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Latest News & Stories

Rio Tinto Increases Output at Diavik

Rio Tinto announced a three per cent increase to 3.84m carats in its full-year diamond output at its Diavik mine, in Northwest Territories, Canada. The Anglo-Australian multinational miner ... Read More..

Richemont Q3 Sales up by Almost a Third to $6.4bn

Richemont reported sales up by almost a third in the last three months of 2021, spurred by strong demand for its jewellery and watches in the Americas and Europe. The Swiss luxury conglomerate... Read More..

Coronavirus: Dubai's New Trade Show still on for February

Dubai's new jewelry trade show is to go ahead next month, say organizers, despite the cancelation of other events because of the Covid pandemic. Jewellery, Gem & Technology Dubai (JGT Dubai) ... Read More..

Namdia "Smiling all the Way to the Bank"

The Namibian diamond miner Namdia says revenues have more than doubled, despite the pandemic. But it failed to provide any details. "It is amazing, but I do not know whether it is innovation... Read More..

Burgundy Buys Yellow Diamonds for In-House Cutting

Burgundy Diamond Mines has bought a parcel of 350 carats of fancy yellow rough stones, which it will cut and polish at its new facility in Perth, Western Australia. The diamonds were mined at... Read More..

Petra Reports 49% Leap in Revenue

Petra Diamonds today reported a 49 per cent leap in revenue for the last six months of 2021. The UK-based miner said demand was high, prices were up around 16 per cent on the previous ... Read More..