Lucapa Upbeat Over Results of Initial Exploration Efforts to Locate Lulo Kimberlite Source
Lucapa Diamond has described the initial results of its exploration to locate the hard-rock kimberlite source(s) of the alluvial diamonds within the prolific Lulo diamond field in Angola as “exciting and highly encouraging”, and...
Israel Diamond Exchange Gets Back to Business
The Israel Diamond Exchange opened its Trading Floor once again on Sunday May 24, 2020, and declared a return to “normal” activity after being closed for two months due to a lockdown being declared...
Firewood Collector Stumbles on $25,000 Diamond
A villager collecting firewood in India stumbled on a 4.39-carat rough diamond valued at $25,000.
Genda Bai, 45, was working in forest in Purusottampur, in the central state of Madhya Pradesh, when she made the...
South Africa lockdown to hit Anglo American output
Diversified miner Anglo American (LON: AAL) said on Friday that South Africa’s 21-day lockdown to slow the spread of the coronavirus will impact its iron ore and coal guidance the most.
The company, founded in...
Surat Manufacturers Extend Summer Vacations
Manufacturers in Surat are reportedly extending their summer vacations as the recession hits and consumers in the US and Europe boycott Russian goods.
Slow demand is forcing many units to lay off staff, reduce working...
“Russian Diamonds Sponsor Killings,” says Ukraine Diplomat
A Ukrainian diplomat is urging consumers not to buy Russian diamonds, because they fund the war in her country.
Liubov Abravitova, who serves as her country's ambassador to South Africa, Botswana and Mozambique, made the...
“Solid” Results at Gem Diamonds, Despite Ukraine War
Gem Diamonds delivered a "solid" set of results in 2022, despite increased costs as a result of Russia's invasion of Ukraine.
The UK-based miner saw revenue fall by just over six per cent to $188.9m...
ALROSA Reduces Production Guidance for 2020 to 28–31 Mn Cts from 34 Mn Cts...
ALROSA said recently that the Strategic Planning Committee of the Company’s Supervisory Board has “reviewed options to cut spending and optimise production as proposed by the management and recommended that the management be guided...
Petra Holds Back 75,000 carats amid Weak Demand
Petra reported sharp drops in both revenue and prices at its May tender, and said it held back parcels of over 75,000 carats because of weak demand.
The UK-based miner is currently operating only two...
De Beers Forevermark Launches Its New Campaign This festive season.
Unveils three new designs to the Forevermark Avaanti Collection-
Mumbai, October 18, 2022 – De Beers Forevermark, the world’s leading and trusted diamond brand have launched their festive season campaign, as the brand unveiled three...
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Lucara Unveils the Name of the World’s Second Largest Diamond
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Indian Farmer’s Diamond Sells for $111,000 at Auction
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