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India's polished Diamond exports down 9.3% in May

  • Imports of rough diamonds declined 14% to $1.323 billion in May, while rough exports fell 17.4% to $118 million, leaving net imports down 13.7% at $1.205 billion.

Australia's Mustang Resources discovers Diamonds in Mozambique

  • A total of 9.68 carats were recovered including a 1.64 carat stone from Pit 2, the statement noted.

Belgium's polished Diamond exports down 15.5% in May: AWDC

  • Rough imports fell 6.7% to $1.1 billion and rough exports declined 17.8% to $1.06 billion, leaving net imports of $40.4 million compared with a deficit of $109.5 million one year ago.

Gemfields unearths rare rubies from Montepuez mine

  • The stones have a combined weight of 45 carats and will form part of Gemfields' auction in Singapore later this month.

Jewellery sales in Hong Kong declines

  • The value of sales of jewelry, watches and clocks and valuable gifts decreased by 19.5%, whereas sales of fuel dropped 12.8%,

AWDC, DAC join hands to boost Belgium-China Diamond trade

  • The agreement will oversee the bilateral exchange of information and data about market and industry trends, jointly promoting and supporting Belgian and Chinese diamond trade and investments as well as developing marketing initiatives to drive the sale of diamonds and diamond jewellery.

Botswana's Okvango diamond posts 20% fall in Diamond sales

  • Okavango Diamond, a rough diamond distribution company in Botswana on Thursday announces that its diamond sales falls 20%, in which the Company sold 1.02 million carats worth $193 million in the five months to May

Loans for Diamonds scheme launches in Dubai

  • The innovative product will allow diamonds registered with DMCC's Tradeflow platform to be used as collateral for trade finance loans.

Peregrine becomes first junior miner to join Diamond Bourse of Canada

  • Explorer Peregrine Diamonds is the first junior mining company to become a member of the Diamond Bourse of Canada (DBC), joining the ranks of diamond major De Beers Canada, among others
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