mining

The Argyle Pink Diamonds Tender has historically showcased the pinnacle of the Argyle Diamond mine’s production. With the mine’s closure last year the final collection to be offered has now been announced and includes the largest Fancy Intense Pink diamond ever offered at the Tender.

Russia has the most diamond resources of any country in the world. The world’s largest miner, ALROSA, has a history of ensuring that those buried treasures create a two-way revenue stream to benefits the indigenous people. Yesterday they raised the bar again.

The legendary Jwaneng diamond mine, the world’s richest by volume, will have its lifespan extended by 20 years in a joint venture by DeBeers’ and the government of Botswana. The $6 billion expansion will see more than 224 miles of tunnels created underground.

Gem Diamonds is having a merry month of May at their Letšeng mine in the African country of Lesotho. We were excited to hear of the recovery of a beautiful 254 carat white crystal last week, now joined by a 370 carat monster.

For just a handful of years now, “Ethiopian Emeralds” have been appearing on the world stage. It still seems strange that we had to wait for such a long time.

Feast your eyes on this 100.94 Carat D Color, Internally Flawless masterpiece. The “Spectacle” diamond has been declared the largest ever polished in Russia and will be sold at the Christie’s Magnificent Jewels auction in Geneva on May 12.

April’s birthstone is diamond and her majesty, Diamond, the queen of gemstones, is having a scintillating 2021 so far. Record setting prices, climbing volume and exceptional stone sales all reflect the enduring value of diamonds.

The Responsible Jewellery Council and World Diamond Council have signed mutual codes of conduct, entering a partnership to advance and strengthen key United Nations’ initiatives on responsible practices and sustainability.

The top winners of IGI’s Jewel Jewelry Design Contest, which attracted over 700 submissions, have been featured in Gold and Time, the NEXO Group’s digital platform for professional information on jewelry and watches, based in Madrid, Spain.

How do you define diamond quality? We value diamonds according to the 4Cs but the sticker price doesn’t necessarily reflect quality. What are the fundamental reasons people cherish diamonds? What makes diamonds “great”?

Gold and Time, the NEXO Group’s digital platform for professional information on jewelry and watches, based in Madrid, Spain, recently […]

Lucara, Lucapa, DeBeers, now Alrosa. Improving jewelry demand in the USA and China, coupled with low stock in the midstream, is credited for continued strong sales of rough diamonds through the first month of 2021.

Citing demand ahead of the Chinese New Year, which begins February 12, and Valentine’s Day two days later, DeBeers’ reported […]

IGI North America President Avi Levy is one of 10 new members appointed. Founded Diamonds in 2007, Diamonds Do Good’s mission is supporting programs that develop and empower people in countries with significant economic dependence on the natural diamond trade.

The hits keep on coming for Lucara at their Karowe mine in Botswana. The Vancouver based company has kicked off the new year with a 341 carat top white gem quality diamond, recovered from the mine’s South Lobe over the holiday period.

4,676 carats of rough diamonds from Lucapa’s Mothae kimberlite mine in Lesotho have been sold in Antwerp. Commanding a record price of $1,198 per carat, the parcel contained a number of larger pieces, including the 101 carat D colored crystal unearthed at the end of 2020.

If you watched the documentary “The Diamonds of Botswana” you know how diamonds benefit the citizens of that country. Lucara’s Karowe Mine has just received a license renewal and extension from Botswana’s Ministry of Mineral Resources, Green Technology and Energy Security into January, 2046.

America’s neighbor to the north will resume some sparkle in early 2021. Canada’s Ekati diamond mine, closed since March due to the pandemic, has been acquired and is set to restart operations by January 29, 2021.

The valuable asteroid composed entirely of iron and nickel drew to within 1.6 astronomical units (AU) of Earth over the weekend. If you’re in the USA grab your telescope, escape light-pollution, find an elevated position and look to the north. 16 Psyche will be in the constellation of Taurus tonight.

The enormous 46.7 carat pink rough diamond recovered at the Lulo Diamond Project in Angola earlier this year has been cut and polished into three diamonds, the largest of which is a Fancy Intense Orangy Pink heart-shape.

Lucara’s Karowe Diamond Mine in Botswana just produced one of the five largest diamonds ever found, continuing a series of noteworthy diamond recoveries on those premises.

Yesterday, while Americans woke to cast their votes for president of the USA, a quiet retirement took place in the land down under. Australia’s famous Argyle Mine, which has produced 90% of the world’s pink diamonds since 1983, officially closed her doors on November 3.

In just 20 days this 14.83 carat Fancy Vivid Purple-Pink diamond will find a new home, when it’s offered via live auction by Sotheby’s Geneva. The auction house estimates this incredibly rare find could command up to $38 million.

Anglo American is reporting that DeBeers’ rough diamond sales during the eighth cycle of 2020 brought in $467 million USD. Not only is this is a significant surge over 2020’s seventh cycle, which brought in $334 million, it’s a noteworthy increase of 57% over the $297 million realized during the same cycle in 2019.