Headlines

GIA: Single Natural Diamond Found in Large Batch of HPHT Synthetic Melee

The GIA reported an unusual discovery: one natural stone in a package containing more than 1,000 undisclosed pieces of lab-grown melee submitted to its New York City lab.

Rio Tinto Announces New Diamond Pipe At Diavik Mine

Huge mining conglomerate Rio Tinto has opened a fourth diamond pipe, known as A21, at the remote subarctic Diavik Diamond Mine in the Northwest Territories of Canada.

The new open pit pipe will provide an important source of incremental supply over the next four years to sustain production levels at the Rio Tinto operated mine, the company said.

Sarine and Lucara Diamond Corp to Collaborate on Clara Rough Initiative

Sarine Technologies Ltd has signed an agreement with Clara Diamond Solutions Corporation, a unit of Lucara Diamond Corp. which aims to change the way certain rough diamonds are sold.

Former Ivanka Trump Business Partner Being Sued by US Justice Dept

The American Justice Department is suing Moshe Lax, a friend and former business partner of Ivanka Trump, for allegedly taking part in schemes to defraud the US government out of millions of dollars in tax liabilities on his father’s estate.

Registration Opens for 7th Israel Diamond Week in New York

Buyer registration has opened for the seventh Israel Diamond Week in New York, to be held October 15-17.

The annual event, jointly organized by the Israel Diamond Exchange (IDE) and the Diamond Dealers Club of New York (DDC), is inviting bourse members, jewelers and other buyers from the New York metropolitan area and around the United States to take part in the diamond trading platform.

BDB: Visitors To Bharat Diamond Week Will Benefit From Pre-Diwali Prices

The Bharat Diamond Bourse (BDB) in Mumbai said visitors to the second edition of the Bharat Diamond Week at the bourse, to take place from October 8-10, will benefit from competitive pre-Diwali prices.

ALROSA Reports July Rough Diamond Sales of $339M, Jan-July $2.97B

ALROSA posted rough diamond sales of $333.8 million in July, and $2.97 billion in the first seven months of 2018.

The firm's rough and polished diamond sales increased by 16% on the year to $339.1 million in July, with polished diamond sales accounting for $5.3 million.

GJEPC Launches 'Valuable Asset to India’ Campaign

The Gem & Jewellery Export Promotion Council (GJEPC) launched a new promotional campaign aimed at highlighting the contribution that the gem and jewelry industry makes to India's economy was during IIJS Premiere 2018. The campaign’s central message is portraying the industry as “A Valuable Asset to India”.