March 21, 2018

Fura Gems kicks off initial production at iconic Coscuez emerald mine

Early output of 1,720 carats of emeralds, including 826 carats of top quality ones, was achieved through a bulk-sampling program carried out within eight weeks of the completing the acquisition…

March 21, 2018

Alrosa launches synthetics diamonds detector

The portable machine screens polished diamonds and jewellery, identifying synthetics as well as treated stones.

March 19, 2018

The price of lab-created diamonds continues to fall

The discount of gem-quality lab-created diamonds relative to natural diamonds has doubled from 11-20% a year ago to 28-40% today.

March 19, 2018

Moti doubles Zimbabwe investments as economy seen opening up

Moti Group is preparing to double its investments in Zimbabwe to $500 million after the removal of Robert Mugabe as president in November.

March 19, 2018

Zimbabwe changes majority black ownership for diamond, platinum mines

The mpowerment laws now limit majority ownership by state miners only to the diamond and platinum sectors, as oppose to the entire mining sector.

March 16, 2018

De Beers, Mountain Province go after Kennady Diamonds to expand joint Canadian mine

The partners in Canada's Gahcho Kué mine, Mountain Province, said the planned acquisition opens up some potential new options for the operation’s future.

March 15, 2018

Zimbabwe ownership law stymies RioZim’s bold expansion plan

RioZim Ltd., a Zimbabwean diamond, nickel and gold miner, wants to more than double output of gemstones at its Murowa mine.

March 15, 2018

Russian diamond company Alrosa posts 28% profit fall

The average price of its gem-quality diamonds fell by 9% in 2017, it said, citing "changes in the product mix".

March 14, 2018

Gem Diamonds soars as it finds seventh giant rock this year

It's a 169-carat, top white colour Type IIa rock diamond dug up at the company's flagship Letšeng mine in Lesotho.

March 13, 2018

Fifth-largest gem quality diamond in history sold for $40 million

Gem Diamonds found the 910-carat diamond, named "The Lesotho Legend," in January.