Category Archives: Diamonds

Petra Diamonds 29.6-carat blue diamond sells for whopping US$ 25.6 million

The exceptional 29.6-carat blue diamond described as an outstanding vivid blue with extraordinary saturation, tone and clarity, and whose recovery at the Cullinan Mine was announced by Petra Diamonds on January 21, 2014, has now been sold for a whopping US$ 25.6 million, at a recent tender of the company, according to a press release […]

Two New 160+ Ct Exceptional White Diamonds Recovered from Letseng Mine

London-listed Gem Diamonds Ltd. the leading producer of high-value large top-color diamonds in the world today, from its open-pit Letseng la Terai Mine, situated at Lesotho, announced on February 13, 2014, the recovery of two more large and exceptional diamonds at the mine towards the end of January 2014, each weighing around 162 carats. The […]

De Beers Makes Three New Appointments to its Executive Committee

The De Beers Group of Companies announced on February 5, 2014 that it has made three new appointments to its Executive Committee with immediate effect. Accordingly, Executive Vice President of Global Sightholder Sales, Paul Rowley; Executive Vice President of Auction Sales, Neil Ventura; and CEO of Debswana Balisi Bonyongo, will join the Executive Committee, bringing […]

Philippe Mellier Addresses Annual Cocktail Party and Dinner at Gabarone, Botswana

The De Beers annual cocktail party and dinner was held on Tuesday, January 21st, 2014 at the Gabarone International Conference Center, attended by top officials of the Government of Botswana, headed by the Honorabe Vice-President, who was also the Chief Guest/Guest-of-Honor at the occasion, and included several other Honourable Ministers, Permanent Secretaries to the President […]

Signing of IBA between De Beers and Tlicho Government for Gahcho Kué Mine

De Beers Canada Inc. and Mountain Province Diamonds, joint venture partners of the Gahcho Kué Project announced on January 27, 2014, that De Beers the operator of the Gahcho Kué Project had signed an Impact Benefit Agreement (IBA) with the Tlicho Government, representing the Dene Aboriginal Canadian People, living in the project area in the […]

First DiamondCheck Machine Installed at the DDC, New York

The first DiamondCheck machine, the user-friendly 100% accurate synthetic diamond detector, developed by researches at the Gemological Institute of America led by Dr. Wuyi Wang, GIA’s director of research and development, was donated to the Diamond Dealers Club (DDC) of New York, and installed on their trading floor on Thursday, January 30, 2014, to be […]

Lab-grown Diamonds may Tarnish Surat’s Image

A phenomenal increase in the import of Lab-grown diamonds by Surat, from just below $3 million in 2008 to $83 million in 2013, has become a cause of concern to the regulatory authorities of the gem and jewelry industry in India, including the Gems and Jewelry Export Promotion Council (GJEPC), in the wake of reports […]

Lucapa Diamond Company Recovers 95.45-carat, Type IIa Diamond at Lulo

Lucapa Diamond Company Ltd based in Perth, Western Australia, and listed on the Australian Securities Exchange (ASX: LOM), suspended the trading of its stock for the second time in a month, after the breaking of the news that the company had recovered an exceptionally large diamond, at its Lulo Diamond Concession in Angola. The Type […]

De Beers to go ahead with expansion of its Victor diamond mine in Canada after consultations with local communities.

The open-pit Victor diamond mine, situated in the James Bay Lowlands of northern Ontario, approximately 90 km west of the coastal community of Attawapiskat First Nation, is one of 18 kimberlite pipes discovered in the 1987/88 period, high in the Canadian Arctic, 16 of which were found to be diamondiferous. After the signing of an […]

Lesotho Pink Storm Diamond to be Sold by Tender in Antwerp

International diamond tendering company Fusion Alternatives and the international diamond brokerage firm I. Hening & Co. who jointly handle the rough diamond tenders of Namakawa Diamonds and its subsidiary Storm Mountain Diamonds production from their KAO mine in Lesotho, has announced the dates of the next KAO Rough/Special Diamond Tenders, due to take place from […]

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