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LATEST Diamonds and gems  

163-carat diamond sells for $34m, still disappoints

15 Nov 2017 /  Thomas Mulier, Bloomberg  
Diamond the largest of its kind ever auctioned.

De Beers JV to close four Namibian mines by 2022

25 Oct 2017 /  Reuters  
The mines affected are Elizabeth Bay Mine, Daberas, Sendelingsdrift and Southern Coastal.

Diamonds are the new gold, says Singapore exchange

24 Oct 2017 /  Katya Stead  
SDiX has listed Diamond Bullion, a product designed to boost investment in diamonds.

De Beers sells fewest diamonds in two years after supply cuts

17 Oct 2017 /  Thomas Biesheuvel, Bloomberg  
Diamond producer sells $370 million of diamonds in sale.

World’s largest pink diamond expected to fetch up to $30m at auction

13 Oct 2017 /  Reuters  
The 37 carat stone is being auctioned by an anonymous owner.

Forget gold, diamonds seen as haven as new gems product listed

10 Oct 2017 /  Ranjeetha Pakiam, Bloomberg  
Packs of investment-grade diamonds are listed on Singapore Diamond Investment Exchange.

Diamond stocks are crashing this year, but gem prices aren’t

2 Oct 2017 /  Thomas Biesheuvel, Bloomberg  
Lucara and Gem Diamonds shares sank more than 30% in past year.

Christie’s to auction rare large diamond in November

28 Sep 2017 /  Stefanie McIntyre, Reuters  
The white diamond is 50% bigger than the largest stone that's come up on the market, which was 110 carats.

Canada’s Lucara sells world’s largest uncut diamond for $53 million

26 Sep 2017 /  Reuters  
Unsold stone 'weighs heavily' on the company's stock.

Giant pink diamond discovered could be Alrosa’s most expensive

21 Sep 2017 /  Thomas Biesheuvel and Yuliya Fedorinova, Bloomberg  
Company says it might cut and polish the stone itself.

Petra Diamonds restarts Tanzania mine, sticks to output target

19 Sep 2017 /  Radhika Rukmangadhan and Zandi Shabalala, Reuters  
Shares fall 7%, down 50% this year.

Botswana seeks option to buy unusually big diamonds from its mines

18 Sep 2017 /  Reuters  
Tshetlhane says it is not unusual for governments to have first option to buy precious stones.

De Beers said to hire leak hunter to probe gem data breach

14 Sep 2017 /  Franz Wild and Kevin Crowley, Bloomberg   1
Miner hires KPMG to find leak source.

De Beers pours cash in diamond ads with biggest spend since 2008

29 Aug 2017 /  Thomas Biesheuvel, Bloomberg  
Diamond miner boosts marketing budget to $140 million in 2017.

World’s first diamond futures exchange starts trading in India

28 Aug 2017 /  Swansy Afonso, Bloomberg  
Exchange has 20 large diamond companies as trading members.
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