2020
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Rare, precious diamonds revealed in Mat South
- November 11, 2020
- Posted by: adminz
- Category: News
No CommentsExtensive resource definition and quantification works being undertaken by Russian firm, Alrosa, at the Malipati Diamond Project in Matabeleland South, have revealed a rare and high value species of diamonds that have potential to change the face of Zimbabwe’s gem industry. Alrosa, the Russian diamond behemoth, is the world’s largest gem miner with an annual
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“Blitz of Prices Rises” for Some Diamonds
- November 4, 2020
- Posted by: adminz
- Category: News
October saw price rises among smaller fancies and round diamonds. According to the IDEX Price Report, published by IDEX Online, October saw “a blitz of price rises among smaller fancies (0.23-0.44 carats) and some positive movement among 0.45-0.69-carat” diamonds. The report states that, while there was a rise in demand for these “smaller, less costly
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India’s gem and jewellery industry getting back on track
- November 4, 2020
- Posted by: adminz
- Category: News
Image credit: Star Rays By July 2020, the COVID-19 pandemic had reached a rather alarming stage in India. And, not surprisingly Surat, the biggest diamond cutting centre of India was badly hit too. So, the city saw a massive exodus of diamond industry workers leaving the city in large numbers. This eventually left most
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Antwerp’s diamond industry remains operational
- November 4, 2020
- Posted by: adminz
- Category: News
As restrictions to combat a second wave of the COVID-19 pandemic tighten in countries across the globe, Antwerp continues to be operational, a communication from the Antwerp World Diamond Centre (AWDC) which was sent to the local trade community states. Last Sunday, Belgium’s Federal government, following other countries across the globe, announced new measures to
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ZCDC working on diamond value addition plan
- November 4, 2020
- Posted by: adminz
- Category: News
ZCDC Chief Executive Officer Mr Mark Mabhudhu An ambitious plan to ensure Zimbabwe generates more revenue from diamonds through value addition and beneficiation, has been set in motion while a massive global marketing of the gems will also be pursued from next year. Critically, revenue from the sale of diamonds will be channeled towards
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US$12bn mining industry achievable
- November 4, 2020
- Posted by: adminz
- Category: News
Minister of Mines and Mining Development Hon. Winston Chitando WHEN President Emmerson Mnangagwa in October last year launched a roadmap to achieve a US$12 billion mining industry by 2023 most people and economic analysts dismissed it as a highly ambitious statement of intent. The roadmap was described as hollow on how such an ambitious
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A ring with 7,801 diamonds sets new World Record
- November 2, 2020
- Posted by: adminz
- Category: News
The design is based on a rare Himalayan flower and has 46 “petals” of diamonds A super lavish ring, aptly named “The Divine”, now holds the new Guinness World Record for most diamonds set in one ring. The ring, set with 7,801 diamonds, will be auctioned in the future, according to IDEX Online. The
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Alrosa combines cutting and polishing into a single framework
- October 27, 2020
- Posted by: adminz
- Category: News
Alrosa plans to integrate all its facilities to a new production framework in 2021. Russian mining giant Alrosa has begun to combine its cutting and polishing facilities into a “single production framework”, according to a press release. To date, Alrosa has three cutting and polishing facilities across the country, all together responsible for more than
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Trade must continue transformation: Dvash
- October 27, 2020
- Posted by: adminz
- Category: News
Image: Yoram Dvash – (Israel Diamond Exchange) The week of September 14 was as momentous as they come for Yoram Dvash. The 56-year-old head of the Israel Diamond Exchange was elected president of the World Federation of Diamond Bourses (WFDB), having served as its interim leader since April, while his office facilitated the biennial
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Diamond revival underway after a 10-month slump
- October 23, 2020
- Posted by: adminz
- Category: News
A Sotheby’s employee holds a 102.39-carat D Color Flawless Oval Diamond during a media preview at Sotheby’s in New York last month. (Photo by Angela Weiss, AFP via Getty Images Diamonds are starting to sparkle again after a 10-month slump with jewelers hoping that the recovery will accelerate in the lead up to Christmas,