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 Guangzhou Diamond Exchange (GDE) recently held its first rough diamond tender in Panyu, Guangzhou, from April 19-25. The tender was based on the international trading mode as used in Dubai and Antwerp. “More than 230,000 cts (46 kg) of rough diamonds mined from Africa were put on tender, attracting around 200 industry experts from […]

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ALROSA Group’s production of rough diamonds rose by 6% during 2017 to reach 39.6 million carats during 2017, the Russian miner said while releasing its Production and Preliminary Trading Performance figures for the year last week. The Company said it had delivered on the annual diamond production plan despite the shutdown of Mir underground mine […]

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Graff, manufacturer of some of the most most spectacular jewellery made from the rarest, largest and finest diamonds, announced that it had acquired the 476 carat Meya-Prosperity rough diamond that was recently discovered in the Kono District of Sierra Leone by Meya Mining. It is the 29th largest diamond ever uncovered, and the 5th largest […]

The post Graff Buys 476 Ct Prosperity Diamond, Has Worked on Majority of 21 Largest Stones of 21st Century appeared first on The Jewelry Magazine.

The De Beers Group reported a 46 percent increase in rough diamond production to 9.2 million carats during the third quarter of 2017, reflecting stable trading conditions as well as the contribution from the ramp-up of Gahcho Kué in Canada. According to De Beers, the figure is in line with a higher production forecast for […]

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UK-based tender house Bonas is holding a one-off clearance sale of polished coloured gemstones with a total weight of 200,000 carats at the September Hong Kong Jewellery & Gem Fair. The exceptional pieces include 60 parcels of rubies (60,000 carats), 350 parcels of emeralds (70,000 carats), 150 parcels of blue sapphires (20,000 carats) and 15 […]

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Alrosa has put veteran banker Evgeny Agureev in charge of its sales division ahead of the miner’s new contract period for rough-diamond buyers, it said Wednesday. Agureev (pictured) will be the director of the United Selling Organization (USO), Alrosa’s diamond sorting and sales unit. He will be responsible for developing rough sales, making them more […]

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Rough diamond production at the major mines in Botswana dipped by 8.5% in value during the first six months of 2017 as compared to the same period a year earlier, according to statistics released recently by the Bank of Botswana. According to the report, ‘rough exports’ from Botswana during H1 2017 amounted to US$ 1.65 […]

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  Due to the cessation of mining activities at Saxendrift and Remhoogte-Holsloot (RHC) and with the sole operation, Wouterspan (WPC), being still in ramp-up phase, Rockwell Diamonds Inc. has seen a huge impact on its revenues for Q4 2017 and FY 2017 (quarter and year ended February 28, 2017). The Company reported that rough diamond […]

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