ALROSA Reports Large Rough Diamond Auction in New York Raises $7.9M

ALROSA has sold special size rough diamonds (over 10.8 carats) at an auction in New York, raising $7.9 million. The auction was held from September 17 to October 5.

Christie’s Staging "A Diamond Affair" For Private Sales to Collectors

Christie’s Private Sales will present A Diamond Affair from October 29-31, showcasing an array of exceptional diamond jewels and unmounted gems.

De Beers Drop to $475M at Sight Sale Due to Rupee Decline Impact

De Beers sold rough diamonds with a provisional value of $475 million in the eighth sales cycle (Global Sightholder Sales and Auction Sales) of 2018.

Rio Tinto Posts Lower Output At Argyle and Diavik Mines In Q3

Rio Tinto reported that production was 19% lower on the year in the third quarter at its Argyle mine in Australia.

IDE Launching Venture at CIIE in Shanghai as Alibaba Partnership Expands

Israeli diamonds will now be offered for sale directly to Chinese consumers on Alibaba’s luxury platform, Ali Auction (paimai.taobao.com).

India Hikes Import Levy On Cut And Polished Diamonds

The government of India has raised the import duty on cut and polished diamonds, semi-processed, half cut or broken diamonds, lab-grown stones and processed colored gemstones to 7.5 percent from 5 percent.

Code of Practices Review Announced by Responsible Jewellery Council

The Responsible Jewellery Council (RJC) is reviewing its Code of Practices (COP) standard.

Diavik's 'Stars Of The Arctic' Give Sparkle to Rough Diamond Tender

Dominion Diamond Mines and Rio Tinto have revealed three of the finest large rough diamonds from their Canadian diamond mine that will be tendered globally.