News – Page 36

De Beers approves $1 billion spending at Botswana mine

Global diamond giant De Beers said it will go ahead with a planned $1 billion investment to extend the life of its flagship Jwaneng mine in Botswana

Gem Diamonds and Lucara find first big stones of 2024

Africa-focused miners Gem Diamonds and Lucara Diamond have recovered big, high-quality Type IIa diamonds at their respective operations. Gem Diamonds said on Thursday it had unearthed a 295-carat rough stone at its Letšeng mine in Lesotho, adding to a long list of diamonds over 100 carats found at the operation over the past two years. The prolific mine is … Read more

IGI Detects 6-Carat Lab-Grown Diamond With Fake Inscription

The 6.01-carat, pear-shaped synthetic diamond was fraudulently inscribed with the Gemological Institute of America report number

Sarine, GCAL Launch Surat Grading Lab Following Merger

Sarine Technologies and Gem Certification & Assurance Lab (GCAL) will open a new grading lab in Surat, India, following their business combination last year. The new location will operate under the GCAL by Sarine banner, benefiting from Sarine’s technological and local expertise as well as GCAL’s grading brand, Sarine said Monday. The merged entity — … Read more

Bruce Cleaver Steps Down from De Beers Boards

Bruce Cleaver will leave his role as cochair of De Beers’ board of directors

DCLA 2024 PRICE LIST

Lab Growns and Natural Diamonds “Will Coexist”

Lab growns and natural diamonds will coexist in the future, says Vipul Shah, chairman of the Gems and Jewellery Export Promotion Council (GJEPC). He was speaking at the IIJS Signature, which opened in Mumbai on Friday (5 January 2024). “With natural diamonds, there is an aspiration, whereas lab-grown diamonds are for affordability, and for fun … Read more