September 19, 2018

Worldwide jewelry sales increase by 5% in Q2 – ALROSA present the results of its global luxury and jewelry market research

"Today, the shares of the Indian market are being redistributed among the stakeholders, with large retailers encroaching upon their smaller competitors. Nevertheless, despite all of the major players' efforts, most…

September 19, 2018

SYNTHdetect wins industry innovation of the year at JNA Awards

The International Institute of Diamond Grading & Research (IIDGR), a member of De Beers Group, is pleased to announce that its industry-first synthetic screening device, SYNTHdetect, was awarded Industry Innovation…

September 18, 2018

Botswana trims growth prospects, sees wider budget deficits

Botswana's economy is expected to expand by 4.5 percent this year.

September 17, 2018

Petra Diamonds CEO to leave following shares value dip, debt increase

Johan Dippenaar has held the top position since 2005, when Petra merged with Crown Diamonds.

September 16, 2018

Lucapa introduces Lulo diamonds into Angola’s new diamond marketing system

According to Lucapa, policy shifts in the southern African country allow management to plan for the sale of such high-value stones, something the company was not able to do before.

September 16, 2018

How Anglo quietly built a commodity trader in Glencore’s shadow

In just five years, Anglo assembled marketing operations that now sell more metals than the company produces.

September 14, 2018

De Beers steps up hunt for fake diamonds with new detector

The world’s top diamond producer by value has led industry efforts to both verify the authenticity of diamonds and ensure they are not from conflict zones where gems may be…

September 14, 2018

Anglo American asks Angola for permission to explore for metals

The move makes the company the first mining major to request exploration permits in the country since President João Lourenço vowed to open up the sector and encourage foreign investment.

September 13, 2018

De Beers officially the new owner of Peregrine Diamonds

The C$107 million-acquisition ($82m) gives the miner access to the Chidliak diamond project in Canada, which hosts at least 74 kimberlites, eight of which are potentially economic.

September 12, 2018

Swiss scientists developing method to detect low-temperature heated rubies from Mozambique

Since their discovery in early 2009, the ruby deposits near Montepuez in Mozambique have produced an impressive number of exceptional-quality stones.