(IDEX Online) - SCS Global Services (SCS) has announced the launch of a pilot program to audit and analyze the sustainability of lab grown diamonds. SCS is a third-party certifier and standards developer that has been retained by the Lab Grown Diamond Council to create an independent "product" sustainability certification standard for diamonds."The pilot audits mark an important step in the proces...Read More
(IDEX Online) - The Diamond Empowerment Fund will distribute grants totaling $470,000 to nine beneficiaries on three continents. The grants will support girls' education, entrepreneurship, youth empowerment and higher education opportunities.This year for the first time, a grant is being given to a program for girls in high school at the Ambaba Girls School in Surat, India. The program focuse...Read More
(IDEX Online) - The Diamond Producers Association (DPA) has launched its new Real is Rare, Real is a Diamond campaign. Called "The Diamond Journey," it follows the journey from discovery to a finished 2-carat engagementThe DPA says that besides themes of love and romance, the campaign highlights the heirloom quality of diamonds to encourage consumers to understand the legacy of diamonds. This camp...Read More
Members of the World Diamond Council (WDC) assembled in Antwerp, Belgium, on October 2 and 3, for the organisation’s annual general meeting (AGM), where proceedings were dominated by discussions about the pending conclusion of the Kimberley Process’ review and reform process, and the related call by the WDC and others that the scope of the Kimberley Process Certification Scheme (KPCS)...Read More
MOSCOW – The former head of a Siberian diamond mine owned by Alrosa where eight men were killed in a flood two years ago was found dead in a pre-trial detention centre on Tuesday, a day after he was arrested, Russian investigating authorities said.A regional branch of the federal Investigative Committee said there were indications the death of Alexey Burkser at the centre in the remote Yakut...Read More
JOHANNESBURG (miningweekly.com) – South Africa is one of the world’s top three mega biodiverse nations along with Brazil and Indonesia, said Environment, Forestry and Fisheries Minister Barbara Creecy in her address to the Oppenheimer Research Conference (ORC).“We are thus one of the richest countries in terms of the diversity of plants and animals both marine and terrestria...Read More
RAPAPORT... A pink diamond ring was the top lot at Sotheby'sHong Kong auction Monday, garnering HKD 155.8 million ($19.9 million), or $1.9 million per carat. The cut-cornered rectangular mixed-cut, 10.64-carat, fancy-vivid-purplish-pink, internally flawless stone, set between two white trapeze diamonds, had a presale estimate of HKD 150 million to HKD 200 million ($19.1 million to25.5 m...Read More
RAPAPORT... Petra Diamonds will offer a 20.08-carat blue diamond at aspecial tender in Johannesburg next month, with analysts predicting the rough couldattract $15 million.The miner recovered the type IIb, "exceptional" gem-qualitystone at its Cullinan deposit in South Africa last month. It has not given anyfurther information on the diamond's quality."We expect this stone to fetch a good price -...Read More
RAPAPORT... There was a time, though not very recent, when a gathering of the World Federation of Diamond Bourses (WFDB) was graced by royalty and high-ranking politicians, recalled industry consultant Peter Meeus at the organization's annual Presidents' Meeting that took place late September in Dubai. "Can we bring back the old days when kings and queens were honoring international [diamond]...Read More
RAPAPORT PRESS RELEASE, October 7, 2019, Las Vegas...Diamond market sentiment was weak in September after the Hong Kong show demonstrated a slowdown in Chinese demand.Buyers from mainland China are cautious. The US-China trade war, depreciation of the yuan, and higher gold prices have diminished their spending power. US jewelers are limiting their inventory purchases as the shift to interactive di...Read More
(IDEX Online) - Everyone may look for the big diamond finds, but sometimes big things come in small packages. At least, that's the case with an unusual "diamond within a diamond" found at Alrosa's Nyurba mining and processing division in Yakutia. Experts believe that the stone, which resembles a traditional Russian Matryoshka doll, is the first diamond of its type ever found a...Read More
(IDEX Online) - Petra Diamonds will hold a special tender of the 20.08-carat blue diamond. The stone, a gem-quality Type llb diamond, was recovered from the Cullinan mine in South Africa last month.Viewings will take place at Petra's diamond marketing offices in Johannesburg from November 1-7 and at the Diamond and Exchange and Export Center from November 8-15.London Stock Exchange-listed Pet...Read More
Russian miner Alrosa has discovered what believes to be a first in the history of global diamond mining: a diamond with another diamond moving freely inside it.The unusual stone, which resembles a traditional Russian Matryoshka doll, was mined in Yakutia, Russia.AdvertisementCiting scientists, Alrosa said in a media statement that the diamond could be more than 800-million years old.Despite its co...Read More
LSE-listed Petra Diamonds will hold a special tender for the sale of a 20.08 ct blue diamond recovered from the Cullinan mine, in South Africa, in September.Viewings, which can be reserved via appointment, will take place from November 1 to 7 at Petra's diamond marketing offices in Johannesburg.AdvertisementThe tender will then follow from November 8 at the Diamond Exchange and Export Centre.T...Read More
JOHANNESBURG (miningweekly.com) – Asset managers globally have become the lightning rod of populist views in Western countries, with the conversation now dominated by climate-change issues within the environmental, social and government (ESG) paradigm as well as what the prospective upheaval in the vehicle industry means for different metals, the Joburg Indaba heard this week.Investor respec...Read More
Finland-focused explorer Karelian Diamonds has raised £50 000 through a subscription of 1 428 571 new ordinary shares of €0.00025 each, at a price of 3.5p each.The net proceeds of the subscription will be applied for general working capital purposes.AdvertisementExisting shareholder Martello Holdings, whose ultimate beneficial holder is Thomas Anderson, subscribed for the shar...Read More
RAPAPORT... A pink diamond ring was the top lot at Sotheby'sHong Kong auction this week, garnering HKD 155.8 million ($19.9 million), or $1.9 million per carat. The cut-cornered rectangular mixed-cut, 10.64-carat, fancy-vivid-purplish-pink, internally flawless stone, set between two white trapeze diamonds, had a presale estimate of HKD 150 million to HKD 200 million ($19.1 million to25....Read More
RAPAPORT... Petra Diamonds will offer a 20.08-carat blue diamond at aspecial tender in Johannesburg next month, with analysts predicting the rough couldattract $15 million.The miner recovered the type IIb, "exceptional" gem-qualitystone at its Cullinan deposit in South Africa last month. It has not given anyfurther information on the diamond's quality."We expect this stone to fetch a good price -...Read More
RAPAPORT... Alrosa has recovered an unusual piece of rough featuring one diamond encased inside another,in a style similar to the traditional Russian nesting doll. The outer stone weighs 0.62 carats and contains an innercavity of 6 cubic millimeters in which the internal 0.02-carat diamond can move.After the company identified the 'matryoshka' stone during the sorting process at its Nyurba di...Read More
RAPAPORT... Rio Tinto has unveiled a necklace-and-ring set worth $1.1million, created from 673 diamonds recovered from its Argyle mine in Australia. The jewels, called Argyle Dreaming, were handcrafted byjewelry designer John Calleija using pink, white, yellow, blue and champagnediamonds, as well as gold from Rio Tinto's Kennecott mine in the US, thecompany said last week. Pieces in the set,...Read More