Industry News

February 28, 2017

Charlize Theron stole the attention of jewelry observers at Sunday’s Academy Awards with a mammoth pair of earrings featuring diamonds from the Karowe mine in Botswana.
 


The actress attended the Oscars ceremony in Hollywood wearing Chopard diamond drop earrings with a...

February 28, 2017

Hollywood's stars got their night to shine on the red carpet at the 89th annual Academy Awards, but their stunning diamond jewelry perhaps shone even brighter.

The showstopper was the pair of statement earrings (photo) by Chopard featuring a 25-carat pear-shaped D-flaw...

February 28, 2017

De Beers reported rough diamond sales of $545 million in February as demand remained steady from the beginning of the year.

Sightholders noted an improvement in market conditions for the first two months of the year, particularly after Indian demand slumped in Novembe...

February 28, 2017

ALROSA did not carry out sweeping changes to prices at its diamond trading session with long-term clients in January and February, representatives of two of the miner's counterparties told Interfax, ​but the company did adjust prices for small, low-quality diamonds, or...

February 28, 2017

Stornoway Diamond Corporation has issued its annual results, detailing a memorable 2016.

Their Renard Diamond Mine officially opened on October 19, 2016, and following the commencement of ore processing on July 15, 2016, commercial production was formally declared on J...

February 28, 2017

As announced in December 2016, junior miner Rockwell Diamonds signed an agreement to sell "none-core assets" - the Remhoogte and Saxendrift mines - to Nelesco Proprietary 318 for US$3.48 million (ZAR45m); it has now been completed.

The sale and purchase agreement also...

February 28, 2017

Sarine and GGTL Laboratories have signed a collaboration agreement to research new and advanced approaches to gemological challenges facing the diamond industry.

They have signed a collaboration agreement to research new approaches to diamond grading and authentication.

...

February 27, 2017

Botswana Diamonds has raised £525,000 before expenses ($650,000) from the placing of 35 million new ordinary shares with new and existing investors.

The net proceeds will be used to fund ongoing kimberlite drilling at the Frischgewaagt property in South Africa, drilling...

February 27, 2017

Diamond miner Trans Hex reported sales of $14.7 million (ZAR 201.1 million) at three recent tenders of rough stones from its wholly owned operations in South Africa.

The sales in October, December and February fetched an average price of $895 per carat for 16,447 cara...

February 27, 2017

Sergey Ivanov, Jr., Senior Vice President of Sberbank, who is the son of Sergey Ivanov, Special Representative of the Russian Federation President and former chief of the Presidential Administration, will be the new head of ALROSA, reporters were told by Yury Trutnev,...

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