The open-pit Karowe diamond mine in Botswana, which may be expanded into an underground operation, produced the most expensive rough diamond ever sold, the $63.1 million, 813-carat “Constellation.”
It’s the mine that produced the 1,109-carat chunk of rough as well as the 813-carat “Constellation” diamond. Read More >
A new book has been published that explains why Canadian diamonds are one of the most important discoveries of the last century and showcases how diamond firms are working to tag these ethically mined gems to regulate distribution.
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After 30 years with the company, Varda Shine is leaving her post as the global head of sightholder sales for the De Beers Group of Companies at the end of January to “explore other opportunities,” De Beers announced Thursday.
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Russian mining company Alrosa, which seeks to overtake De Beers as the world’s largest diamond miner by value, launched its initial public offering this week, with reports indicating that U.S. investors snagged 60 percent of the shares sold.
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Amid industry concerns about the dwindling supply of diamonds, a number of announcements surfaced this week regarding new projects that will open up additional sources for mining the stones.
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Indian diamond manufacturing company Shree Ramkrishna Exports Pvt. Ltd. (SRK) is marking its 50th anniversary this year and recently was recognized by India’s Gems and Jewellery Export Promotion Council (GJEPC).
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More than 100 diamond companies from the Israel Diamond Exchange (IDE) will attend Israel Diamond Week (IDW), scheduled for Nov. 11 to 14 in New York.
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De Beers parent company Anglo American announced that the full restoration of operations at one of its mines led to a 21 percent increase in production in volume terms for De Beers.
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