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The diamond miner and marketer’s sightholder and auction sales totaled $530 million.
The move makes the colored stone miner and Gemfields the only large-scale miners operating in the Montepuez region of Mozambique.
Market leaders will discuss best practices, governance, blockchain and more.
The 51.38-carat stone was one of five diamonds cut from a 179-carat piece of rough mined in Russia.
Gem and jewelry companies there are having a difficult time securing loans in the wake of the Nirav Modi scandal.
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Fine Jewelry Industry News

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.