Rough Diamond News

  • Challenging Times: New Candidates in AWDC Elections
    on 13 June 2024 at 1:00 pm

    Two prominent diamantaires will, for the first time, stand for office in the AWDC (Antwerp World Diamond Centre) elections. Chirag Shah, CEO of Yashvi Diamonds and Ravi Bhansali, Rosy Blue's managing director, are both among the...

  • Gem Diamonds: Second +100-cts in Under a Week
    on 11 June 2024 at 12:00 pm

    Gem Diamonds has recovered two +100-cts stones in under a week from its Letseng mine, in Lesotho. The most recent recovery, a 172.06-cts Type II white diamond, is also the seventh +100-cts diamond so far this year, compared ...

  • De Beers is Consciously Uncoupling from Anglo
    on 11 June 2024 at 10:00 am

    De Beers is heading for an amicable divorce from Anglo American, according to the company's CEO Al Cook. He described the proposed sell-off as a "conscious uncoupling", the term Gwyneth Paltrow and Coldplay...

  • Petra Agrees Five-Year Pay Deal with Mine Workers
    on 11 June 2024 at 6:00 am

    Petra Diamonds says a five-year pay agreement with mine workers in South Africa provides it with much-needed certainty during a "challenging period" for the industry. The UK-based miner has reached agreement with the ...

  • Botswana Aims to Increase Stake in De Beers
    on 10 June 2024 at 5:00 am

    Botswana's government hopes to increase on its 15 per cent stake in De Beers. It has greeted the proposed sell-off of the 136-year-old diamond miner by Anglo American as "the best thing". Earlier this week the country's...

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