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Lucara Diamonds reports growth in net profits, revenues in Q1 2013

  • Total sales forecast for 2013 is 400,000 carats. The Company sold its second blue stone, a 4.77 carat diamond in its March sale for $1.6 million or $341,416 per carat.

Dominion Diamond Corp expects 11% increase in production at Diavik mine in 2013

  • A new mine plan and budget for the Ekati Diamond Mine for the next operating period is currently under review, the company said in a press release

Seleka rebels gain control of Central African Republic's diamond industry

  • News agencies reproted that rebel fighters are blocking diamond-producing areas and according to local people diamond business is forbidden to anyone who is not owing allegiance to Seleka.

31 arrested in connection with $50 mn Brussels Airport Diamond robbery

  • The spectacular February. 18 theft involved eight thieves posing as police officers who slid through a pre-cut hole in the Brussels airport fence, and then drove onto the tarmac with two cars.

Perth Mint issues array of new products

  • The Perth Mint has also released the first coin in a new series 'Treasures of the World' The format is similar to a previous series 'Treasures of Australia'' which featured precious stones or other items in a locket contained within a coin.

Gold,Diamond volume to lift Dubai trade

  • In just the first two months of this year, $1.9bn of rough diamonds was traded in Dubai, an 11 per cent increase on the same period last year.

Kristall: Russia's leading diamond manufacturer to celebrate Golden jubilee

  • Kristall employs 2,200 people, and operates sales offices in Antwerp, Dubai, Hong Kong and New York. Kristall is on Russia's official list of strategically important corporations and operates under the direct control of the President of Russia. The company is a sightholder of the Diamond Trading Company (DTC) of the De Beers Group.

India Gems,Jewellery exports drop last fiscal

  • In 2011-12, India exported gems and jewellery worth $46,956.95 million and imported gems and jewellery worth $92,222.03 million.

Uncertainty prevails in Diamond roughs market despite rise in production

  • Diamond rough prices have risen 7% in January-April due to speculative trading in secondary markets causing anxiety for diamond cutters as polished diamond prices continue to remain stable.

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