(IDEX Online) - Scientists at Princeton University called on GIA's (Gemological Institute of America) expertise in gemological research and the analysis of optical centers to evaluate how to use the unique properties of diamonds to create a highly secure communications network. The research, published in the July 6, 2018 issue of Science magazine, examined how color centers created by r...Read More
(IDEX Online) - De Beers' synthetic diamond screening device, SYNTHdetect, has been nominated for Industry Innovation of the Year in the JNA Awards SYNTHdetect, launched last year, is the first synthetic diamond screening device to simultaneously test multiple stones in set jewellery and has the industry's lowest referral rate at around 0.05 per cent. The device thereby significantly i...Read More
RAPAPORT... Trans Atlantic Gem Sales (TAGS) garnered $35 million from atender of rough diamonds in Dubai in June, it said Monday.The company sold 27,161 carats of high-qualitystones sourced from mines in South Africa and Angola. The diamonds fetched anaverage price of $1,288 per carat during the event at the Almas Tower. Some 126 companies attended the sale, the seventh thecompany has held this ye...Read More
JOHANNESBURG (miningweekly.com) – Significant demand growth is under way in the platinum jewellery market, which remains the second biggest ounce contributor to platinum demand at 2.5-million ounces of yearly fabrication, some 35% of total demand.“We’re seeing a lot of growth in the market. Obviously, the platinum price is really helping us in many of our markets where we’r...Read More
(IDEX Online) - Stornoway Diamond Corporation has provided the following production and sales results at the Renard Diamond Mine for the second quarter ended June 30. (All quoted figures in CAD$ unless otherwise noted)?EUR? 201,283 carats sold in two tender sales for gross proceeds of $28.6 million at an average price of US$109 per carat ($142 per carat). ?EUR? Second quarte...Read More
Right when the soccer fever is at its peak with the last matches of the World Cup 2018 quickly approaching, Russian giant Alrosa (MCX:ALRS) unearthed a diamond shaped as a soccer ball.The 0.50-carat stone was found at the company's Karpinskaya-1 pipe, located in the northern Arkhangelsk Region and operated by the miner's subsidiary Severalmaz."Nature creates different whimsical shapes, but it's th...Read More
South Africa's mines minister Gwede Mantashe said on Sunday he will extend by a month a period for public comment on a mining industry charter which lays out requirements for black ownership levels and other targets.Uncertainty around the charter has deterred investment into a sector that accounts for 8 percent of gross domestic product in the world's top platinum producer.Mantashe said he will ex...Read More
RAPAPORT... Stornoway Diamond Corporation saw production and sales dropin the second quarter amid a slowdown while the company transitions from open-pitto underground mining. The miner produced 223,351 carats from its Renard mine inthe three months ending June 30, a 46% decline compared with the same periodlast year. The company sold 201,283 carats at two tenders, versus 350,159carats across the...Read More
RAPAPORT... Global rough-diamond production increased in 2017, mainlydue to new mines in Canada, according to data the Kimberley Process (KP)released last week. Total output rose 29% to $15.87 billion last year, the KPsaid. By volume, production grew 19% to 150.9 million carats, with the averageprice up 8% to $105 per carat. Russia remained the largest producer of rough in 2017, itsoutput jumping...Read More
RAPAPORT... Alrosa has unearthed a rough diamond bearing an uncannyresemblance to a soccer ball, and with flawless timing: bang in the middle ofthe World Cup taking place in Russia. The miner discovered the 0.50-carat stone at itsKarpinskaya-1 pipe in the Arkhangelsky region last Wednesday, three days beforethe Russian national soccer team's quarterfinal against Croatia. Alrosa CEOSergey Ivanov sa...Read More
RAPAPORT... Stornoway Diamond Corporation saw production and sales dropin the second quarter amid a slowdown while the company transitions from open-pitto underground mining. The miner produced 223,351 carats from its Renard mine inthe three months ending June 30, a 46% decline compared with the same periodlast year. The company sold 201,283 carats at two tenders, versus 350,159carats across the...Read More
RAPAPORT... Global rough-diamond production increased in 2017, mainlydue to new mines in Canada, according to data the Kimberley Process (KP)released last week. Total output rose 29% to $15.87 billion last year, the KPsaid. By volume, production grew 19% to 150.9 million carats, with the averageprice up 8% to $105 per carat. Russia remained the largest producer of rough in 2017, itsoutput jumping...Read More
RAPAPORT... Alrosa has unearthed a rough diamond bearing an uncannyresemblance to a soccer ball, and with flawless timing: bang in the middle ofthe World Cup taking place in Russia. The miner discovered the 0.50-carat stone at itsKarpinskaya-1 pipe in the Arkhangelsky region last Wednesday, three days beforethe Russian national soccer team's quarterfinal against Croatia. Alrosa CEOSergey Ivanov sa...Read More
Alrosa, the State-owned diamond miner of 2018 FIFA World Cup-host Russia, has unearthed a diamond that bears a resemblance to a soccer ball.The diamond was recovered on July 4, three days before the World Cup quarter finals, in which the Russian national football team lost to Croatia.AdvertisementThe diamond was discovered at Karpinskaya-1 pipe in Arkhangelskiy region, Alrosa said on Twitter at th...Read More
(IDEX Online) - A new edition of the critically acclaimed Pearls: Treasures from the Seas and the Rivers exhibition will open in Moscow on July 11 as part of the Qatar Russia 2018 Year of Culture. The exhibition was curated specifically for this year's Year of Culture program and will display over 100 pieces of jewelry and other examples of pearl craftsmanship made from freshwater pearls born in...Read More
The International Institute of Diamond Grading & Research (IIDGR), part of De Beers Group, is pleased to announce that its ground-breaking synthetic diamond screening device, SYNTHdetect, has been shortlisted as a finalist for Industry Innovation of the Year in this year's JNA Awards.SYNTHdetect, launched last year, is the first synthetic diamond screening device to simultaneously test multiple st...Read More
Aim-listed BlueRock Diamonds’ Kareevlei diamond mine, in Kimberley, in the Northern Cape, achieved “good” production during the second quarter, contributing to an 81% year-on-year increase in tonnes processed to 73 028 t for the first half of this year.Revenue per tonne processed amounted to $7.76.AdvertisementThe miner noted that 34 247 t of ore was processed in the second quart...Read More
The International Institute of Diamond Grading & Research's (IIDGR's) SYNTHdetect synthetic diamond screening device has been shortlisted as a finalist for Industry Innovation of the Year in this year’s JNA Awards.SYNTHdetect, launched last year, is the first synthetic diamond screening device to simultaneously test multiple stones in set jewellery and has the industry’s lo...Read More
The Angolan Council of Ministers (Cabinet) last week approved a new policy on the commercialisation of diamonds. This is intended to stimulate more investments in the production of the precious stones, as well as to open the market to all those interested in it, explained Mineral Resources and Petroleum Minister Diamantino Azevedo. Speaking on the sidelines of the Ministry’s first Consultati...Read More
The Renard diamond mine, in Quebec, has fully transitioned to underground mining, its new ore sorting plant is operational and the mine is now set for higher processing rates, grades and carat recoveries in the second half of the year.The transition from openpit operations and the completion of the ore sorting plant, which was installed to improve breakage issues, also mark the end of the principa...Read More