Firms behind coloured diamonds scam shut down
An Insolvency Service investigation has led to two companies involved in the valuation and selling of fancy coloured diamonds being shut down.
IGL Labs UK Limited (IGL) and Diffraction Diamonds DMCC (Diffraction) have both been...
ALROSA to “Adjust” Development Strategy; Ivanov Says No “Fundamental” Changes Expected
ALROSA President Sergey Ivanov while outlining the key decision of the Company’s Annual General Meeting of Shareholders, “to adjust the (Company’s) development strategy”, reassured stakeholders that “no fundamental changes are expected”. A press release...
GIA Reports First Ever Observation of H4 Defect in CVD Synthetic Diamond
The GIA has recently come across what it says is the first ever observation of a H4 defect in a CVD synthetic diamond. The stone was submitted to its Carlsbad laboratory for a synthetic...
Crown of Light Passes $100 Million in Annual Sales
The Crown of Light, the branded diamond sold exclusively in stores managed by Diamonds International, surpassed $100 million in annual sales last year, the company announced.
“It’s a big milestone for us,” says Diamonds International’s...
Merlin Prepares for Exploration Drilling; Hopes to Identify New Kimberlites
Merlin Diamonds has announced that it is gearing up to conduct a drilling programme for exploration purposes.
The 3,500-metre drilling programme on the Merlin Mine Lease located in the Northern Territory in Australia, will commence...
ALROSA to Pay RUB 65.8 Billion as 2016 Dividend
At the Annual General Meeting of PJSC ALROSA, shareholders approved the resolution for payment of RUB 65.769 billion as the annual dividend for 2016, which amounts to RUB 8.93 per ordinary share of 50...
Design graduates’ fears soar over Brexit and costs of London living
Graduates are planning to avoid the capital and are feeling uncertain about a post-Brexit future according to a new study from New Designer.
The survey of the best design graduates from across the UK, exhibiting...
Dominion Diamond Corp. Names Jewelry Design Contest Winner
Yellowknife, Northwest Territories--Dominion Diamond Corporation has announced La Pierre Précieuse Inc. as this year’s winner of the CanadaMark Jewelry Competition.
The annual competition serves to highlight Dominion’s CanadaMark diamonds, which are responsibly mined in...
Trans Hex Group’s Loss for FY 2017 Widens to R182.6 Mn
For the year ended March 31, 2017, the Trans Hex Group reported a loss of R182.6 million as compared to a loss of R100.8 million incurred in the previous fiscal.
The loss per share amounted...
Gemfields’ Independent Committee to Shareholders: ‘Seriously Consider’ Pallinghurst Offer
The Independent Committee of Gemfields plc has advised its shareholders to “seriously consider” whether to accept the Pallinghurst offer after reiterating its view that it “significantly undervalues” the Company and warning them about the...
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