Industry News

November 27, 2019

Stargems sold nearly $50 million worth of rough diamonds at a tender in Dubai this month.

A total of 577,000 carats of high-quality rough from across Africa went on sale at the Dubai Diamond Exchange’s Almas Towers, with more than 500,000 of those originating from the...

November 27, 2019

Angolan national diamond trading company, SODIAM, is currently conducting the country’s second international diamond tender in the capital, Luanda. 

The auction, which commenced last week will run until 6 December and it features a single stone extracted by Sociedade Mi...

November 27, 2019

The five-day Kimberley Process Plenary Meet which commenced on November 18, ended on November 22, 2019, at the national capital, New Delhi, India.


Mr B B Swain, KP Chair and Additional Secretary, while addressing the gathering said that India was honoured to host the 2...

November 27, 2019

The first ever direct tender in Antwerp of 350,000 carats of rough diamonds from the Democratic Republic of the Congo (DRC) delivered on all expectations.

Out of 115 companies, both Antwerp-based companies and foreign buyers from Israel, India, Dubai and other coun...

November 27, 2019

An auction of polished diamonds manufactured by Alrosa and held in New York has generated revenue of $4.8 million. The auction was organized by Diamonds of ALROSA, the company's cutting and polishing division.

The company sold 255 polished diamonds with a total weight o...

November 27, 2019

Ending weeks of speculation, French luxury group LVMH Moët Hennessy Louis Vuitton SE (LVMH) has acquired luxury jewelry chain Tiffany & Co. After an initial $120 perc share offer, LVMH will pay $135 per share in cash, in a deal totaling $16.2 billion. 

The acquisition...

November 27, 2019

In 2100, the diamond industry will look vastly different from its current makeup, Martin Rapaport assured diamantaires at the recent Antwerp Rough Diamond Days event. Most notably, it will be less influenced by the mining companies as demand dynamics increasingly impac...

November 27, 2019

India's exports of cut and polished diamonds in October declined by 15.4% year-on-year to 1.95 billion as compared to $2.30 billion in October 2018, according to the provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC) of India.

The $1.95 b...

November 25, 2019

Gem Diamonds has recovered two diamonds weighing more than 100 carats from its Letšeng mine in Lesotho.

The miner found a 120-carat, high-quality, white, type IIa diamond on November 20, and a 125-carat, low-quality stone on November 19, it said. The stones are the ni...

November 25, 2019

The De Beers Group has created a new booklet to clearly differentiate between two "entirely different" products, with two entirely different value propositions, which now form part of its product portfolio: natural and laboratory-grown diamonds. 


According to the Diamo...

Please reload

Please reload

Recent Posts
Search By Tags
Archive