In a warm and intimate ceremony, ALROSA inaugurated its India Representative Office this morning. The newly acquired office is located in Tower AE in the Bharat Diamond Bourse (BDB) Complex in Mumbai’s Bandra Kurla Complex (BKC).

Mountain Province Diamonds Inc said that it sold 451,000 carats of rough diamonds at its third tender sale of 2018 held in April at a total value of US$ 26.4 million. In a statement reporting the results, the Company said it was “very pleased” with the “solid outcome”.

Releasing its unaudited key operational data for the three month period ended March 31, 2018, Chinese jeweller Chow Tai Fook reported improved sales in both its key markets – Mainland China and Hong Kong & Macau.

The Diamond Producers Association (DPA) has appointed Grant Mobley to the newly created position of US Trade Director with responsibility for leading the organisation’s trade relations in the US. Mobley, a diamonds graduate from the Gemological Institute of America, joins the DPA with over 13 years of experience in the jewellery industry.