Classic Pearl Jewelry : Tradition Pearl Necklace

Joint Stock Company "ALROSA" (PJSC), the...

2017-07-14T14:57:06.962-07:00

Joint Stock Company "ALROSA" (PJSC), the largest in the world in terms of diamond production, announces the appointment of Matveya Evseeva vice president of the company.
Matvey Evseev in the new office will oversee the implementation of a number of special projects group "Alrosa" in the mining sites.
"Professional experience and knowledge Matveya Evseeva will give a new impetus to the development of those projects which, although they are not specialized in terms of diamond production, important for the future growth of the Company", - says the president of "ALROSA" (PAO) Andrei Zharkov.
Before his appointment as Vice-President of "ALROSA" Matvey Evseev held the position of General Director of "Diamonds of Anabar", a subsidiary of "ALROSA". The new CEO will be appointed after a review of the nominations by the Supervisory Board "ALROSA".
JSC "Diamonds of Anabar" is mining diamonds from the alluvial deposits in the Anabar, Oleneksky, Bulun and Zhigansky ulus of the Sakha Republic (Yakutia). The share in the total production of the Group ALROSA diamond is fixed at 9% in 2015.

Anglo American Corporation announced that Bryus Kl...

2017-07-14T14:56:52.312-07:00

Anglo American Corporation announced that Bryus Kliver (Bruce Cleaver) was replaced by Filippa Mele (Philippe Mellier) as the new Executive Director of De Beers.
Méliès began working at De Beers, being a man is not from the diamond industry, in 2011, while Cleaver has worked in the company as one of the chief executive officers during the year prior to the appointment Mellier.
He also served as Executive Director of De Beers, responsible for strategy and commercial relations until 2015.
Then, in 2015, Cleaver was appointed Group Director Strategy & Business Development for Anglo American, a position he held until his recent appointment.
It is not known where Méliès goes.
Last month, the French La Tribune reported that Méliès was among the candidates who were considered for the top job in the company Air France-KLM - a move that pointed to his imminent departure from the company De Beers.
However, earlier this month, KLM has appointed its Chief Executive Officer and Chairman Jean-Marc Zhanayaka (Jean-Marc Janaillac).
"I am honored to receive an offer to lead one of the world's great companies. Diamonds are similar to today's consumers worldwide, as they were close to their parents and the older generation, "- Cleaver said.
"Diamonds have made a positive contribution to the development of a number of countries that have used their revenues wisely, as well as in the life of human communities and all who have been touched by their mystery and practical benefits resulting from responsible mining and working with ethically correct sources of supply," - he stressed.
Mellier, saying that he had to lead the company into one of the most difficult periods for the diamond industry, and noting that the market is showing signs of recovery, said that, as he believes, has come the right time for him to "pass the baton to the next generation."
CEO of Anglo American Mark Kyutifani (Mark Cutifani) said that Méliès transformed strategic and operational thinking of the company, focusing on its customers in order to achieve this state of affairs, when the desire of the consumer to have diamond jewelry will be in the heart of the decision solutions across the diamond pipeline.

Foundation of the World Diamond brand (World Diamo...

2017-07-14T14:56:36.939-07:00

Foundation of the World Diamond brand (World Diamond Mark, WDM) seeks to enlist the support of representatives of the world's diamond industry. At the recent 37th World Diamond Congress (World Diamond Congress, WDC), which concluded in Dubai last week, the Foundation presented several presentations, which were attended by delegates and representatives of various sectors of the diamond industry.
On WDC it became clear that there is a general consensus in the global diamond industry and trade, which should become an integral part of the joint efforts of industry, investments for the general promotion and advertising of diamonds.
During the opening session of the event, chairman of the WDM Alex Popov (Alex Popov) highlighted the achievements of the organization over the past year and showed examples of very successful social media campaigns in the Asian and North American markets. He noted that such a strategy would become the basis WDM promotional efforts with a focus on the benefits and the participation of retail diamond trading companies.
Popov called on members of the diamond industry to support their own internal marketing initiatives and assured that the WDM would be happy to cooperate and coordinate their activities with the Association of Diamond (Diamond Producers Association, DPA) and Jean-Marc Lieberherr (Jean-Marc Lieberherr), its general director .
May 15, according to WDM Program Director Christine Schuler Kalman (Krisztina Kalman Schueler) submit a business plan for the years 2017-2019 Board of Directors, and then the WFDB (World Federation of Diamond Bourses, WFDB ), and the International Diamond Manufacturers Association (International Diamond Manufacturers Association, IDMA) .
IDMA at the meeting of its newly elected Vice-President Philippe Rulan (Philippe Roolant) expressed great interest in joining the WDM board of directors, in which vacant due to the departure Maksima Shkadova (Maxim Shkadov) from the post of head of the IDMA. "WDM - the only initiative of its kind, and I am glad that I was able to take part in it."
Future plans and WDM program created great interest among the delegates on various forums. There was consensus that the US consumer market should be the center of coordination of efforts of the industry. Popov agreed with this view and said that the DPA has announced plans for an advertising campaign to show JCK in Las Vegas, however, WDM will decide within its own path of development.
"We intend to create initiatives that will complement each other, rather than work in parallel. We believe that WDM should play a catalytic role, and together we can do more and bring the diamonds needs and jewelry with them to new heights" Popov concluded.

Petra Diamonds reported that from next month will ...

2017-07-14T14:56:18.699-07:00

Petra Diamonds reported that from next month will hold an auction of a diamond "Cullinan Dream" (Cullinan Dream), who is considered the world's largest fancy bright blue diamond to be auctioned.
Estimated value of the diamond weighing 24.18 carats, which will become the main lot auction gorgeous jewelry (Magnificent Jewels) Christie's in New York is $ 23-29 million, according to a statement sent to Rough & Polished.
Petra will receive a 15 per cent share of the profits from the sale of diamonds.
Petra found a 122.52-carat blue diamond at a South African mine Cullinan (Cullinan) two years ago. This stone was divided into four large diamonds, the largest of which is "Dream Cullinan".
According to the international classification of the diamond refers to a type IIb.
Type IIb diamonds are extremely rare and only 0.5% of natural diamonds.

Panama Diamond Exchange (Panama Diamond Exchange, ...

2017-07-14T14:56:00.069-07:00

Panama Diamond Exchange (Panama Diamond Exchange, PDE), the first branch exchange in Latin America, now called "World Jewelry and Diamond Center in Panama" (World Jewelry & Diamond Hub, Panama). This decision was endorsed by the General Assembly of the World Federation of Diamond Bourses (World Federation of Diamond Bourses, WDDB ) during the 37th World Diamond Congress, May 16-19 in Dubai.
The decision to change the name was announced by President PDE Khel Mahesh (Mahesh Khemlani). "A large number of our members work with the jewelry, as well as actively trades with emeralds and other colored gemstones. We felt it necessary to make our name reflects the composition of our members, and the word jewelry, which represents the industry, of which we all are, added, "- he explained.
"Since our status as the starting and the shopping center in the region grows, we have sought to show that the World Jewelry Center (World Jewelry Hub, WJH) and Exchange inextricably linked - said Khemlani. - So we decided that the exchange should be called World jewelry and diamond center in Panama. "
From June 20 to 23 June, buyers and suppliers of jewelry, diamonds and colored gemstones from more than 20 countries in Latin America and other nations of the world will gather at the site of the World Trade jewelry and diamond center in Panama for the second Latin American jewelery week, said market.

Zimbabwe Consolidated Diamond Company (ZCDC) produ...

2017-07-14T14:55:43.701-07:00

Zimbabwe Consolidated Diamond Company (ZCDC) produced 387,551 carats in the first two months of its work.
There are sparse data with respect to the diamond mining company, however local newspaper NewsDay reported that ZCDC start diamond mining in March this year after the Zimbabwe government decided not to renew the licenses of six mining companies operating in Marange diamond area (Marange).
According to data released by the Secretary of the Ministry of Mines Gudianga Francis (Francis Gudyanga) at an event in Victoria Falls in March volumes ZCDC diamond sales totaled 156,168 carats, and in April of this year - 206 010 carats. The average value of diamonds was $ 55 per carat. Thus, the volume of the company's revenues amounted to $ 19.9 million.
Of this amount, $ 3.7 million were in the company's costs, according to Newsday.
"Until now ZCDC managed to achieve good results in terms of volume and value of diamonds in the first two months of its activity", - dismisses the Secretary of the Ministry.
"The main driver of the company's modernization was the technical processing plant breed with fluoroscopic device of the 5th generation Modernization of processing facilities is extremely important to ensure the profitability of the company." - he adds.
However, a spokesman for the ministry said that the investment in the Marange diamond companies made to their production capacity to consolidate, proved to be insufficient for diamond production from any source other than the alluvial deposits. On kimberlites it produces virtually no exploration, namely it provides a more stable opportunity for diamond mining.

International Diamond Manufacturers Association (I...

2017-07-14T14:55:18.767-07:00

International Diamond Manufacturers Association (International Diamond Manufacturers Association, IDMA) , the representative body of the world's diamond manufacturers, completed its meeting on May 19 at the 37th World Diamond Congress in Dubai election of a new President and the Executive Board.
Ronnie Vanderlinden (Ronnie Vanderlinden) became the new president of the organization, while Filipp Rulan (Philippe Roolant) assumed the position of vice-president. Kim Lenni (Kim Lanny) became the new general secretary, and Stefan Fishler (Stephane Fischler) - Treasurer. Vanderlinden, IDMA president said that the organization of the meeting were not easy, energetic and sometimes very assertive.
In his concluding speech departed from his post former president IDMA Maksima Shkadova (Maxim Shkadov), which read Vanderlinden, he reiterated his concerns about the health of the diamond industry. "Cutting and polishing sector remains weak Why? Because we lack of profit, we are working to exhaustion, and after hard work, we can not support our efforts, however, cutting and polishing business continues to live, albeit in extremely difficult conditions.?.", - says Shkadov.
Vanderlinden also noted that he and his colleagues were very pleased with the participation of young representatives of the diamond industry. "We were pleased to see the new delegation of leaders and members of our industry, they have been active and active part in our discussions.", - he added.
The newly elected vice-president of IDMA Filipp Rulan said that he made a commitment to engage with the leading manufacturers of diamonds and help coordinate the strengthening of cooperation within the IDMA.
Subject of synthetic diamonds was also presented on the agenda. While membership in IDMA allows you to recognize the legitimacy of synthetic diamond business, the organization strongly condemned the current methods of marketing vendors such stones, which appear to be focused on creating a negative image of natural diamonds.
After the meeting, thanked the IDMA Vanderlinden Maksima Shkadova for his work as president in 2012, referring to the outgoing Vice-Presidents David de Toledo (David De Toledo), Edward Denkensa (Eduard Denckens) and Suresh Shah (Suresh Shah).

Venus Jewel has joined forces with the initiative ...

2017-07-14T14:55:01.171-07:00

Venus Jewel has joined forces with the initiative "Jewelers - children" (Jewelers for Children, JFC) , to bring it to the attention of the public and to collect donations within the JCK Show in Las Vegas.
Indian manufacturer and global supplier of Venus Diamond to launch an online campaign to collect donations for the exhibition to present their capabilities in the US market.
During the show at the Venus Pavilion collecting signatures and donations to support the JFC initiatives will be organized. The more retailers, jewelery manufacturers and industry members will participate in this event, the more money they will gather in the JFC.
Commenting on the initiative, Rajesh Shah (Rajesh Shah), a partner Venus Jewel, said: We are delighted to support the JFC's mission, which is close to our family values and corporate philosophy. It aims to ensure and support children who are the real future of each country. Although we are a global organization, we would like to do something at the local level in the United States, so we are able to greatly influence the success of JFC initiatives. Our family has been focused on corporate social responsibility in India, and now we are pleased to begin working with a group that really does what is important in both the US and beyond. "
" We are proud of the fact that Venus Jewel has become a partner the JFC, as they demonstrate his company's website and opportunities on the US retail market, "-. said David Rocha (David Rocha), executive Director of the JFC" their emphasis on social responsibility and the history of support is clearly linked to our mission. Their support will allow us to help even more children in the coming year ", - he concluded.

Huso Investments, which intends to buy Trustco Hol...

2017-07-14T14:54:46.441-07:00

Huso Investments, which intends to buy Trustco Holdings, is engaged in the creation of an unnamed joint venture for the geo-economic evaluation, development and exploration of deposits of diamonds in Sierra Leone.
Namibia Economist reports that Huso Investments has not yet become part of Trustco Namibia, since the transaction is pending approval of shareholders.
"While the deal Huso has not yet been closed, the company wishes to inform the shareholders about the beginning of the advanced stage of negotiations with the target company in Sierra Leone regarding a potential partnership for the geo-economic evaluation, development and exploration licenses for diamond deposit. The license was obtained in June 2015 ", - stated in a statement to shareholders Trustco.
"If Huso and the target company will be satisfied with the results of an independent audit, they will make every effort to negotiate and come to a final agreement," - added to the company.
Trustco awaiting the results of a comprehensive audit within 15 working days.
Huso has stakes in companies in diamond cutting in Namibia.

The famous phrase at the conclusion of the transac...

2017-07-14T14:54:27.482-07:00

The famous phrase at the conclusion of the transaction "Mazal u'Bracha" has until recently been the norm in the Israeli diamond industry, but now in the diamond exchange in the country drew the attention of law enforcement. They carry out their own investigation activities diamantaire with years of experience Hanan Abramovich (Hanan Abramovici). Thus, the age-old system of diamond trade exposed forced changes, reports Financial Times.
Abramovich was arrested by Israeli police on April 20 on suspicion of defrauding other traders, and the aggregate amount of their losses amounted to about $ 65 million. The charge diamantaire yet been charged.
Although this incident may have a direct impact on the traders, who allegedly lost money at stake is the very future of the extensive diamond industry in Israel, with its deep roots in the history of the Jewish people. The inability of most diamond trade system to solve the problem has prompted traders to file a complaint with the police, although this happens rarely, they say in the FT.
However, the case Abramovich raised uncomfortable questions, such as why a country with a higher credit rating and reputation of a solid business regulation allows you to save the weak regulation in the diamond industry?
Yoram u'Dvash (Yoram Dvash), newly elected president of the Israel Diamond Exchange, made a commitment to open up the market and provide a full police investigation. According to the internal code of conduct on the stock exchange, diamantaire face disciplinary action in the event that another trader submits leadership Exchange legitimate complaint.
At the present time, even though many transactions still occur in words and handwritten receipts, traders began to document the transaction. Deceived partners Abramovich presented police documents confirming illegal operations.
Keeping the diamond business in Israel in 2016 is more complex due to the large volume of regulation, the need for submission of documents, compliance with local and international regulations. Polished prices have fallen by almost a third from 2014. Thus, anyone who wants to deal with diamonds, but do not want to communicate with the financial documentation, is doomed to failure. About 2,500 traders on the stock exchange are in a quandary, trying to survive in the market.
In September, Israel will come into force a new law on money laundering, which would prohibit cash transactions and require greater disclosure. Traders who are diamonds worth more than NIS 50,000 (about $ 13,000) will be forced to disclose information on transactions, as well as any two people who trade in diamonds worth more than 50 thousand shekels a month.
The current situation in the Israeli diamond trade can hardly be called easy.

RioZim reported to waive pre-emption rights on the...

2017-07-14T14:54:09.916-07:00

RioZim reported to waive pre-emption rights on the shares of the company Murowa Diamonds before its sale in June of last year due to the inability to pay for their purchase.
Rio Tinto sold its 78 percent stake in the company Murowa RZ Murowa Holdings, the investment division of Global Emerging Markets to a private company and the largest shareholder RioZim.
However, RioZim, which controls 22% Murowa, yet the company has received at their disposal.
Source agency quoted representatives RioZim, who pointed out that the Board of Directors June 10, 2015 adopted a resolution irrevocably and unconditionally renounce the right to pre-emptive company RZ Murowa Holdings purchase of shares.
"The decision was made in light of the financial problems faced by the RioZim, its inability to obtain the necessary funding and in view of the problems faced by mine Murowa (Murowa). In the mine time was closed, and was faced with serious problems that require large financial investments and other measures ", - said the source.
However, it was stated that the shareholders RioZim was not allowed to exercise their pre-emptive rights on Murowa sale in accordance with the shareholders agreement with Rio Tinto, he adds.
Zimbabwe's government has already announced an investigation in connection with the methods of selling stakes in Rio Tinto in Murowa, although RioZim and noted that the authorities were informed of all the details of the transaction.

According to statements by representatives of the ...

2017-07-14T14:51:44.146-07:00

According to statements by representatives of the diamond company DiamondCorp, early signs suggest the 2016 stabilization of prices for polished diamonds and to reduce the volume of waste diamond.
CEO of DiamondCorp Euan Worthington (Euan Worthington) said in its annual report that some diamond prices increase is a sign that the market cycle has bottomed.
In comparison with other commodity markets the diamond industry showed somewhat greater stability, but, nevertheless, turned out to be susceptible to lower prices.
Worthington said that the prices have started to decline, continued to fall and decreased in total by approximately 15% in 2015 in the last quarter of 2014.
"Until the middle of the year it seemed that prices were relatively stable, but then demand fell, and only $ 70 million worth of diamonds were sold in November at the Diamond Trading Company website, which was almost record low", - he added.
"The industry is relieved when the final site of the outgoing year, sales again reached $ 250 million The first three companies have brought her $ 540 million, $ 617 million and $ 660 million, suggesting a strengthening in demand and stabilization of the diamond supply chain." - continues to Worthington.
He noted that the fall in diamond prices was logical, because for the past few years, growth in diamond prices did not match the increase in the price of diamonds.
"The correction in prices down finally took place against the background of a number of factors, including weaker demand for jewelry, drop in lending diamond cutting industry in several major banks, as well as the inability of producers of diamonds respond to the decline in demand", - concluded Worthington.

Executive Director of the Dubai Center commodities...

2017-07-14T14:51:29.159-07:00

Executive Director of the Dubai Center commodities (Dubai Multi Commodities Centre) and chairman of the Kimberley Process (KP), Ahmed Bin Sulayem (Ahmed Bin Sulayem), in his speech at the opening of the inter-sessional meeting of the KP in the UAE said that his country had agreed to all the conditions imposed by the World Diamond Council (World Diamond Council). KP acted as a moderator between the Coalition of Civil Society (CSC) and the UAE, but it did not satisfy the "self-proclaimed" leader of the CSC Alana Martina (Alan Martin), reports gulfnews.com.
Pointing to the absence of Martin at the meeting of the KP, Bin Sulayem said: "I strongly urge Mr. Martin back to work." It also "strongly refuted and rejected" the accusations CSC, consisting of 11 human rights groups, the unsuitability of the UAE presidency of the KP. For the first time an Arab country has become the chairman of the KP, the aim of which is to regulate the international diamond industry to remove the so-called "blood diamonds" or "conflict diamonds" from the market.
Apart from the fact that the negotiations with Venezuela and the Central African Republic on its accession to the KP continues, Bin Sulayem said that this can be achieved in the current year under the chairmanship of the organization.
Earlier, the UAE Minister of Economy Sultan bin Said Al Mansouri (Sultan bin Saeed Al Mansouri) noted the importance of the diamond trade in the UAE.
Bin Sulayem added that the estimate of the cost of diamonds is an important issue for the CP, however, negotiations with industry leaders and the Organization for Economic Cooperation and Development (OECD) have been launched to address it.
"Valuation of diamonds is a problem that is not limited to one country, one diamond trading center, or the Kimberley Process is an important task for the entire diamond industry.", - he said. "In particular, diamond-exporting countries in Africa, one of the main priorities is to get the most out of their mineral resources", - concluded Bin Sulayem.

UAE Economy Minister Sultan bin Saeed Al Mansouri ...

2017-07-14T14:51:12.856-07:00

UAE Economy Minister Sultan bin Saeed Al Mansouri (Sultan bin Saeed Al Mansouri), as well as the Executive Director of the Dubai Center commodities (Dubai Multi Commodities Centre) and chairman of the Kimberley Process (KP), Ahmed Bin Sulayem (Ahmed Bin Sulayem) welcomed more than 200 delegates to the KP intersessional meeting in Dubai on 23 May. The event takes place from 23 to 26 May 2016.
United Arab Emirates (UAE) are the first and only Arab country-chairman of the Kimberley Process. The objective of the CP is to control the world diamond trade.
In his opening speech, His Excellency Sultan Bin Said Al Mansouri said: "The Kimberley Process is a global body which aims to promote the prosperity of a secure and stable environment in the diamond trade ensures that all participants in the chain of diamond supply and stakeholders industry can take full advantage of all its benefits. . that is why we consider it appropriate that the UAE was able to create so many strong and lasting partnerships in the framework of the KP. "
Ahmed Bin Sulayem said: "I see two major challenges facing us - is the solution of urgent issues of today to strengthen the KP, as well as finding a way that will allow us to meet the challenges of the future we have a responsibility to the whole chain of the diamond supply and stakeholders. who expect us to develop an approach to address the most difficult issues through consensus and the importance of change. "
Bin Sulayem called for a wider group of international and credible non-governmental organizations to join the Kimberley Process to improve cooperation with civil society. In addition, recently the Central African Republic was declared a zone of compliance requirements of the KP. Bin Sulayem said that Venezuela is currently re-admitted to full membership of the KP in its desire to resume the sale of diamonds.
A key topic at the meeting will be to assess the diamond. Chairman KP held a special forum for the evaluation of diamond system in anticipation of the intersessional meeting of the KP. Joined the Forum leaders of the diamond industry, including representatives of the largest diamond companies, experts and advisers working groups CP.
Bin Sulayem added: "I am very pleased that the OECD took part in a special forum on diamond evaluation KP My goal as KP chair - to begin to take the first concrete steps in solving urgent issues:. The expansion of data collection, financial transparency, international trade and traceability of the supply chain diamonds. "

According to preliminary data released Tuesday by ...

2017-07-14T14:50:56.110-07:00

According to preliminary data released Tuesday by Anglo American, its subsidiary De Beers has received $ 630 million in the framework of the fourth period of diamond sales this year, while in the third in this year's auction the diamond company managed to earn $ 666 million.
The total volume of diamond sales De Beers sightholders consists of sales and auction sales.
"In the diamond market return normal seasonal trends We are encouraging the continued stability of demand for rough diamonds in the framework of the fourth period of diamond sales in 2016." - said Filipp Mele (Philippe Mellier), executive director of De Beers.
Full sales results for the reporting period will be known after the company announced holding its fifth period of diamond sales this year.

Rio Tinto unveiled the largest diamond ever found ...

2017-07-14T14:49:43.736-07:00

Rio Tinto unveiled the largest diamond ever found in North America to its customers in Israel. Diamond called "Diavik Foxfire" ( "Glow Diavik") weighing 187.7 carats, was discovered last fall in the Diavik Diamond Mine (Diavik) in the Northwest Territories of Canada, 200 km from the Arctic Circle.
Alan Davis (Alan Davies), CEO division Rio Tinto diamond mining and minerals, said: "We are for the present this exceptional diamond from Canada, the age of which is about two billion years of its ancient origin and the tremendous efforts of engineers that were needed. for removal of mines in harsh Arctic conditions, make this stone true wonder of nature. "
"Glow Diavik" will be on display at the International week of rough diamonds in Tel Aviv, Israel. Cut in a number of major experts have already expressed interest in the stone.
Patrick Coppens (Patrick Coppens), General Sales Director Rio Tinto diamond division, said: "the size combination, origin and ethical production" Glow Diavik "indicate an important milestone for the diamond industry may have in Canada will never be able to get a diamond of this size. quality. "
Almaz "Diavik Glow", which will soon return to Antwerp for the final show and sale in May and can be faceted into one large diamond, which will find its place in an exclusive jewelry.

Companies CanAlaska Uranium Ltd and De Beers Canad...

2017-07-14T14:49:28.035-07:00

Companies CanAlaska Uranium Ltd and De Beers Canada announced an agreement worth 20.4 million Canadian dollars ($ 15.7 million) on exploration of diamond deposits in the western part of the Athabasca Basin.
CanAlaska, which owns the land area of approximately 700,000 hectares in the Athabasca Basin in Canada, initially applied for carrying out exploration in the region and selected for the development of 75 goals, which can potentially be kimberlites. This was done on the results of airborne geophysical survey of high resolution, recently conducted on behalf of the Geological Survey of Saskatchewan.
Geomagnetic survey was carried out from the air in 2011 and has revealed a series of discrete magnetic anomalies in the area prirazlomnoy Grise River. This area is virtually unexplored. CanAlaska stated that the samples to identify the minerals-indicators in the area of Fort McMurray, Alberta chromite prevails, there is a certain amount of pyrope and eclogite garnets.
Under the terms of the agreement De Beers is to achieve progress in the parameters of the transaction in a timely manner or return land property CanAlaska. Priority work should include detailed aerial survey, sampling diamond indicators in the vicinity of targets, followed by test drilling priorities.
"Location of the goals in the thick sequence of rocks of the crust and the formation of clusters around major structural features of the terrain provides a compelling purpose for CanAlaska and De Beers, - said President of CanAlaska Peter Dasler (Peter Dasler). - We are very pleased to have joined forces with the world leader in the exploration of diamond deposits to assess sites with total area of 17,400 hectares (43,000 acres), which filed an application for registration of the mining lease and on which there are multiple objectives. Our alliance with De Beers will allow for fast initial assessment, and we look forward to the opportunity to participate in the project as it grows, referring to De Beers partners. "

Dozens of small diamond traders and cutters in Sur...

2017-07-14T14:49:13.211-07:00

Dozens of small diamond traders and cutters in Surat are facing serious difficulties, because four diamond dealers operating in the Indian Diamond Exchange (Bharat Diamond Bourse, BDB) and the complex Bandra Kurla (Bandra Kurla Complex, BKC ), have not been able to pay them a total of $ 22, 55 million in the past few days, reports Times of India.
According to the source, two diamond traders working in BKC, put diamonds worth $ 11.27 million Chinese companies from the two dozen traders in Mumbai and Surat. After that, the Chinese company has not paid the money the Mumbai diamantaires, and those have disappeared from the market.
In addition, two other diamond dealers have not been able to pay more than $ 11 million due to the losses incurred in the past year. One of the diamond dealers based in BKC, offered to pay part of the debt through the sale of his office.
As reported in the Times of India, the mood of the participants of the diamond market in Surat and Mumbai, the worst in history after a series of defaults in the diamond industry, observed in recent months.

Gemfields received $ 14.3 million as part of its a...

2017-07-14T14:48:57.855-07:00

Gemfields received $ 14.3 million as part of its auction of emeralds mostly of poor quality from the mine Kagem (Kagem) in Zambia, owned by the company by 75%.
Emeralds were sold at a price of $ 5.15 per carat - a record for an auction of this quality stones.
"Once again, we managed to get a great result at the auction in Jaipur, and also to achieve a new record for the price of emeralds mostly of low quality," - said Chief Executive Officer Jan Gemfields Herbotl (Ian Harebottle).
"The result of this auction means that Kagem mine brought the company more than $ 100 million in revenue in the current fiscal year. Although we are confident that in the coming years we will be able to exceed these figures, we are still thankful to all the loyal members of our team. They made it possible for the that Kagem mine achieved unprecedented success for the precious stones sector in Zambia, "- he added.
At the auction, which was held in Jaipur in India last week, it offered to buy 3.67 million carats of emeralds, with the company managed to sell 14 of the 18 lots.
In Gemfields noted that through this auction will be significant opportunities for further growth in demand in other emerging areas.

According to media reports, the general director o...

2017-07-14T14:48:42.442-07:00

According to media reports, the general director of the national diamond company of Angola (Endiama) Sumbula Carlos (Carlos Sumbula) said that the discoveries of diamonds in Angola is a priority.
During a visit to Lwini Foundation Fund in eastern Lunda Sul province of Angola Sumbula said that the company complies with the guidelines outlined by the Angolan Government, and to support social projects and efforts to implement projects to improve the quality of life of people, reports citing AllAfrica.com on AngolaPress.
Among the social programs mentioned Carlos Sumbula housing complex Mwono Waha, which provided housing for more than 500 employees of the Mining Company "Catoca".

ALROSA reported that the handset "Summer Ligh...

2017-07-14T14:48:21.876-07:00

ALROSA reported that the handset "Summer Lightning" Udachninsky Mining and Processing Plant (GOK) mined diamond weighing 207.29 carats.
Stone gem quality with dimensions of 38.0 x 37.0 x 18.0 mm is the largest in the history of diamond "Zarnitsa". Mined diamond is a transparent crystal of a transitional form with a small vividness faces. Name diamond is not yet assigned.

"Extraction and enrichment technology used to...

2017-07-14T14:48:06.281-07:00

"Extraction and enrichment technology used today provide a high degree of preservation of diamonds", - said Gleb Shmarov, Chief Geologist Udachninsky mine.
Diamond mining on the handset "Summer Lightning" is conducted since 1999 pit method. Identified reserves classification JORC Code on 01.01.2015, amounted to 7.49 million. Carat. In 1kvartale current year within the framework of increasing the production capacity of the quarry it was produced 2.3 times more diamonds than the same period of 2015.
Udachninsky Mining is one of the main divisions of "ALROSA", engaged in the development of an underground mine "Lucky" to them. Fedora Andreeva, "Summer Lightning" tube placer deposits "pyrope creek." Combine started developing Upper Muna field, which is composed of a tube "Deymos", "Polar", "Komsomol - Magnetic" and "novelty". In 1Q. 2016 Udachninsky GOK mined diamonds to 1.09 million. Carat.

Canadian diamond company Dominion Diamond Corporat...

2017-07-14T14:47:51.613-07:00

Canadian diamond company Dominion Diamond Corporation (DDC) announced that the Minister of Land Affairs of the Government of the Northwest Territories of Canada Robert C. McLeod (Robert C. McLeod) endorsed the recommendations of the Council of the environmental impacts of Makkenzi Velli area (Mackenzie Valley Environmental Impact Review Board) according to which the diamond project Jay (Jay) may be approved for implementation, taking into account the implementation of measures outlined in the report of the environmental assessment.
DDC in the near future will submit an application for a license for water and land use, which is the last step in the approval of the environmental component of the project.
Jay is the most significant undeveloped properties Ekati diamond mine (Ekati) and allows you to extend the operation of the mine in the 10-11 years of its projected closure. DDC is planning to publish a feasibility study on the project of Jay later this month.
Dominion Diamond Corporation is the third largest world producer of diamonds by value. The company is well capitalized and has a strong balance sheet.
DDC operates the mine, and also owns 40% of the Diavik diamond mine (Diavik). The company supplies the world market with a wide range of high-quality rough diamonds through its sorting and sales in Canada, Belgium and India.

Swarovski trying to enter the diamond market for m...

2017-07-14T14:47:35.755-07:00

Swarovski trying to enter the diamond market for many years, and now the company can be closer to his goal than ever. According to a report published by Diamond Intelligence Briefs (DIB), the legendary Empire crystals looking for a reliable supplier of synthetic diamonds, and could potentially refuse to cooperate with well-known laboratories for the production of created diamond man, such as Element Six company De Beers, turning instead to their attention in the towards China.
According to some reports, the talks between Swarovski and De Beers actually took place, but the marketing model of Swarovski, was believed to De Beers, did not provide optimum added value and the deal, according to the DIB, was canceled.
At the same time, Chinese manufacturers, who over time have the potential to displace from the market of any company's jewelery industry, including Swarovski and De Beers, can be a source of synthetic diamond crystals for the eminent manufacturer.
However, Swarovski is not a public company and is therefore not obliged to disclose their financial information to investors, so that it can hold its plans to enter the diamond market in the mystery. Of course, there are a number of signs indicating the company's participation in the diamond business, including the launch of the "test" brand DIAMA synthetic stones in 2016.
Chapter Swarovski PR and Corporate Affairs Andrea Derntaler (Andrea Durnthaler) confirmed the DIB, that "Swarovski is interested in expanding its brand portfolio ... DIAMA a European jewelery brand, representing the synthetic Swarovski diamonds. Its exclusive collections were launched in a number of selected independent retail jewelry stores 2016. " She also noted that DIAMA collection includes products from 18-carat gold with round synthetic diamonds.
If Swarovski wants to enter the market with its own brand of synthetic diamonds through the existing own network of more than 2,500 stores, it can quickly establish itself as a reliable source of gem-quality stones, are added to the DIB. At the same time mixing of synthetic and natural diamonds will not occur, and these stones will not compete with jewelry with natural diamonds. This will create a differentiation of products that are so eager to producers of natural diamonds. In addition, it can be a win-win situation for both Swarovski, as well as for producers of natural stones. In addition, artificial diamonds can gradually be recognized in the market as a product of Swarovski due importance and influence of the company, which has the potential to create new important market of artificial diamonds, concludes DIB.

It is reported that GECKO Namibia has received les...

2017-07-14T14:47:20.099-07:00

It is reported that GECKO Namibia has received less money for services rendered by the diamond company in Marange (Marange), Zimbabwe, after its closure at the beginning of this year.
GECKO provides a range of services including - exploratory drilling, chemical analysis, metallurgical testing, engineering and construction, as well as contracts for the extraction of minerals.
According to the Zimbabwe Independent, the Zimbabwean Mbada Diamonds has GECKO owed $ 13.3 Mill.
At the same time representatives of exploration companies have expressed dissatisfaction with the fact that they were unable to gain access to their own equipment left on Mbada possessions after the closure of the Government of Zimbabwe diamond mining operations.
"Unfortunately, we have not received anything from Mbada pretty substantial sum." - leads edition of the words of an unnamed representative of GECKO.
"I do not know, how do we get that money back, given that diamond companies have had to leave their concession We do not have access to the equipment, which now remains in Marange without proper supervision and service, -. He adds -. We are not sure ever get back the money. when Mbada diamonds still led diamond mining, we sent several requests for a refund, which, however, have been unsuccessful. "
Due to the shortfall in funds from Mbada company GECKO had to resort to reduce personnel at its operations in Namibia and South Africa, said the publication.