2020
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Bank manager finds 9.07 carat diamond in park
- October 5, 2020
- Posted by: adminz
- Category: News
No CommentsArkansas Diamond Find(The Arkansas Department of Parks, Heritage and Tourism) A bank manager discovered a 9.07-carat diamond at a state park in southwestern Arkansas after thinking the precious gem was a piece of glass. Kevin Kinard of Maumelle found the second-largest diamond in the 48-year history of Crater of Diamonds State Park on Labor
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Rough sales pick up as market begins rebound
- October 2, 2020
- Posted by: adminz
- Category: News
Miners have seen “encouraging” signs of recovery in the diamond market as they resume rough sales following an extended period of weak demand. Mountain Province garnered $8.9 million from the sale of 210,661 carats from its Gahcho Kué mine in Canada, at an average price of $42 per carat, at its first tender since the
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Covid-19 driving move to digital
- October 2, 2020
- Posted by: adminz
- Category: News
The emerald-cut, 28.86-carat diamond ring that garnered $2.1 million at Christie’s, marking a new record for the most expensive jewel sold in an online-only auction. (Image: Christie’s) As the diamond industry begins its recovery from the initial impact of Covid-19, its once-lagging progress toward digital is being vastly accelerated. While this will not be
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Diamond Grading Gets an International Standard
- October 2, 2020
- Posted by: adminz
- Category: News
The International Standards Organization (ISO) has approved its first grading guidelines for polished diamonds in an effort to achieve consistency among laboratories. The new ISO 24106 specifies the terminology, classification and methods that labs should use when grading and describing loose stones, the World Jewellery Confederation (CIBJO) said recently. Implementing the instructions is voluntary, unless
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Press Statement on appointment of CEO
- September 28, 2020
- Posted by: adminz
- Category: News
Press-Statement-on-appointment-of-CEO-Mr-Mark-Mabhudhu-2020-1Download -
Mark Mabhudhu appointed ZCDC CEO
- September 21, 2020
- Posted by: adminz
- Category: News
Vastly experienced metallurgist, Mr Mark Mabhudhu, has been re-appointed Zimbabwe Consolidated Diamond Company (ZCDC) chief executive officer. In an internal memorandum dated September 2, ZCDC board chairman Mr Wellington Pasipamire said the appointment is with immediate effect. Mr Mabhudhu’s appointment means he is the first substantive CEO at the state-owned diamond miner since the
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ZCDC on course to achieving transparency
- September 11, 2020
- Posted by: adminz
- Category: News
11 September 2020 The Zimbabwe Consolidated Diamond Company (ZCDC)’s recent publication of its annual reports is a sign that the diamond sector is well on course towards achieving transparency in line with international best practice. Audited reports for Zimbabwe’s diamond sector had last been made public in 2013 amid accusations, back then, that the
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African miner digs up 442-carat diamond
- August 23, 2020
- Posted by: adminz
- Category: News
African miner Gem Diamonds said it has unearthed a 442-carat diamond at its Letseng mine in Lesotho. Bloomberg 23 August 2020 A small diamond miner that has dug up some of the world’s most valuable gems from a mountainous African kingdom has found another huge stone. Gem Diamonds said it unearthed a 442-carat diamond at
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Zim targets 12m carats in 5 years
- August 21, 2020
- Posted by: adminz
- Category: News
21 August 2020 Zimbabwe is targeting to grow diamond production from 3,5 million to 12 million carats by 2025, Minister of Mines and Mining Development Winston Chitando has said. Before Zimbabwe attains such lofty output it has to achieve an ambitious but achievable target of growing the diamond sector to a US$1 billion industry.
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How COVID 19 has disrupted the diamond industry
- August 13, 2020
- Posted by: adminz
- Category: News
13 August 2020 In the months of December 2019 and early January 2020, the diamond industry was experiencing a rise in the demand for diamonds and jewelry. This was until the COVID 19 pandemic struck affecting China which accounts for 15% of the global diamond market. The lockdown in China not only meant