The 2008 economic crisis, COVID-19, and sanctions on Russian goods have set the stage for an interesting decade for natural diamond supply.
The chapter has organized a day trip to the Sterling Hill Mine and Museum in Ogdensburg on Saturday, May 21.
The stones come from a deposit close to Mahenge and have been on the market for several months.
Australian company Newfield Resources is developing the mine and will sell its production through Bonas Group in Antwerp.
The diamond miner wants to find a “technically and financially suitable” buyer for Koffiefontein.
The company has signed two Mineral Investment Contracts for license areas in northeast Angola.
Strength in rough diamond sales continues, but the war in Ukraine and COVID lockdowns in China have companies on alert.
The nonprofit will buy masks and filters for 5,000 miners in Merelani, Tanzania, to prevent the inhalation of silica dust.
The firm has partnered with the Alliance for Responsible Mining to bring “Certified Sustainability Rated Gold” to the market.
Burgundy Diamond Mines said it will begin commercial production at Ellendale before the end of 2022.
More than 210,000 carats of high, medium, and commercial-quality rough will be on offer in the UAE from April 3-10.
The custom-built vessel will increase Debmarine Namibia’s annual production by 45 percent.
Parent company Shefa In Israel Ltd. holds the country’s only permits and licenses for the exploration and mining of gems.
The sanctions are not a total ban on doing business with Alrosa in the U.S., but they still will have an impact on the jewelry industry.
Bigg is the first woman to lead operations at the Canadian diamond mine.
Employees reported instances of sexual assault and harassment, racism, bullying, and other forms of discrimination.
Fourth-quarter production was up 15 percent year-over-year, with the full-year total topping 32 million carats.
“American Gemstones” wants to raise appreciation of the stones, and those who mine and cut them, even more.