Industry News

December 26, 2018

De Beers and Alrosa have released the dates of their rough-diamond sales for 2019. Next year, De Beers will not hold a sight in October, replacing it with a sight in August instead. Alrosa sales also include goods from its subsidiaries, Alrosa-Nurba, Severalmaz and Alm...

December 26, 2018

Diamcor Mining’s rough-diamond sales rose 62% year on year to $1.4 million in the third fiscal quarter. 

The company sold 7,162 carats during the period which ends December 31, for an average price of $196 per carat, it said last week. 

At its December tender, the la...

December 26, 2018

Lucapa Diamond Company Limited has declared an $8 million distribution and loan repayment.

Of the $8 million, half will be distributed to the partners in the Lulo mine in Angola, with Lucapa receiving $1.6 million in line with its 40% interest. The other $4 million will...

December 26, 2018

The Dubai Diamond Exchange (DDE) is to join the MyKYCBank platform of India's Gem & Jewellery Export Promotion Council.

Ahmed Bin Sulayem, Executive Chairman of DMCC, and Chairman of DDE, and Pramod Kumar Agrawal, Chairman, GJEPC, signed the agreement which enables DMCC...

December 20, 2018

The second-largest diamond in history was probably twice as big before it broke into pieces, researchers at the Gemological Institute of America (GIA) have claimed.

Similarities between the 1,109-carat Lesedi La Rona, the 812-carat Constellation and three other stones...

December 20, 2018

Lucapa Diamond Company brought in $1.5 million at a sale of goods from its Mothae mine, with individual stones fetching up to $15,000 per carat.

The Australia-based miner sold 4,000 carats of rough diamonds it recovered during initial bulk sampling at its asset in Les...

December 20, 2018

HRD Antwerp will open a diamond-jewelry grading laboratory in Dubai’s Almas Tower through a partnership with retailer Stargems Group. 

The center, which will be HRD’s first such lab in the Middle East, will be located within the Dubai Multi Commodities Centre (DMCC) F...

December 20, 2018

The participants of the recent Kimberley Process Plenary Meeting hosted by the European Union in Brussels carried their work to completion on November 16, 2018 but were left with a home work on their hands to be done before the next convention under the chairmanship of...

December 19, 2018

Gem Diamonds has recovered two large diamonds within a 24-hour period at its Letšeng mine in Lesotho, the company said Wednesday. 

The high-quality stones are white, type IIa diamonds weighing 101 carats and 71 carats, it added. 

The 101-carat stone is the 14th diamo...

December 19, 2018

Angolan mining company Sociedade Mineira de Catoca is set to invest $330 million in large sample collection works at Luaxe mine, in Angola over the next three years, according to Macauhub.


Company director general Benedito Paulo was quoted as saying that work was sched...

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