Industry News

June 28, 2018

Dominion Diamond Mines will hold an online auction of its latest production of fancy colour and +10.8 carat rough diamonds, in co-operation with I. Hennig Tenders, on Thursday, 19 July 2018.

Dominion says the most recent production from the Misery kimberlite pipe, of t...

June 28, 2018

De Beers subsidiary Element Six has started work on its new $94 million lab-grown-diamond facility just outside Portland, Oregon. 

The factory will manufacture synthetic diamonds exclusively for De Beers’ new fashion-jewelry brand, Lightbox Jewelry. The groundbreaking...

June 28, 2018

Chinese diamond companies will send large stones for polishing at a new manufacturing facility in Israel, the Middle East nation’s industry body said. 

Bourses in the two countries reached the agreement this week during a visit to Israel by Lin Qiang, president of the...

June 28, 2018

Dominion Diamond Mines has reached a tentative agreement with the Union of Northern Workers (UNW) that could potentially save 150 jobs at the Ekati deposit. 

Dominion had planned to replace that many employees with contract workers due to high levels of absenteeism. H...

June 28, 2018

Positive sentiment despite sluggish Hong Kong show. Stable US and Chinese demand supporting the market. Suppliers holding polished prices firm as high rough prices squeeze manufacturers’ profit margins. Larger-than-expected $575M June De Beers sight signals robust roug...

June 27, 2018

In the heyday of “A Diamond Is Forever,” consumers responded strongly to slogans and instructive advertising. As social media has influenced a more interactive dialogue between businesses and their customers, that is no longer the case. Today, consumers respond to inno...

June 27, 2018

The Kimberley Process (KP) has agreed to shorten the amount of time it takes to clear diamond exports from the Central African Republic (CAR) to one week. 

The KP monitoring team that polices CAR’s exports made the decision following the KP intersessional meeting in A...

June 27, 2018

Alrosa’s shareholders elected a new supervisory board at the company’s annual general meeting Tuesday. 

The role of the 15-person supervisory board is to exercise general control over the miner’s operations. Its members include CEO Sergey Ivanov, as well as politician...

June 27, 2018

Tango Mining said it produced 152.63 carats (95 diamonds) during the “most recent” production period ending 14 June from its Oena diamond mine, in South Africa.


It said the diamonds were also sold at an average price of $973.13 per carat during a tender in Kimberley. 


...

June 27, 2018

Rapaport Academy has created two online courses to help retailers improve their marketing and sales. 

The e-learning platform launched the new programs in response to retailers’ requests for extra resources to help their online and in-store activities, it said Wednesd...

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