Headlines

Angola's Q3 Diamond Sales Total $264 million

Diamonds generated $264 million (€231.7 million) in revenue for Angola in the third quarter of 2018, a decrease of $52.5 million compared to the same period last year.

US Richline Group Partnering with Leading Retailers to Sell 'Grown With Love' Lab Grown Diamonds

Richline Group, a wholly owned subsidiary of Berkshire Hathaway, is partnering with JCPenney and Macy’s to introduce Grown With Love, lab grown diamonds this holiday season.

ALROSA Revises 2018 Sales To 37M-38 M Cts on Weaker Demand For Small Rough

ALROSA, the world's leading diamond miner in volume terms, has revised downwards its guidance for 2018 sales to 37 million-38 million carats due to weaker demand for small-size rough diamonds in the second half of this year.

Rio Tinto's Argyle Pink Diamonds Tender Delivers 'Record Results'

Rio Tinto’s 2018 Argyle Pink Diamonds Tender collection of 63 rare pink, red and violet diamonds from its Argyle mine in Australia has delivered a record result reflecting strong global demand for fancy colored diamonds, the miner said.

Stargems Group Sells 2M Cts at Diamond Tenders at Dubai Diamond Exchange

Stargems Group successfully concluded their six tenders of SACIM goods in 2018 with rough diamonds sourced from the Democratic Republic of Congo.

CAR To International Mining Community: Engage With Us In Responsible Sourcing

The Central African Republic's (CAR) Minister of Mines and Geology, Leopold Mboli Fatran, has appealed to international diamond mining and trading companies to engage in responsible sourcing in the country together with the CAR.

Sarine Posts Increase in Revenue and Higher Profitability in Q3

Sarine Technologies reported that group revenue rose 4% to US$11.7 million and net profit improved to US$0.3 million in Q3 2018 despite cyclical weakness in the diamond polishing midstream.

Lisa Bridge to Take Over as Ben Bridge Jeweler as Ed Bridge Retires

Ben Bridge Jeweler, the family-run fine jeweler with 95 retail stores in 11 states and one Canadian province, announced that Chairman and CEO Ed Bridge is retiring as of January 31, with company President and COO Lisa Bridge becoming President and CEO.