Headlines

ALROSA Reports Rise in Output for Q2, But Lower on Year

ALROSA reported that diamond production jumped on the quarter, but was down on the year.

Its Q2 2018 production performance and preliminary trading update is as follows.

Petra Production Soars 15% in FY 2018, Revenue Shoots Up 21%

Petra Diamonds Limited reported that its production soared 15% in 2018, while revenue rose 21%.

De Beers Helps Transfer 200 Elephants To Mozambique From S. Africa

De Beers has begun to transport 200 elephants across 1,500km from its Venetia Limpopo Nature Reserve (VLNR) in South Africa to Mozambique.

The operation, one of the largest elephant translocations ever recorded in South Africa, is part of a major conservation initiative to protect the welfare of wildlife in South Africa and help restore Mozambique’s elephant population.

Firestone Diamonds Reports Record Production in Fiscal Fourth Quarter

Firestone Diamonds plc, whose operations are focused in Lesotho, reported record production figures for its fiscal fourth quarter ended 30 June at its Liqhobong diamond mine.

New FTC Guidelines Appear to Give Boost to Lab-Grown Diamond Makers

The US Federal Trade Commission (FTC) has published its revised Jewelry Guides which appear to give a boost to the lab-grown diamond sector.

New NCDIA Asia Office Opened At Jewelry Trade Center In Bangkok

The Asia office of the Natural Color Diamond Association (NCDIA) has opened in the 59-storey Jewelry Trade Center (JTC) in downtown Bangkok providing a base in Asia for NCDIA members around the world, the organization said.

The Bangkok office will be a place to stage seminars for interested consumers to educate them about natural colored diamonds.

JVC Reviewing Revised FTC Guides, To Release Educational Materials

The Jewelers Vigilance Committee (JVC) is working on reviewing the revised Federal Trade Commission (FTC) Guides for the Jewelry, Precious Metals, and Pewter Industries Guides and will release educational materials for industry members on the Guides soon.

WDC Officials Complete First Mission to Angola Outside of Formal KP Meetings

World Diamond Council (WDC) executives visited Angola for a series of meetings with stakeholders involved in the Kimberley Process (KP).

WDC Acting President Stephane Fischler and Executive Director Marie-Chantal Kaninda made the trip at the invitation of Angolan authorities, marking the first time there has been a WDC mission to Angola outside of a formal KP meeting.