Thursday, November 19th 02:19 PM

The diamond, which originated in the south lobe of the mine, is the second-largest gem-quality diamond ever recovered and the largest ever to be recovered through…..Continue

India's polished Diamond exports down 17% in Oct: GJEPC

  • By volume, exports dropped 16% to 3.7 million carats, while the average price of the exports plunged 29% to $499.44 per carat.

Belgium's polished Diamond exports fall 27% to $929.3 mn in Oct

  • By volume, polished exports dropped 14% to 484,158 carats, while the average price of the exports decreased 15% to $1,919 per carat.

Shore Gold's Star-Orion Diamond project resource estimate revised upwards

  • Indicated Mineral Resource on Star has increased 38 percent to 28.2 million carats and the grade has increased 11 percent to 15 cpht, while the Indicated Mineral Resource on Orion South has increased 134 percent to 27.1 million carats and the grade has increased 1 percent to 14 cpht.

Botswana's Aug trade balance slips to $159 mn deficit as diamond exports plunge

  • August 2015 total exports were valued at 3.03 billion pula, with 78.1% (2.36 billion pula) attributed to exports of diamonds.

WFDB plans membership expansion across Diamond pipeline

  • A decision to this effect was taken by the WFDB's executive committee at its latest meeting in Germany. The organization's leadership agreed to create sub-committees, which would set up the events open to newly-enrolled associate members and national members.

Israel's polished Diamond exports fall 21% in Jan-Sep: Govt

  • Polished exports to the U.S. dropped 20% to $1.5 billion. Hong Kong was down 26% to $1.1 billion, Belgium fell 16% to $351.6 million, Switzerland lost 4% to $295.9 million and exports to France fell 44% to $77.2 million.

GJF urges govt to implement GST for jewellery at uniform rate of 1%

  • The All India Gems and Jewellery Trade Federation (GJF) urged the Union Government to implement uniform 1% Goods & Services Tax (GST) across the entire gems and jewellery sector since such an initiative will bring all jewellery manufacturers under one umbrella. Such action will also help the gems & jewellery sector to promote 'Make in India' concept at grass root level and help in getting the sector more organised.

De Beers 3Q Diamond production drops 27%

  • Production for the first nine months of the year is down 11% to 21.64 million carats.

Alrosa Diamond production up 20% to 11.6 mn carats in Q3

  • Revenue from rough diamond sales will be more than $550 million in the third quarter and at least $2.7 billion in the January to September period, the company said.
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