Rough Diamond News

  • TAGS/Sodiam Raises $21.6m at Angola Tender
    on 25 July 2024 at 12:00 pm

    Trans Atlantic Gem Sales (TAGS) sold 45 stones for a total of $21.6m at tender in association with Sodiam, Angola's state-owned diamond company. Among the stones sold was a parcel of six diamonds (447 carats) from ...

  • India's Diamond Industry hit by 64 Suicides
    on 25 July 2024 at 3:00 am

    Two diamond workers from India reportedly took their own lives on the same day, as the global downturn continues taking its financial toll on the world's cutting and polishing capital. They bring the number of industry suicides in the last...

  • Another Hefty Drop for India's Diamond Exports
    on 24 July 2024 at 7:00 am

    India's exports of polished diamonds suffered another hefty drop in June, down 26 per cent year-on-year to $1.02bn. Foreign sales in May were down by almost 15 per cent to $1.47bn, according to new figures from the GJEPC....

  • Huge Budget Boost for India's Diamond Industry
    on 23 July 2024 at 2:00 pm

    India's diamond industry welcomed a raft of measures announced in today's budget (23 July) which will encourage direct diamond sales from foreign mining companies and reduce tax on key raw materials. Finance Minister Nirmala said...

  • Canada Expects to Make More Diamond Discoveries
    on 23 July 2024 at 4:00 am

    Canada's diamond production remains in its infancy and there are still discoveries to be made, delegates at the 12th International Kimberlite Conference were told. "The diamond industry has been active only since the 1990s...

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