The global value of rough diamonds mined in 2023 dropped by over 20%, from $16 billion in 2022 to $12.7 billion, according to the latest Kimberley Process (KP) figures as quoted by IDEX Online.   Year-to-year, the volume of diamonds mined decreased by 7.6% to 111.5 million carats, with the

Gem Diamonds has recovered its eighth diamond over 100 carats this year from its Letseng mine in Lesotho. This marks a significant turnaround for the UK-based company, which only recovered five such diamonds in all of 2023.   The latest find is a 123.20-carat Type II white diamond, discovered on

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

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