Low Prices Trigger A Four-Way Merger Proposal For African Diamond Miners

Gem Diamond Mine

Tough times in some parts of the diamond-mining industry has prompted an innovative solution, a four-way merger to create a new southern African diamond specialist. The proposal, from the London office of the German bank, Berenberg, could see Gem Diamonds, Petra Diamonds, Lucara Diamond Corporation and Firestone Diamonds emerge as a single business with enhanced … Read more

Graff Hong Kong to Display Lesedi Polished

Graff store hong kong

Graff will present a selection of flawless polished stones from the 1,109-carat Lesedi La Rona at its new Hong Kong boutique. Graff purchased the D-color diamond — the second-largest rough in history — from Lucara Diamond Corp. for $53 million in September 2017. The luxury jeweler has since cut about 30 polished diamonds from the … Read more