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“I am bullish on the future of the diamond business. Three reasons for this optimism... new discoveries, extending mine life and the increasing demand for diamonds”, says Martin Leake

Martin Leake is a PhD exploration geologist and Six Sigma black belt who has been involved in the rough diamond market since 2004. He worked for BHP Billiton for 22 years and recently left Grib Diamonds where he helped set up a world-class marketing...

18 september 2017

Diamond exploration junior obtained conclusive proof of diamond-bearing kimberlites in Russia’s North

OOO Proex Service, which is searching for diamonds in the Arkhangelsk Region of Russia, discovered seven kimberlite pipes in the Kozolsky license area having spent 15 months for the find. One of the pipes is very similar to the highly diamondiferous...

11 september 2017

People do not just make fun in the social media, they make purchases there

Oksana Senatorova has been famous in the jewellery world for a long time as a publisher of the ‘Navigator in the Jewellery Trade’ journal, organizer of the international contest ‘The Best Jewellery Store of the Year’, curator of professional events and...

04 september 2017

‘There is no illegal tanzanite mining in Tanzania’

Richland Resources, which wholly-owned TanzaniteOne until the Tanzanian government forced it to relinquish half of its stake to the State Mining Corporation (STAMICO), exited the country in 2015 to focus on its operations in Australia. The formalisation...

28 august 2017

David Block: “Intellectual property theft is not just Sarine's problem...whole industry should combat this phenomenon.”

For more than 15 years, David Block served in various senior positions at Sarine Technologies in Israel and India. From 2012 until his appointment as CEO in 2017, Block was Sarine's Deputy CEO and Chief Operating Officer, with responsibility for...

21 august 2017

Petra Diamonds full-year profit slides, resumes Williamson operations

Yesterday

Petra Diamonds said its adjusted earnings before interest, tax, depreciation and amortization (EBITDA) slowed 4 percent to $157.2 million from last year’s $164.3 million.

Lucapa posts $1.1 million H1 loss

Yesterday

Lucapa Diamond Company, which has a 40 percent stake in Sociedade Mineira do Lulo (SML), in Angola said it recorded a $1.1 million loss for the six months ended 30 June 2017 compared with a $3.25 million profit, a year earlier.

MIJEX slated for Oct. 24-28 in Muscat

Yesterday

Oman International Exhibition Centre is proud to announce the 8th Muscat International Jewellery Exhibition 2017 (MIJEX) to take place on October 24-28, 2017 at Oman Convention and Exhibition Centre, Muscat, Oman, says a press note from the organiser.

Botswana’s Okavango appoints new managing director

Yesterday

Botswana’s state-owned rough trader, Okavango Diamond Company, has appointed Marcus ter Haar as its managing director.

India's overall exports from gem and jewellery sector down almost 25% in August

19 september 2017

Overall exports from the gem and jewellery sector during August 2017 was at $ 2.77 bn, a drop of 24.42% over the $ 3.66 bn exported in the same month the previous year.

Tanzania drags officials to court over seized Williamson diamonds

19 september 2017

Two Tanzanian government officials were last Friday charged with economic sabotage after they were accused of undervaluing a parcel of diamonds seized from Petra Diamonds.

SDE and DDC-NY sign MoU to strength bonds

19 september 2017

The Shanghai Diamond Exchange (SDE) and the Diamond Dealers Club of New York (DDC) signed a Memorandum of Understanding (MoU) aimed at strengthening the bonds between the two organizations and creating new trading opportunities for their respective memberships.

RJC holds sustainability workshop at IJL 2017 amid positive sentiment

19 september 2017

RJC held a free workshop titled 'Talking Sustainability: How to turn your CSR actions into effective stories' at the International Jewellery London (IJL) trade fair, which saw brisk visitor traffic and positive sentiment among sellers this year.

Botswana Diamonds to commence LD drilling at SA project next month

19 september 2017

Botswana Diamonds said it drilled 17 reverse circulation percussion holes on Zebediela on the farms Frischgewaagt, Hartbeesfontein and Doornrivier in the Limpopo Province of South Africa.

India's polished diamond exports decline by 6.5% in August

18 september 2017

Exports of cut and polished diamonds from India recorded $ 1.82 bn in August 2017, a decline of 6.5% as compared to the $ 1.94 bn in the same month in 2016, according to a provisional data released by The Gem & Jewellery Export Promotion Council (GJEPC).

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