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Latest News & Stories

Quarter of Surat's Diamond Workforce on Unpaid Leave

About 250,000 diamond workers in Surat have been put on two weeks' unpaid leave as rough supplies are squeezed by sanctions and banking restrictions against Alrosa. The Russian miner normally ... Read More..

 
India's Future is Lab Grown, says GJEPC Boss

India could hugely increase its lab grown diamond production to support a "stronger and more self-reliant domestic cutting and polishing industry," says the GJEPC. It currently produces around 1.5m carats,... Read More..

Dominica Drops Charges over Choksi's "Illegal Entry"

Fugitive diamantaire Mehul Choksi is no longer facing charges over his "illegal entry" to the Caribbean island of Dominica almost a year ago. He is still wanted by authorities in his native India over the... Read More..

 
Alrosa Sells More Diamonds to Russian Investors

Alrosa's sales of high-value diamonds to wealthy investors in Russia have increased significantly since sanctions and hard currency restrictions were imposed. The miner, part-owned by the ... Read More..

India Seeks Hong Kong Help in $20m Diamond Probe

Investigators in India probing an alleged $20m diamond scam are seeking help from authorities in Hong Kong. The Central Bureau of Investigation (CBI) has sent judicial requests for assistance ... Read More..

 
Mountain Province Finds Kimberlite at Kennady North

Mountain Province Diamond (MPD) says it has found kimberlite in three out of four locations during a winter exploration program at its Kennady North project in Northwest Territories, Canada, on the edge... Read More..