AWDC Warning on Lab Growns: "Don't Be Duped"
March 11, 26
Passengers at Antwerp's central train station were yesterday (10 March) offered free scans to determine if their diamond jewelry was natural or lab grown. The event, by AWDC (Antwerp World Diamond Centre) was designed to warn consumers they... Read More...
Burgundy Secures Extra $44m Loan from Government
March 11, 26Burgundy Diamond Mines has secured an additional lifesaving loan from the Canadian government to support continued operations at its Ekati mine. The company was facing imminent bankruptcy and closure of the deposit last December, when it agreed... Read More...
Iran War Halts Shipments Between India and Dubai
March 10, 26The war in Iran has halted diamond shipments between India and Dubai. Iran has launched over 1,000 drones and ballistic missiles at the UAE since 28 February in retaliation for US and Israeli strikes. The UAE supplies over two-thirds of India's rough... Read More...
Diavik Fatal Crash: Pilots were "Likely Preoccupied" with Landing Gear Problem
March 10, 26Pilots of the plane that crashed as it took off for the Diavik diamond mine in January 2024 were "likely preoccupied" with a landing gear problem, says a government report, and did not notice the aircraft's loss of altitude. The captain, the first officer,... Read More...
Tariff Refunds (Eventually) for US Diamond Importers
March 09, 26Diamond importers in the US can expect refunds, eventually, on reciprocal tariffs paid before they were ruled illegal by the Supreme Court last month. It follows a ruling by a judge at the U.S. Court of International Trade on 4 March ordering... Read More...
Memo by John Jeffay
March 06It's the end of an era for Canada's Diavik diamond mine — and the start of a huge project to restore the land to its natural state. Commercial production comes to an end this month after 23 years. Regulators in Northwest Territories (NWT) officially ... Read More...