Alrosa Sticks to 35Mct Forecast, Despite Sanctions
Alrosa says it will not lower its forecast production of up to 35m carats this year - despite sanctions and banking restrictions imposed over its invasion of Ukraine.
It also said plans to re-open the...
TRIGEM’s Fully-Certified Charlotte Boiling Facility in Dubai Inaugurated with DMMC Participation
TRIGEM’s Charlotte Boiling facility, located in the heart of Dubai’s diamond hub, the Jewellery and Gemplex Building, in Jumeirah Lakes Towers (JLT), Dubai, was inaugurated on February 11, 2020.
DMCC participated in the official opening...
Lucara Records Net Loss of US$4 Mn for Q3 2019 On the Back of...
Announcing its results for the quarter ended September 30, 2019 (Q3 2019) Lucara Diamond Corp. reported total revenue of US$45.3 million for the period against revenue of US$45.7 million recorded Q3 2018. This was...
Amateur Unearths 3.29-carat Ugly Diamond
A regular visitor to the "sift your own diamond" park in Arkansas, USA, unearthed a a 3.29-carat brown gem, the biggest find there in 18 months.
David Anderson is no stranger at the Crater of...
Petra Diamonds Revenue Down 6% in H1 FY2020 as Rough Prices Decline
Petra Diamonds Ltd, releasing its figures for the six-month period ended December 31, 2019, said that revenue was down 6% while adjusted EBITDA fell 11% under the impact of a decline in rough diamond...
Rio Tinto’s Diamond Business Reports Loss as Revenue and Earnings Dip in 2019
Rio Tinto, announcing its financial results for the year 2019, revealed that sharp declines in both revenue and earnings from its diamond business resulted in the segment reporting a net loss of US$ 21...
Coronavirus: Supply Chain Must Change, says Lucara Boss
The diamond industry must re-invent its supply chain and move on from traditional Sights and tenders in favor of new technology, says Lucara boss Eira Thomas.
The COVID-19 pandemic and resulting travel bans have highlighted...
Kohgem launches daily wear Diamond Jewellery Collection
Kohgem has unveiled a daily wear lightweight diamond jewellery collection. This collection is an essential part of the daily-wear collection of accessories. Capturing the essence of this summer season, Kohgem, a lightweight diamond jewellery...
Diamonds remain the ultimate symbol of love, despite modern consumers rewriting the rules of...
Words by head of strategic communication at De Beers Group, David Johnson.
As traditions evolve, diamonds remain the ultimate symbol of love.
Traditions surrounding love and marriage have changed dramatically in recent times. Where once the...
No Diamond Ban in New EU Sanctions
The EU has imposed new sanctions worth almost $7bn on Russia, but has again decided against a ban on rough diamonds.
The 27-nation bloc acknowledged that the state-owned miner was funding a submarine bearing its...
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