In 2023, Russia’s diamond exports decreased by 12% to 32.4 million carats compared to 2022, according to a Kimberley Process (KP) report quoted by Rough & Polished. The value of Russia’s rough diamond exports also fell to $3.7 billion from $3.87 billion. Diamond production in Russia declined by 11% to
Mining & Exploration
Gem Diamonds has unearthed two diamonds over 100 carats within a week from its Letseng mine in Lesotho, IDEX Online reports. The latest find, a 172.06-carat Type II white diamond, marks the seventh diamond over 100 carats recovered this year, up from five in all of 2023. On May
Lucapa has recovered a 195-carat Type IIa diamond from its Lulo alluvial mine in Angola – the fourth diamond over 100 carats found at Lulo this year and the 44th since Lucapa began commercial operations in January 2015. According to IDEX Online, it is also the sixth largest diamond
Gem Diamonds has announced its second recovery of a +100-ct diamond in less than two weeks, according to IDEX Online. The UK-based miner unearthed a 118.74-carat Type II white diamond on April 28, following another Type II white diamond weighing 169.15 carats discovered on April 18. This marks the
Gem Diamonds has announced its second recovery of a +100-ct diamond in less than two weeks, according to IDEX Online. The UK-based miner unearthed a 118.74-carat Type II white diamond on April 28, following another Type II white diamond weighing 169.15 carats discovered on April 18. This marks the
Gem Diamonds unearthed a 169.15-carat Type II white diamond – its fourth +100-carat stone found in 2024, IDEX Online reports. In January, Gem recovered two diamonds weighing 129 carats and 295 carats respectively, followed by a 113-carat diamond in February. The UK-based mining company unearthed just five +100-carat diamonds