When it comes to buying that dream diamond, most people are unsure of what to look for. Buying that perfect diamond is not a low-cost exercise, with an average selling price of $16,000 for a 1 Carat quality diamond ring. Making sure that you make the correct choice for your budget is vital in making … Read more
Canada’s Dominion Diamond Mines has unveiled a transaction that would allow it to exit court protection from creditors and access short-term operating funds, which would pave the way to eventually restart its idled Ekati mine in Canada’s Northwest Territories. The company, which owns and operates the iconic Ekati diamond mine and also has a 40% interest in … Read more
A new study by University of Alberta scientists could help guide the search for rare, high-value yellow diamonds in the Canadian North. The researchers, led by PhD student Mei Yan Lai, examined the chemical makeup of stones recovered from the Chidliak and Ekati mines in Northern Canada to get a better understanding of how they formed. … Read more
The Israeli government has pledged $284 million (NIS 1 billion) to guarantee bank loans to diamond companies in an effort to ease the trade’s severe credit difficulties. A lack of credit is stifling growth, especially among the smaller firms that constitute about 70% of the Israeli trade, according to a special committee set up to … Read more
Gem Diamonds has recovered another 100 carat plus rough diamond this year.
Gem Diamonds at the Lesotho mine in southern Africa
Graff Jewellers buys 476 Carat Meya Prosperity Diamond
163 Carat D colour 11A type flawless diamond
