Alrosa’s Q1 Production -17% To 7.4 Mn Ct

Alrosa, the world’s biggest diamond producer, reported a 17% decline in diamond production for the first quarter of 2018 to 7.4 million carats owing to production slowdowns caused by an accident last…

WDC Supports OECD Due Diligence Guidance For Minerals

The World Diamond Council (WDC), an industry group focused on preventing conflict diamonds from entering the legitimate global supply chain and protecting the value of natural diamonds, announced its support of the…

De Beers Q1 Production +15% To 8.5 Mn Ct

De Beers reported a 15% increase in rough diamond production to 8.5 million carats in the first quarter of 2018, reflecting the ramp-up of production from Gahcho Kué in Canada and increased…

Rosy Blue Buys Minor Stake In Leo Schachter

Leo Schachter, a leading diamond manufacturer, has welcomed Rosy Blue, one of the world’s foremost diamantaires, as a minority investor in its business. This transaction, anticipated to close soon, will mark the…