The EU starts to lead the Kimberley Process

Having trouble viewing this email?  View online Diamond News Digest Wednesday 3 January 2018 Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver The EU starts to lead the Kimberley Process Even though the system has received criticisms, its 54 participants seem committed to making it work. read » Diamond prices were okay in December, not so good throughout 2017 Rapaport says that following a better-than-expected holiday season, polished diamond prices stabilized in December 2017. read » Diamond sorter to jail for $500K theft Major loss for Zimbabwe Consolidated Diamond Company. read » Graff buys another giant diamond from Sierra Leone With this purchase, Graff Diamonds says it has acquired, cut and polished the majority of the top 21 largest stones of the 21st century. read » Value of top 50 mining companies surge $140 billion in 2017 More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10. read » 20% increase in rough diamond revenue despite waning consumer demand While long-term diamond demand may be slowing, this year rough-diamond prices experienced positive turn-around and prices of polished diamonds stabilized. read » Pastor who found giant diamond in Sierra Leone to get less cash than promised The government says the cleric violated the Mines and Minerals Act. read » CHART: High flying metals to fall back to earth in 2018 Panel of investment banks and research houses forecast declines in copper, zinc, lead and palladium prices in 2018. read » Alrosa recovers huge yellow diamond from Yakutia mine The Russian company says more than twenty large rough diamonds over 50 carats have been extracted from its Jubilee pipe. read » Canadian diamond producer dealing with water issues in South Africa "The lower number of carats tendered and sold is attributable to a reduction in the volume of material being processed," the company revealed. read » Responsible Jewellery Council certifies Alrosa's mining and business practices The RJC conducted a months-long sustainability audit. read » De Beers reshuffles executive committee Chief executive Bruce Cleaver said the changes were necessary to sustain De Beers' success as a business. read » Diamond Fields to resume mining off Namibian coast next year The country's Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years. read » Sierra Leone 'Peace Diamond' sold for less-than-expected The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds. read » De Beers steps up efforts to remove 'conflict diamonds' from the market Diamond giant is investing in an open platform that will allow tracing a rock throughout the entire value chain — from mine to buyer. read » Rio Tinto appoints one of its own as the company's new chairman After a nine-month search, the miner has picked the current leader of the remuneration committee, Simon Thompson, to assume the post in March 2018. read » Alrosa's 51-carat Dynasty diamond fails to sell at auction The other four other stones of the collection were sold at an average premium of 30%. read » Kimberlite deposit in Nunavut twice as deep as previously estimated Peregrine Diamonds also found a very rare green diamond at the site. read » Brazil mining code unchanged as Senate fails to vote on bill Brazil's lower house of Congress removed from the agenda the discussion of a transitory presidential decree, which modified the country's current mining law. read » Alrosa ready to auction the most expensive diamond ever polished in Russia More than 130 potential buyers have already registered to participate in Wednesday's online sale of the five-diamond collection, which includes the giant 51.4-carat Dynasty. read » Venezuela backs its new cryptocurrency with 5 billion barrels of crude Venezuelan President Maduro shocked the market in early December when he followed China's 'petro-yuan' futures announcement by making headlines of himself proclaiming a new national cryptocurrency – the 'Petro' – to overcome The West's "financial blockade." read » U.S. sanctions Israeli billionaire Gertler over Congo deals US Treasury said Gertler has used his close relationship with the country's president, Joseph Kabila, to amass a fortune through corrupt and opaque deals. read » #OnlyinCanada: Homeless man helps recover lost diamond ring A homeless youth who got a 14-carat gold ring with square-cut diamonds by mistake. What happened later is almost unbelievable. read » 2018 global diamond industry primer 2017 has been a year of excess inventory shifting from the upstream segment of the diamond industry to the mid-stream segment. read » India trade ministry seeks lower tax on diamond miners The commerce department has sought to scrap levies and introduce a presumptive tax of 0.25 percent on diamond mining companies. read » Diamond Fields reclaims iconic name It'll be known as Diamond Fields Resources, and he new trading symbol is "DFR". read » Elite collection of natural fancy colour diamonds to be showcased in Los Angeles Visitors to the Natural History Museum of Los Angeles (NHMLA) will have a rare opportunity to see some of the world's most coveted natural fancy color diamonds at Green Diamonds: Natural Radiance, opening on December 9, 2017. read » Read more Diamond news on MINING.com » Home     Gold     Coal     Copper     Diamond     Iron Ore     Nickel     PGMs     Silver About Us   |  Privacy Policy  |  Unsubscribe   |  Contact Us   |  Advertise This email was sent to you by InfoMine Inc. 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