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Latest News & Stories

Lucara Recovers 342-Carat Diamond at Karowe Mine

Lucara Diamond Corp. has recovered a 341.9-carat gem-quality diamond from its Karowe Mine in Botswana. The stone was recovered while processing fragmental kimberlite from the central and south lobe interface. Read More..

De Beers Diamond Production +2% in Q1; Full Year Production Guidance Down

De Beers’ diamond production increased 2 percent in the first quarter of 2015 to 7.7 million carats compared to Q1 2014. Anglo American said that the production increase was driven primarily by higher grades at the Venetia mine in South Africa. Read More..

Samsung Corporation and World Jewelry Hub Sign Cooperation Agreement

Samsung Electronics and the World Jewelry Hub have signed a Memorandum of Understanding (MOU) in Panama City. According to the MOU, the two sides will create a strategic alliance in order to develop and implement projects that provide mutual commercial benefits and encourage loyalty to both brands. They also agreed to develop projects that will serve the interests of local communities and expand the CSR programs of both companies. Read More..

Alrosa Elects New President

Russian mining company Alrosa has appointed Andrey Zharkov as its new president. Zharkov’s election by the Supervisory Board of Alrosa follows the untimely death of former president and CEO Fyodor Andreev. Read More..

IDEX Online Polished Price Changes – April 23, 2015

There was quite a bit of movement in polished diamond prices this week, both positive and negative. Read More..

Dubai Diamond Exchange to Host Three Seminars on Diamond Finance in 2015

The Dubai Diamond Exchange is planning to hold three seminars on diamond financing this year, underscoring the growing importance of the issue for the global diamond industry. Read More..