The 14-year-old found the unique a 3.85-carat jellybean-size piece in an Arkansas state park last year.
De Beers' explored for diamonds in the Southern African nation between 2005 and 2012, but relinquished its concession after finding no economically viable project.
While diamonds are the most strictly checked raw materials in the world, there is a certain amount of illegally traded gems that make it into the market.
The agreement with three parties lays out a series of proposed financing transactions for the mine, the world’s biggest undeveloped source of diamonds.
Diamond Services Ltd., the Hong Kong-based firm that markets cutting-edge technological solutions to the diamond, gem and jewellery industry and trade, introduced its diamond screening service during the US & International Diamond Week in Israel that takes place this week at the Israel Diamond Exchange.
A PwC survey shows that only 4% of the 700 companies polled across 15 industries said they have completed a draft of their SEC conflict minerals filings.
ALROSA and the Dubai Diamond Exchange (DDE) signed a Memorandum of Understanding (MoU) aimed at improvement of cooperation between the company and the UAE diamond community.
In this interview with The Mining Report, Bogner details what these shifting power dynamics will mean for the commodities market.
System offers solution for authenticating quantities of colourless melee rocks at very low price.
Shares in the company were soaring Thursday.
Rough diamonds are one of the country's biggest exports.
Contrary to media reports last week that project could be delayed.
The diamond giant expects to secure exploration rights in Angola before the end of the year.
But value of exports still down nearly 50% over the past 11 months due to domestic scarcity of the yellow metal.
Regulatory restrictions limited shipments to the site this winter, delaying construction.
The pieces not only are historically significant, but they are also unique as rarely ever Papal jewellery goes for sale.
The bourse is expected to grow the $8 billion fine jewellery retail business in Latin America to more than $10 billion in the next two years.
The miner is warning the multitude of new legislation could send compliance costs soaring by tens of millions of dollars for global companies.
Estimated to be worth around $20,000.
The figure includes salary, a cash bonus, shares and other benefits for the man who was able to take Rio Tinto from a US$3 billion loss to a US$3.7 billion profit in a year.
50 mines are estimated to account for 90% of global rough diamond supply in 2014.
University of Alberta scientists have found the first direct evidence of vast amounts of water trapped deep inside the Earth.
PDAC curse or blessing? Fresh from the Letter Writer Presentations track at the Prospectors and Developers Association of Canada (PDAC) conference, The Gold Report asked thought leaders to share their impressions from the annual minefest.
Production of rough diamonds expected to be worth $19.6 billion by 2018.
Arctic region's vast riches set to attract over $100 billion in investments over the next decade.
Get Mining News and Alerts
sent to your inbox daily