KP Report: Diamond Industry Faces 20% Drop in 2023 Value

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

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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

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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

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Cushions and rounds are often considered sister shapes, but these two brilliant cuts have several distinct differences. Here’s a comparison: Cushion vs. Round.

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The next step after your engagement is to find the perfect wedding band for your special day. Understanding what to look for will help you shop smarter and find the ideal wedding band to celebrate your love.

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Drilling results from Power Metals’ Molopo complex

Molopo Farms is a potential district-scale deposit, and for that to be ascertained, considerable investment needs to be made. The post Drilling results from Power Metals’ Molopo complex appeared first on Miningreview.com.

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