May 14, 2021

Russia’s biggest cut diamond fetches $14.1 million at Christie’s

The Spectacle, which was cut from a rough stone discovered by Alrosa at an alluvial mine in Russia’s Far East in 2016, took a year and eight months to prepare…

May 14, 2021

Largest ever Russian diamond fetches $14.1m at Christie’s

The Spectacle, which was cut from a rough stone discovered by Alrosa in 2016, took a year and eight months to prepare and polish in Moscow.

May 13, 2021

Mountain Province taps Dunebridge for $33m loan

The short-term loan from Dunebridge will address the company’s short-term liquidity needs.

May 12, 2021

Petra Diamonds reaches $6m settlement on human rights abuse claims

The miner had been accused of being responsible for widespread human rights violations at the Williamson mine in Tanzania.

May 12, 2021

Strong demand for diamonds, rough and smooth, boosts Alrosa sales

Global demand for precious stones has been recovering from the impact of the covid-19 pandemic since the second half of 2020.

May 10, 2021

Lucara ‘bounces back’ in Q1 on healthier diamond market

The company reported net income of $3.4 million, compared with a net loss of $3.2 million in the same quarter of last year.

May 10, 2021

Gem Diamonds finds 370-carat diamond at Letseng

Since acquiring the mine in 2006, the company has found more than 60 white gem quality diamonds over 100 carats each.

May 7, 2021

101-carat diamond to be auctioned in Geneva jewellery sale

The largest diamond ever cut in Russia will be auctioned in Geneva later this month.

May 7, 2021

Fancy color diamond prices show mixed results in Q1 2021

The Fancy Color Research Foundation reported the latest results of its Fancy Color Diamond Index.

May 6, 2021

Lucara secures $220 million for Karowe expansion

The backing of five lenders will be used to fund the company’s underground expansion plan for its Karowe mine in Botswana.