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Latest News & Stories

NRF Predicts Holiday Sales to Increase 3.7%

The National Retail Federation NRF) has announced that it expects sales in November and December (excluding autos, gas and restaurant sales) to increase 3.7 percent to $630.7 billion – significantly higher than the 10-year average of 2.5 percent. Read More..

DDE to Host Dubai Diamond Finance Seminar Series

The Dubai Diamond Exchange (DDE) has announced the launch of its Dubai Diamond Finance Seminar Series, which are designed to educate participants about Dubai’s diamond financing options Read More..

ALROSA to Switch to Pillar Mining at Aikhal Underground Mine

ALROSA has begun implementing pillar mining at the Aikhal underground mine. The company said it will use the more efficient drill and fire system instead of traditional bench mining, which uses tunneling machines. Read More..

IDEX Online Polished Price Change – October 8, 2015

Prices of round diamonds continue to drop. Smaller goods, those sized between 0.18-0.22 carats, as well as those in the 0.9-0.99-carat range saw some slight rises, but overall, the situation is far from positive. Read More..

Lucapa Identifies Kimberlite at Lulo Diamond Field

Lucapa Diamond Company has announced the confirmed discovery of a kimberlite at the Mining Block 8 alluvial diamond field at Lulo in Angola. It believes it could be the primary source of the large diamonds being mined at Block 8. Read More..

Stuller Acquires TDM Solutions

Stuller, Inc. has announced the acquisition of Barcelona, Spain-based TDM Solutions, creators of RhinoGold and other CAD (computer aided design) based software. Read More..