KP Statistics: Russia Largest Producer, India Largest Importer of Rough in 2016
The Annual Global Summary report of the trade in rough diamonds in 2016 released yesterday by the Kimberley Process Certification Scheme (KPCS) once again confirms Russia’s premier position as the largest producer country both...
Bank Seizes Assets of Exelco, Report Says
On June 22, KBC Bank seized assets from Exelco, a former sightholder owned by a member of the storied Tolkowsky family, according to a report in Bloomberg.
KBC, former owner of now-shuttered Antwerp Diamond Bank,...
Diamond Production at Lulo Up 63% at 4,203 Carats for June 2017 Quarter
Lucapa Diamond Company Limited said that diamond production for the June Quarter (Q2 2017) at its Lulo Diamond Project in Angola touched 4,203 carats, marking an increase of 63% y-o-y. This figure...
Couples Are Ring Shopping with This New Criteria
Las Vegas--According to WeddingWire, an online wedding marketplace that connects vendors with couples and party planners, the criteria modern couples use to shop for engagement rings differs according to whether they’re on the giving...
Jacobs the Jewellers crowns young design winners
The competition attracted a record number of public votes over 200 votes were cast, more than double the previous year. The public vote saw Rebecca Burt claim first place in the jewellery competition with...
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...
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Zambia Lifts 15% Export Duty on Precious Gemstones, Boosting Emerald Sector
Zambia has officially suspended the 15% export duty on precious gemstones and metals, a significant move poised to invigorate the nation’s emerald industry. The...
HKTDC Twin Jewellery Shows to Dazzle in March with Global Exhibitor Surge
The stage is set for one of the most anticipated events in the global jewellery industry as the Hong Kong Trade Development Council (HKTDC)...
De Beers Unveils DiamondProof: A Game-Changer for Retail Diamond Verification
De Beers Group has introduced its cutting-edge DiamondProof verification device in select U.S. retail stores, revolutionizing how consumers authenticate natural diamonds. Designed to enhance...
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