Industry News

September 27, 2018

ALROSA's "True Colours" auction of colored diamonds during the Hong Kong Jewellery & Gem Fair earlier this month raised $9 million.

The miner said that 210 diamonds were sold in the first round of the auction, with strong bidding and most lots sold for well above their...

September 27, 2018

The program is part of De Beers Group’s three-year partnership with UN Women, which includes a US$3 million investment to advance women and girls in De Beers Group’s diamond producing countries, announced in September last year.

In addition to the capacity-building prog...

September 27, 2018

The Zimbabwean government has approved a five-year diamond mining project worth $400 million, which is owned by the Zimbabwe Consolidated Diamond Mining Company (ZCDC), according to a state broadcaster.


It was not clear where the project was located, but the company wa...

September 27, 2018

The World Federation of Diamond Bourses (WFDB) is fine-tuning the agenda for its meetings in Mumbai in a month’s time, says a press note from the organization.


WFDB President Ernie Blom said the organisation's agenda would comprehensively reflect the issues dominating...

September 27, 2018

In an effort to narrow the current account deficit (CAD), the Indian government on Wednesday increased the import duty on 19 'non-essential items' including polished diamonds, gemstones and jewelry, but excluded rough diamonds from the increase.

The import duties on cu...

September 27, 2018

The October 8-10 Bharat Diamond Week is set to welcome many representatives of diamond and jewelry companies who were planning to visit the Hong Kong Jewellery and Gem Fair but had to cut short or cancel due to Typhoon Mangkhut which battered Hong Kong, the Bharat Diam...

September 26, 2018

A 23.13-carat, emerald-cut diamond ring owned by Olympic gold medalist Katherine Domyan sold for $444,500 at Bonhams’s New York sale, exceeding initial estimates for the stone. 

The Harry Winston piece, which had an I-color and I1-clarity grading, carried a pre-sale e...

September 26, 2018

AGD Diamonds held an open auction for the sale of rough diamonds on Grib Diamonds’ digital platform.

As it is stated in the company’s press release distributed on Wednesday, the auction was attended by AGD Diamonds’ largest customers from India, Israel and China bringi...

September 26, 2018

Botswana Diamonds said the Free State province in South Africa has potential to host further commercial kimberlites following research in various archives into the country’s history of diamond mining.


It said that aerial imagery and ground truthing had partially “compl...

September 26, 2018

TSXV-listed Pangolin Diamonds said a percussion drill programme conducted at its wholly-owned Malatswae diamond project in Botswana has returned positive kimberlite indicator minerals at depths between 74 and 98 m.


The drilling was undertaken where a target was initial...

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