Russian diamond miner Alrosa wants controlling stake to mine in Zimbabwe

alrosa russian miner

Russian state-controlled miner Alrosa will assess the quality of Zimbabwe’s diamond reserves over the next six months but would only start mining if it can take a majority stake in such a project, the company’s chief executive said on Monday. Zimbabwe is seeking to attract investment and has scrapped legislation that restricts foreign participation for … Read more

De Beers: No Need to Flag Synthetics Treatments

De Beers Lightbox Jewelry

De Beers claims it doesn’t need to disclose treatments to its lab-grown diamonds, placing itself at odds with many synthetics traders pushing for full transparency in the sector. The company’s synthetics brand, Lightbox, applies post-growth enhancements to its colored lab-grown diamonds, it confirmed with Rapaport News. However, it doesn’t need to tell consumers, because the processes don’t … Read more