ALROSA to Conduct Safety Assessment of All Its Underground Mines
Russian diamond mining giant ALROSA has constituted an ad hoc expert group to conduct a comprehensive safety assessment of all its underground mines before September 1, 2017. In addition to the Mir mine, ALROSA...
President Putin Briefed on Rescue Effort at Mir Mine; Work Hampered by Rising Water...
The Minister for Emergency Situations in Russia, Vladimir Puchkov briefed Russian President Vladimir Putin on the progress of rescue operations at the Mir mine in Yakutia and the situation in the typhoon-hit Far-East, according...
BlueRock Diamonds Raises £860 000 Via Share Issue to Bolster Kareevlei Operations
In order to take ahead its operations at the Kareevlei mine in South Africa, BlueRock Diamonds plc has raised £860 000 through the issue of shares. A total of 68.8 million shares were placed at...
Petra Diamonds reports record production and revenue levels
Petra Diamonds has revealed a production and revenue increase for the year ended 30 June 2017.
In its Trading Update ahead of its preliminary results for the year, Petra has reported a 8% increase in...
Diamond Delights: 6 Jewels From A. Link
If it’s diamonds you seek, it’s A. Link you’ll find. (Sounds wise, I know.) The 113-year-old company, with European heritage and a New York address, has been crafting very beautiful jewels since its inception. You’ll find a mix...
De Beers Diamond Production Up 21% in H1, Sales Rise 9%
Diamond production at De Beers increased 21% year-on-year to 16.1 million carats for the six months ended June 30, 2017, mining conglomerate Anglo American plc said in its latest production report. Last year the...
Alrosa Finds Two Large Diamonds
Alrosa has found two substantial diamonds in the last week from its mines in Yakutia—one 110 cts., the other 75.31 cts. (pictured).
Both rough diamonds are considered gem-quality octahedron crystals with small inclusions. One has...
India’s Polished Diamond Exports Up 7.5% in June
Exports of cut and polished diamonds from India were US$ 1.98 billion in June 2017, a rise of 7.47% as compared to the US$ 1.84 bn in the same month a year earlier, according...
ALROSA’s Supervisory Board Gets New Chairman
Anton Siluanov, Minister of Finance of the Russian Federation has been voted in as the new Chairman of the Supervisory Board by members of the board, ALROSA announced on Friday.
Additionally, Yegor...
Govt Issues Clarification: No GST on Resale of Old Gold Jewellery by Individuals
The Ministry of Finance, Government of India has issued a further clarification that sale of old jewellery by an individual to a jeweller will not make the latter liable to pay tax under the...