The panic that gripped the diamond world this year is starting to unwind as sanctioned Russian mining giant Alrosa has quietly revived exports to near pre-war levels. Alrosa accounts for about a third of global rough-diamond supply, and the $80-billion industry was thrown into turmoil as cutters, polishers and traders

India, which cuts or polishes about 90% of the diamonds sold in the world, is ramping up sales of laboratory-made gems as demand from the US surges and they become more accepted in other markets. Exports of polished lab-grown diamonds may double in the current financial year started April 1

A call for funding applications to be submitted for the development of the hydrogen economy is made in an advertisement placed today by South Africa’s Technology Innovation Agency (TIA), an entity of the Department of Science and Innovation (DSI). The call is for funding applications to be submitted for the

London-listed Gem Diamonds recovered 55 157 ct of diamonds in the six months ended June 30, compared with the 56 504 ct recovered in the prior half-year period. Diamond sales of 57 075 ct were, however, higher than the 54 573 ct sold in the prior comparable period.

South Africa’s Department of Mineral Resources and Energy has dismissed a third party’s appeal against the granting of a mining permit for Aim-listed investment company Kazera Global’s 60%-owned subsidiary Whale Head Minerals (WHM).  WHM now expects to shortly receive final documentation allowing it to start heavy mineral sands (HMS) production

In the six months to June 30, rough diamond production of the De Beers Group increased by 10% to 16.9-million carats, reflecting a strong operational performance and higher planned levels of production to meet continued strong demand for rough diamonds. Underlying earnings before interest tax depreciation and amortisation (Ebitda) increased