News

Armenia's Special Investigation Service arrested the top customs control official at Yerevan international airport on Tuesday.

Alrosa President Fyodor Andreev discussed diamond project possibilities with state-owned diamond company Endiama at meetings he held with Angolan President José Eduardo dos Santos and Minister of Geology, Mining and Industry Francisco Queiróz in Luanda on Tuesday.

A designer in New Zealand has made a shoe set with 21.18 carats of diamonds that is claimed to be the most expensive in the world with an estimated value of $420,000.

Work on the Renard mine road has commenced earlier than expected due to improved weather and progress already stands at 12 percent of the total project, says Stornoway Diamond Corp.

Antwerp is aiming to be the marketing and sales center for rough goods to be produced at Stornoway Corp's Renard mine in Quebec in Canada.

The European Union has suspended most sanctions against Zimbabwe after a vote in the Southern African country that gave a green light to a new constitution that limits presidential powers and leading the way to elections which have been penciled in for July.

The highlight of Sotheby’s annual spring Magnificent Jewels auction in New York on April 17 will be an exceptional 74.79-carat, D, VVS1, potentially flawless, Type IIA, pear-shaped diamond that has a presale estimate of US$9 million to US$12 million.

"It's been many years since I have seen anything like that at the exchange." "The atmosphere is electrifying." Those were just some of the words of praise for the US/International Diamond Week that took place at the Israel Diamond Exchange last week.

In his presentation on the state of the global diamond business as part of the US/International Diamond Week at the Israel Diamond Exchange (IDE) last week, the renowned international analyst gave statistics relating to the sector's financial state and pointed out the dangers that it faces.

Yair Sahar: "Today is one of the happiest days I have known since I joined the diamond industry more than 30 years ago. The last four days were an extraordinary experience. I was moved at seeing the smiles on the faces of so many bourse members."