India's Polished Diamonds Export Down 17%
April 15, 25
India's polished exports fell by almost 17 per cent in the fiscal year ending March 2025, to $13.29bn, according to the Gem and Jewellery Export Promotion Council (GJEPC). That's among the lowest annual export figures for two decades,... Read More...
9% Increase in Estimate of Rough Resources at Lulo
April 15, 25Australian miner Lucapa says an updated assessment indicates a 9 per cent increase in the rough resource at its Lulo alluvial mine, in Angola. Independent consultants now estimate the mine's JORC Classified Inferred Alluvial Diamond Resource... Read More...
Second Emerald Dealer Shot Dead by Sniper
April 15, 25A Colombian emerald dealer has been shot dead at his home in the country's capital Bogota by a sniper. The death of Jesus Hernando Sanchez, aged 62, comes just eight months after his business partner Juan Sebastian Aguilar (also known as Pedro... Read More...
Slight Rise for LVMH's Watch and Jewelry Revenue
April 15, 25LVMH reported a slight rise in revenue from its watches and jewelry division during the first quarter of 2025, up 1 per cent to EUR 2.48bn ($2.82bn). That's in stark contrast to a 27 per cent year-on-year increase in Q4 of 2024. But it performed better ... Read More...
Alrosa Mulling Underground Expansion at Jubilee
April 14, 25Alrosa is expected to decide soon whether it will switch from open-pit to underground mining at the Jubilee pipe, part of its huge Aikhal mine, in Yakutia, north-eastern Russia. "We need to make an investment decision on Jubilee, on the transition to... Read More...
Memo by Ahmed Bin Sulayem
April 10As recently stated in my piece on CNBC Africa, which highlighted its significant accomplishments, both in mission and multi-stakeholder cooperation, the Kimberley Process (KP) remains a unique alliance that has successfully bonded governments... Read More...