Gemfields Sells $262m Despite Lower Production
March 28, 24Gemfields, the British gemstone miner, reported near-record revenues of $262m for FY2023, despite lowered production of both emeralds and rubies, and the cancellation of an emerald auction. Revenue from... Read More...
KP Chair's Praise for Sierra Leone
March 28, 24Sierra Leone is now an "exemplary member" of the Kimberley Process (KP), after an 11-year civil war fueled by "blood diamonds". KP chair Ahmed Bin Sulayem (UAE) praised both Sierra Leone and Ghana after ... Read More...
15.5-ct Yellow Diamond Sells for $1.14m
March 28, 24A 15.51 carat fancy vivid yellow diamond sold for $1.14m earlier today at the Phillips Hong Kong Jewels Auction, beating its low estimate. The natural color, VS2 clarity, no-fluorescence brilliant-cut ... Read More...
U-Turn: Alrosa Offloads Diamonds to Russian Government
March 28, 24Alrosa, Russia's state-controlled diamond miner, is to make regular sales of its 2024 production to the government in response to the G7 new sanctions, according to the Moscow-based Interfax news agency... Read More...
Okavango Joins Natural Diamond Council
March 27, 24Okavango, Botswana's government-owned rough diamond marketing company, has joined the Natural Diamond Council (NDC). It is the first non-mining diamond company to be admitted as a member of ... Read More...
Memo by John Jeffay
March 28It's more than two decades since the diamond industry underwent an upheaval on this scale. It was back in January 2003 that the Kimberley Process Certification Scheme (KPCS) was launched to prevent conflict diamonds from entering the mainstream rough Read More...
Trade Fair Guide
January 01Stay up-to-date and in-the-know with IDEX Onlineās transparent and unbiased diamond pricing tools Read More...