DIAMONDS

London-listed Gem Diamonds has recovered a high-quality 442 ct Type II diamond from its Letšeng mine, in Lesotho.

CEO Clifford Elphick says the recovery of the 442 ct diamond “is further confirmation of the calibre of the Letšeng mine and its ability …

Diamond miner Alrosa has received regulatory approval to open up and develop reserves at the upper horizons of the International underground mine, near Mirny, the Russian company said on Wednesday.

The ore from the upper horizons would be received as …

Sierra Leoneans seeking damages for alleged environmental degradation around a diamond mine have applied for a freezing order on the assets of Octea, a subsidiary of Israeli billionaire Beny Steinmetz’s BSG Resources (BSGR). In an affidavit to the high…

Tiffany & Co wants to ease customers’ concerns about human rights abuses in the diamond industry by providing them with an unprecedented amount of detail about the precious stones it sells. Beginning in October, the 183-year-old luxury retailer wil…

  The World Federation of Diamond Bourses (WFDB) and the International Diamond Manufacturers Association (IDMA) have announced that the next World Diamond Congress will be held in a virtual format on September 14 and 15.

Russian State-controlled diamond producer Alrosa said on Friday that its second-quarter net profit fell by 98% year on year to 300-million roubles ($4-million) as the novel coronavirus outbreak hit demand for precious stones.

The global diamond supply…

As the coronavirus pandemic upended the global diamond industry, shuttering mines from Lesotho to Canada and disrupting supply chains, Rajen Patel swapped diamond polishing for peanut farming.

Patel, who worked for a decade in India’s Surat where abou…

Russian diamond producer Alrosa said on Monday that its rough and polished diamond sales totalled $35.8-million in July, down 79% from a year earlier after the coronavirus pandemic hit demand and the supply chain.

It marked a fourth consecutive month …