martes, 1 de agosto de 2017

World's second-largest diamond 'too big' to sell

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Diamond News Digest
Wednesday 2 August 2017
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Lucara Diamond's Lesedi La Rona is said to face challenges other rock never do, including its multi-million-dollar price tag and a risky polishing process that can take months or years.

The diamond giant said customers began buying rough diamond earlier than usual so they can complete their polishing before Diwali begins.

The researchers say the realization of a stable and atomically thick two-dimensional diamond material is still forthcoming

The Argyle Everglow is a 2.11 carat polished radiant cut diamond

This is the second time this year the equipment giant boosts sales and profits forecast.

Labour disputes earlier in the year caused delays in the building of a new plant in its Cullinan mine in South Africa.

The Aikhal division accounted for more than a third of the company's total output in the period, having extracted 6.9-million carats of rough diamonds – a 26% year-on-year increase.

Both rocks, said ALrosa, are believed to be gem-quality.

The US company plans to operate Dominion as a standalone business, appointing a new chief executive based in Canada.

Vutomi licences were extended into additional area of mineralization adjacent to the firm's Frischgewaagt project in South Africa.

The company identified a group 2 kimberlite pipe in an area known by its high-grade diamonds.

The world's largest diamond producer by output said market has refound its balance.

The 126-carat is the latest in a string of major discoveries Gem Diamonds have made at Letšeng this year.

Here we are little more than half way through 2017, and industry fundamentals are not necessarily negative, but signals are mixed with a subdued tone.

Russia's Alrosa, the world's top diamond producer by output in carats, introduced Tuesday The Dynasty, a unique collection of diamonds manufactured at its cutting and polishing facilities.

Independent diamond industry analyst and consultant Paul Zimnisky has published a report on global rough diamond prices in the 10 years since the global financial crisis.

Rio's sale of The Australian Trilogy, an AUD$1.8 million one-of-a-kind coin collection featuring a pink, purple pink and violet diamond from the Argyle Diamond Mine, sold out in a month.

Rio Tinto's famed champagne and cognac diamonds from its Argyle diamond mine have been showcased in a signature piece of jewellery in New York, in celebration of their unique Australian provenance and the diamond ties that bind Australia and the US.

Members of ALROSA Supervisory Board voted to approve Anton Siluanov, Minister of Finance of the Russian Federation, as Chairman of the Supervisory Board.

Multiple single-cut diamonds, sized from a quarter point to half a point (0.0025-0.005 carats), which were contained in jewellery recently submitted for testing to a Diamond Services laboratory, have been found to be synthetic, greatly expanding the range of goods that can be considered at risk of improper and deceptive disclosure.

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