

Arkhangelsk, February 24, 2021 – Due to the improvement in the global diamond market, ALROSA Group’s management decided to bring the processing plant of...
Nirav Modi U.S. Boutique Grand Opening

Celebrity jeweller accused of fraud and death threats can be extradited, says UK court

Celebrity jeweller Nirav Modi, accused of a number of crimes as part of a $2 billion (£1.44 billion) banking scandal, can be extradited to...
Boaz Moldawsky Elected President of the Israel Diamond Exchange

Boaz Moldawsky Elected President of the Israel Diamond Exchange

Ramat Gan, Israel, February, 2021: After a tense election campaign, which included a second round of voting, Boaz Moldawsky was declared today the new...
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