AWDC Takes Part In State Visit To South Korea

The Antwerp World Diamond Centre (AWDC), the umbrella organization of the Antwerp diamond industry, participated from March 24 to 28 in the Belgian State Visit to South Korea.

During the State Visit, and in honor of their 30th anniversary, Golden dew, one of Korea’s largest jewelry brands, launched three special cuts it developed together with Antwerp diamond companies.

ALROSA: Worldwide Jewelry Sales Increased by 4% in 2018    

Global sales of diamond jewelry grew by 4% in 2018 compared with last year and amounted to $85.9 billion. The growth rate of the global jewelry market was lower than in 2017 (+5%), mainly as a result of a slowdown in key consumption markets in the second half of 2018.

ALROSA's Verkhne-Munskoye Deposit Rich With Large Diamonds 

ALROSA announces the preliminary results of an experiment aimed at clarifying the diamond-bearing capacity of the northwestern area of the Zapolyarnaya pipe, which is a part of the Verkhne-Munskoye deposit.

According to data obtained, Verkhne-Munskoye can become one of the richest in large diamonds among ALROSA's deposits, the miner said.

ALROSA Approves Nominees to its Supervisory Board

On March 21, ALROSA's Supervisory Board in the course of absentee voting reviewed the proposals for candidates to the Supervisory Board and the Audit Commission received from the shareholders of the company. The Supervisory Board also considered the proposals of shareholders to include in the agenda of General Meeting of Shareholders the mandatory issues in accordance with the legislation of the Russian Federation and other issues on the current activities of the company.

Gem Diamonds Finds 161-Ct Top Quality Type II White Diamond

Gem Diamonds said a 161-carat top quality Type II white diamond was recovered at its Letseng mine in Lesotho on 21 March.

ALROSA holds rough and polished diamond auctions in Hong Kong

ALROSA's rough and polished diamond auctions held during the Hong Kong International Diamond, Gem & Pearl Show generated sales of $10.5 million.

The company auctioned special size rough diamonds (weighing over 10.8 carats) and sold 101 stones with a total weight of 1,829 carats.

Debswana to invest $1.2Bn to extend Jwaneng mining to 2035

The De Beers-Botswana government joint venture, Debswana Diamond Mining, is set to invest $2 billion in a project to extend the lifespan of its Jwaneng mine to 2035.

ALROSA sells large diamonds at auction in Vladivostok for $9 million  

ALROSA, a global leader in diamond mining, held an auction in Vladivostok for special size rough diamonds (over 10.8 carats), with the overall revenue amounting to $9.1 million.