October 25, 2011

Gem sells rough for $16.5 million and bargains for cut of polished profit

London-listed Gem Diamonds announced Tuesday it has sold the world’s 14th largest white diamond discovered at its Letšeng Mine in Lesotho two months ago for $16.5 million in cash. Gem…

October 24, 2011

Russia’s rich kimberlite brighten prospects says Frost & Sullivan

Russia is the world’s largest source of rough diamonds. In 2010, it accounted for 23.5% of the total diamond production in terms of volume, and 25% in terms of value.…

October 24, 2011

IDEX Online Research: Jewelry Suppliers’ Inflation Squeezes Retailers’ Margins

The disparity between retail prices of jewelry and wholesale jewelry prices swelled in September, according to the latest inflation data from the BLS.

October 24, 2011

Initiative Brings European Retailers & Indian Jewelry Manufacturers Together

India’s GJEPC is organizing an Indo-Europe jewelry summit, scheduled to run November 15-20. Essentially in the format of a buyer-seller meet, the summit will involve a series of meetings between…

October 23, 2011

Sata’s shake-up ‘for the better’

THE controversial steps taken by Zambia's new President Michael Sata in that country's mining industry is aimed at bringing partnerships and inclusivity into the industry, said Arshad Dudhia, one of…

October 23, 2011

Rio Tinto Diamonds Announces Judges for Global Design Competition

October 23, 2011

De Beers Wins Top Sustainability Reporting Award

October 23, 2011

Diamond Giant De Beers Wins Top Sustainability Reporting Award

Diamond giant De Beers offices For the second year running, De Beers has been declared the Overall Winner in the ACCA South Africa Sustainability Reporting Awards for its Report to…

October 23, 2011

Eurostar Diamond Traders Wins RJC Certification

A diamond cutter at work (illustrative) Eurostar Diamond Traders NV, the Belgian diamond cutting and polishing manufacturer, has achieved certification meeting the Responsible Jewellery Council’s ethical, human rights, social and…

October 23, 2011

De Beers Q3 Diamond Production Up 3 pct

(IDEX Online News) – De Beers mined 9.3 million carats of diamonds in the third quarter ending September 30, a 3 percent year-over-year increase. Compared to the second quarter of…