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Alrosa said the yellow-tinted stone was recovered from the Jubilee pipe.
With the acquisition of Gemfields complete, Pallinghurst aims to lower debt and increase revenue and its mining projects’ outputs.
The ruling is a victory for lender KBC Group NV, which has argued all along that the case doesn’t belong in the U.S.
The Antwerp World Diamond Centre and Bain & Company said global diamond sales are expected to grow.
The diamond company filed for Chapter 11 bankruptcy protection last week in Delaware.
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Since 1906, National Jeweler has been the must-read news source for smart jewelry professionals--jewelry retailers, designers, buyers, manufacturers, and suppliers. From market analysis to emerging jewelry trends, we cover the important industry topics vital to the everyday success of jewelry professionals worldwide. National Jeweler delivers the most urgent jewelry news necessary for running your day-to-day jewelry business here, and via our daily e-newsletter, website and other specialty publications, such as "The State of the Majors." National Jeweler is published by Jewelers of America, the leading nonprofit jewelry association in the United States.