(IDEX Online) - The Hong Kong Trade Development Council (HKTDC) will stage the 5th Hong Kong International Diamond, Gem & Pearl Show from 27 February to 3 March at the AsiaWorld-Expo, and the 35th Hong Kong International Jewellery Show from 1 to 5 March at the Hong Kong Convention and Exhibition Centre (HKCEC). The twin shows anticipate a total of more than 4,480 exhibitors from over 5...Read More
Four employees at the state-owned Zimbabwe Consolidated Diamond Company were found guilty of conniving to steal diamonds worth half a million dollars while replacing them with fake gems.According to local media, the main perpetrator of the crime, 34-year-old Anesu Dhliwayo, will remain in custody until January 12, following Harare magistrate Rumbidzai Mugwagwa's verdict that identified him as a fl...Read More
RAPAPORT... In a year of soaring stock prices, US retail shares largely underperformed in 2017 as consumers (and investors) abandoned traditional shopping channels in favor of e-commerce platforms. As a result, familiar names such as J.C. Penney, Macy's and Signet Jewelers slipped this year. So too did diamond-focused miners, amid fears of anexcess of rough-diamond supply and questions over t...Read More
(IDEX Online) - ALROSA has published a list of long-term clients for the new 2018-2020 contract period. From January 15 to January 19, the company's long-term clients will participate in the first trading session under the new long term contract, the miner said. The complete list of clients can be seen on ALROSA sales website at http://sales.alrosa.ru/rough-diamonds/long-term-contac...Read More
(IDEX Online News) - As in November, there were relatively few price changes in round diamonds in December but most of the changes were upwards, particularly for stones of around 0.70 carats to 2.00 carats. There were rises in a range of 0.40-0.44 carat and 1.00-1.24 carat diamonds. There were declines of 4 percent, in 0.18-0.22 carat stones in the SI1-SI2 category, as well as in 0.23-0.29 carat d...Read More
(IDEX Online) - ALROSA's Udachny Mining and Processing Division completed the removal last month of 75 tons of diamondiferous ore from Verkhnyaya Muna for the trial processing at Processing Plant No. 12 and recovered the first diamonds from the Verkhne-Munskoe deposit, the miner reported. The development of processing technology is required to prepare for the commercial launch of the...Read More
RAPAPORT... Alrosa has released a new, expanded roster of long-termclients receiving rough diamonds in its Alrosa Alliance program.The miner requires the 56 companies it listed to meetcertain standards, it said Friday. Clients must comply with Alrosa'sresponsible business practices, show a certain level of rough-diamond demandeven when the market is slow, and demonstrate financial performance that...Read More
RAPAPORT... When it comes to responsible sourcing, says MonicaStephenson, "diamonds are a tricky subject." Stephenson is the founder of AnzaGems, which purchases colored gems directly from East African artisanal minersand gives a portion of its sales back to the mining communities.Of course, there are plenty of ways to ensure responsiblesourcing of natural diamonds. Aside from the Kimberley Proces...Read More
RAPAPORT... Alrosa has expanded its roster of long-termclients receiving rough diamonds in its Alrosa Alliance program.The company will publish the new client list for the 2018 to 2020 contract period later this month, it said. Clients must comply with Alrosa'sresponsible business practices, show a certain level of rough-diamond demandeven when the market is slow, and demonstrate financial perform...Read More
JOHANNESBURG (miningweekly.com) – Lesotho-focused Firestone Diamonds has agreed to extend the option period granted to Amulet Diamond Corporation to purchase the Aim-listed company BK11 asset until December, 31, 2018.BK11 is a diamond asset in Botswana, currently on care and maintenance.AdvertisementAmulet was funding the construction and operation of a bulk sampling plant at the BK11 mine d...Read More