The Gem and Jewellery Export Promotion Council announces International Diamond Conference, Mines to Market 2010 on October 12th &13th, 2010 in Mumbai, India. The two day conference would witness Presidents, Ministers from various mining countries such Angola, Botswana, SA, Canada etc, Delegates from Mining Companies, heads of Retail and Luxury brands such as Signet, Blue [...]
Sarin Technologies launched its enhanced DiaExpert™ Nano rough planning and marking system with an extended range to cover a wider scope of small to medium sized rough diamonds. The previous model of the DiaExpert Nano system was designed for speed processing of rough diamonds between 0.01 and 0.30 carats, which Sarin concluded took less than [...]
Rockwell Diamonds has recovered five large gemstones from its Holpan, Klipdam and Saxendrift operations in South Africa. The new recoveries bring the total number of rough diamonds found, of 50-carats or greater, to 11 during this current fiscal year of 2011. At the Holpan operations, Rockwell recovered a 136-carat clean white (H to I), [...]
The news that a company is being set up in Surat to buy rough diamonds on behalf of Indian manufacturers should sound alarm bells for the rest of the trade. The local press reported this week that a company called Surat Diamond Sourcing India has been established to source diamonds directly from mining firms across the [...]
Alrosa plans to produce 102.3 million carats of rough diamonds in the 2010-2012 period, expecting to generate $9.55 billion from rough diamond sales. The plan will be presented for approval to Alrosa’s annual general meeting in late June. The 34 million carats at $3.18 billion average annual production is a proposed increase in production. In [...]
Botswana exported $233.6 million worth of diamonds in April, according to the latest figures released by the Bank of Botswana. In the first four months of 2010, the country exported $710.4 million in diamonds. Botswana mainly exports rough diamonds, however, as part of a beneficiation agreement with De Beers, there are now a number of [...]
De Beers Canada has cancelled its four-week December production shutdown at the Snap Lake Diamond mine. The news comes two weeks after Rio Tinto, majority owner of the Diavik diamond mine, cancelled its own winter shutdown. “We’ve met with all of our employees on site and in Yellowknife and will continue to meet with employees [...]
Word’s smallest diamond Foreign institutes, offering courses in diamond industry, are making a beeline for Surat, the hub of diamond cutting and polishing. The International Gemological Institute (IGI) and the Gemological Institute of America (GIA), both leading institutes of their kind, have started operations in Surat in the recent past. While GIA has started offering [...]
IGE Resources closed its first fiscal quarter with a loss of $2.85 million (SEK 21.7 million or SEK 0.03 per share), compared with the loss of $696,000 (SEK 5.3 million) it posted one year ago. The company doesn’t report in dollars, but it spent $1.5 million to buy diamond operations from Pangea Diamond Fields and [...]
Bhavani Gems recently created a record of manufacturing the world’s smallest certified cut and polished diamond with 57 facets weighing just 0.0003 carat or 0.00006 grams (3,333.33 per carat). The company has named the diamond as Bhavani Mikro. The stone is the smallest diamond certified by IGI (International Gemological Institute.) Shri Manjibhai Dholakia, Founder and [...]